THE OPEN Nov beans: 3 higher Dec meal;  2.70 higher Dec soyoil: 34 lower Dec corn:  1 1/2 higher Dec wheat: 3 1/2 lower The markets opened as expected with more strength in bean and meal prices while soyoil and wheat prices struggled.  Price action was choppy as some bulls took profits and others perhaps entered as new shorts on the rally in anticipation of trading range activity. SOY

The major feature in the soy complex was that of weaker oilshare as traders unwound prev. buy soyoil/sell meal trade. Dec crush trades 45.46% with oilshare at 86c/bu.   Palm is on holiday, offering little direction, while crude oil prices ease today.  Bean prices put in an encouraging performance, driving beyond $13.00 f...