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THE OPEN November beans:  2 3/4 lower December meal:  3.70 higher December soyoil:  77 lower December corn:  2 lower December wheat:  3 3/4 lower Prices opened as expected with still trending lower oilshare a major feature of trade.  Meal prices continued to place new ctr highs as more demand surfaces due to restrictions in Argentina's meal supply.  Strong meal helped bean prices to stabilize, while negative technical signals in palm and lower canola triggered sell stops in soyoil. The following forecasts were made by Argentina's BA Exchange: 20/21 bean production was forecast at 46.5 mmt 20/21 corn production at 47.0 mmt 20/21 wheat production at 17.5 mmt vs. the May projection of 21.0 mmt. Wor...

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From WPI Consulting

Weighing in on strategic realignment

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