South American exports and predictions of dryer conditions across the U.S. only worked to push the commodity markets lower. For the holiday shortened week, July wheat fell 9 cents and the nearby corn contract, dropped 2 cents. Oversold conditions, a larger than expected crush and good weather pushed the soybean complex slightly lower as the July contract gave back a nickel. July meal bucked the trend adding a dime. In the softs, July cotton shrank 40 cents per hundred weight. Over in the dairy parlor, June Class III milk futures squeezed out a penny.