THE OPEN May beans:  3/4 higher May meal:  1.80 higher May soyoil:  69 higher May corn:  1 higher May wheat:  3 1/2 lower Prices opened as expected with solid gains in the soy complex that worked to put a floor under grains.  This also found short-covering as well.  After the open, prices were higher across the floor.   SOY

The soy complex put in a healthy trade to the upside as beans and meal seemed to make up for the time lag with soyoil prices at new contract highs.  Meal gained on soyoil, correcting July oilshare back to 40.0%.   May bean prices rally, trading back towards the upper end of the range which is now from $14.40-$14.35.   November bean prices tr...