THE OPEN July beans:  9 higher July meal:  2.00 higher July soyoil:  94 higher July corn:  1 higher July wheat:   5 3/4 higher The markets opened higher and quickly tacked on further gains.  Bean and wheat prices led the rally based on technical direction and overnight strength.  Beans gained on corn, and soyoil on meal.   The index roll is on day 2 and is a major feature of trade and volume.   SOY

Funds were back to buying the bean market as positions are lower than what they were a few months ago, allowing for further interest on pullbacks.  The technical picture remains sound with prices now operating towards the upper portions of trading ranges.  Spreads reb...