Corn and Soybean futures decline amid crude oil selloff.

Grain markets experienced notable downward pressure midweek, driven largely by outside market headwinds as WTI Crude Oil futures plunged as much as 7%. July Corn futures settled lower at 465'6, while the new crop December contract lost ground to close at 489'2. Soybean futures also encountered losses, with the July contract slipping just below the psychologically significant 1200'0 level, and July Chicago Wheat futures fell to 660'4. In addition to energy market influence, rising geopolitical tensions in the Middle East continue to drive macro fund flows and broad commodity volatility. Looking ahead to production, with U.S. corn and soybean planting nearing completion, the market focus pivots to weather. The latest 6-to-10-day outlook projects above-normal temperatures across the Midwest alongside supportive moisture levels in the eastern grain belt.