Soybean futures faced downward pressure as recent U.S.-China talks concluded without a new agricultural trade deal, reversing earlier market optimism. The July soybean contract dropped 19'6 to reach 1172'2, with CVOL sitting at 19.5%. Corn futures also moved lower following the summit and an ending stock estimate that came in above the five-year average, pushing the July contract down 12 cents to 455'4. Wheat futures followed the broader agricultural complex lower, despite ongoing struggles for the hard red wheat crop. The July wheat contract gave back its recent rally, falling 26'4 to settle at 631'4.