CBOT soybean futures closed higher, driven by a confluence of three bullish factors. First, weather concerns intensified, with the latest models indicating potential scorching heat across the U.S. Midwest crop belt in mid-July, coupled with the USDA's reported decline in soybean condition ratings on a weekly basis, which weighed on crop supply prospects. Second, demand-side recovery signs emerged for U.S. soybeans, with not only increased buyer inquiries reported in the physical spot channel but also private exporters reporting soybean meal sales to Colombia. Third, crude oil prices rallied sharply on geopolitical tensions and transport disruption concerns, enhancing the price advantage of biofuels feedstocks. Meanwhile, managed funds have recently turned back into buyers in the grain complex, rapidly building long positions, and these shifts in money flows also collectively propelled the rally in soybean complex futures.