THE OPEN May beans:  9 3/4 lower May meal:  3.50 lower May soyoil: 21 lower May corn:  4 1/2 lower May wheat:  1 1/2 lower The markets opened lower with more fund selling as charts were building in resistance and rains are forecast to fall in Argentina and the US plains.  Beans were losing the most, but soyoil futures came roaring back from a hard break to trade to new contract highs. The strength in soyoil futures caught bears in beans flat-footed, which produced a short-covering rally in beans and meal.  Corn prices followed, but grains remained generally weak led by wheat. SOY

The soy complex worked lower today led by beans and meal.   Soyoil prices broke hard at first but managed an earl...