THE OPEN May beans:  4 3/4 lower May meal:  2.10 lower May soyoil:  20 lower May corn:  4 1/4 lower May wheat:  12 lower The markets opened as expected with meal prices turning higher as traders booked profits on recent buy soyoil/sell meal trade.  Wheat prices continued to sell-off in terms of technical chart points.  Buy corn/sell wheat spread trade was a fan-favorite.  Volumes remain low with holidays in China and Brazil.  SOY

The soy complex traded mixed with traders taking profits on oilshare and meal rallying on the back of extreme cold temperatures.   May crush trades up to 71c/bu while oilshare falls back under 35.0% to 34.90%.  Higher palm oil initially lifted so...