THE OPEN Beans:  Aug. up 1 and Nov down 3 Meal:   2.50 lower Soyoil:  60 pts higher Corn:  5 1/2 lower Wheat:  6 1/4 higher The markets opened as expected with soyoil futures gaining quickly on the rest of the board.  Strong oilshare once again attempted to pull beans higher, but later in the session bean strength could not hold.  Meal prices worked lower as the largest feature on the day was that of buying soyoil/sell meal, and buying wheat/sell corn.   SOY

The feature of the day was that of higher oilshare.  August crush traded up to 1.01c/bu while oilshare traded to new highs for the recovery move to 45.92%.  Strong palm oil, canola, and energy prices supported vegoils...