Summary: Algorithms and speculators made headlines while weather and policy debates factored into the trade. For the week, July wheat lost 18 cents while the nearby corn contract shed 29 cents. A record day for soybeans, lower, as the biggest one-day fall on the contract happened Thursday. For the week, the July contract plummeted $1.13. July meal fell $9.90 per ton. December cotton decreased by $2.74 per hundredweight. In the dairy parlor, July Class III milk weakened by 82 cents. A mixed week in the livestock sector. August cattle improved $1.52. August feeders added $3.85.
