Aaron Huebner of CHS Hedging said “We witnessed a big selloff in energy markets today after weekend retaliatory strikes by Israel on Iran were focused mostly on military targets. The fear had been Israel would strike oil and nuclear facilities, but the attacks were mainly Iranian defense systems and missile production facilities. Due to the above, our grain markets suffered on the day as crude oil fell $4.00 lower and spilled over to pressure corn, beans and wheat. Improved planting in Brazil and chances for rain in parts of the U.S. added to the weight in our markets.”