Summary: Positioning ahead of a government report and weather had the most influence on the commodities market. For the week, July wheat lost 13 cents while the nearby corn contract declined a penny. USDA provided the soy complex with some bullish numbers but other good news for the oilseed was harder to come by. The July soybean contract gained 4 cents. July soybean meal fell a dime per ton. July cotton declined $1.95 per hundredweight. Over in the dairy parlor, June Class III milk futures improved 62 cents. Another down week in the livestock sector.
