Summary: Grains traded in 8 year highs as the same components of weather, demand and China stayed fused. For the week, July wheat added 23 cents while the nearby corn contract leaped 41 cents higher or 6 percent. It is not clear if the bulls have pulled an “Irish Goodbye” in the soybean complex, but the technicals spent part of the week possibly signaling their quiet departure. July soybeans improved 19 cents. July meal added 30 cents. July cotton shrank by 72 cents per hundredweight. Over in the dairy parlor, May Class III milk rose 31 cents.
