BEIJING, June 10 (Reuters) - Chicago soybean futures rose on Wednesday after hitting a four-month low in the previous session, as firmer crude oil prices lifted soyoil prices.

FUNDAMENTALS

* The most-active soybeans contract on the Chicago Board of Trade (CBOT) Sv1 fell 0.2% to $11.16 a bushel by 0200GMT, while wheat Wv1 lost 0.43% to $5.87-3/4 a bushel. Corn Cv1 dropped 0.1% to $4.19 a bushel.

* CBOT soyoil rose 0.24% to close at 75.01 cents per pound, buoyed by higher oil prices.

* Oil prices climbed about 1% on Wednesday, moving away from a seven-week low touched in the previous session, after the U.S. military launched new strikes against Iran and as market data showed another large draw in U.S. crude stocks.O/R

* Soybean futures were also supported from a surprise drop in weekly U.S. crop condition ratings. The U.S. Department of Agriculture on Monday rated 65% of the soy crop as good to excellent, down from 66% last week, while analysts on average had expected an improvement.

* China's soybean imports fell 15.3% in May from a year earlier, but the volume was still the third highest on record for the month, exceeding analysts' expectations as peak South American supplies and smoother port logistics supported arrivals.

* Meanwhile, the USDA confirmed private sales of 120,000 metric tons of old-crop U.S. corn to undisclosed destinations.

* Crop weather in the heart of the Midwest crop belt remained generally favourable, with warm temperatures and showers crossing the region this week.

MARKET NEWS:

* Asian stocks fell on Wednesday while oil prices surged as escalating tensions in the Middle East unsettled markets, dimming hopes for an end to the months-long war that has pushed commodities higher and stoked inflation worries. MKTS/GLOB

DATA/EVENTS (GMT)

1230 US Core CPI MM, SA May

1230 US Core CPI YY, NSA May

1230 US CPI MM, SA May

1230 US CPI YY, NSA May

1230 US CPI Wage Earner May