THE OPEN July beans:  12 lower July meal:  2.20 lower July soyoil:  89 lower July corn:  8 lower July wheat:  6-7 lower The markets opened as called with some spread unwinding.   Grains were weaker vs. soy, as oilshare stabilized at the bottom.   Benign weather and softer cash bean basis levels continue to weigh on the market, driving more weather premium out of price action.  Funds continue as net sellers on the week. SOY

The soy complex opened under pressure, but end-of - week short covering and a healthy dose of bull-spreading lifted prices off their four-week lows.  July bean prices started a congestion trade, while November bean prices remained on the defensive with a goo...