November soybeans opened 23 1/2 cents higher on the day at 1299 1/2 and established an early range of 1286 to 1317. The market opened higher this morning as expected with the November soybean contract moving higher in very early trade on buying by commission houses and locals with some fund buying as well. Prices eased slightly into early mid session, but remained higher on the day. Meal and oil were also higher. Weather and late season concerns over soybean yields were the major factors moving the market today according to traders along with an early session rally in crude oil and gold. Increased tensions between farmers and the government in Argentina are also thought to be supporting the soybean complex somewhat today, although there is no sign of an imminent strike at this point. Pirates hijacked a Malaysian oil tanker carrying palm oil in the waters off Somalia. The vessel was headed to Rotterdam and it joins ships from Japan and Thailand that have also been seized in those waters recently. The World Meteorological Organization said today that the world was cooler than at least the 5 previous years during the first half of 2008.