THE OPEN May beans: 11 lower May meal: 5.00 lower May soyoil: 22 lower May corn: 7 1/2 lower May wheat: 11 1/4 lower Prices opened lower and continued to slide throughout the session, triggering sell-stops. Funds were selling what they purchased yesterday. Charts are beginning to build in slightly more resistance levels that appear to be challenging. Buy soyoil/sell meal trade continues, as prices break but overall still remain in current ranges. Later in the session May soyoil traded higher on the day which helped bean prices to recover. SOY
The soy complex opened as called with buyers standing aside into fund selling activity. May beans trades back und...
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