Soybean futures u

U.S. soybean futures moved higher on expectations of reduced South American output. Private meteorological firms forecast continued La Niña-like conditions, with the May contract climbing $0.10 to $13.29 per bushel. Following Secretary Bessent mentioning there would be news on Tuesday, likely implying a potential trade aide for producers, a Wall Street Journal report indicated the White House is looking for an aide package in the $10-14 billion range. No specifics were given. The USDA World Agricultural Supply and Demand Estimate (WASDE) report is a comprehensive forecast that often shifts the soybean market in an unexpected direction. Speculative buying in soybean futures was encouraged by stronger-than-expected NOPA crush data. March soybeans traded at $13.20, and analysts expect oil yield margins to remain firm, providing a floor for futures prices in the coming weeks.