Current soybean futures price sits near $11.78 per bushel, with momentum building on concerns about U.S. crop yields amid delayed planting. Hedge funds have increased long positions, signaling market optimism that prices could break $12 if export numbers exceed projections. WATERMAN, Illinois (Reuters) -A trade mission to Nigeria. A memorandum of understanding with Vietnam. A surge of purchases from Bangladesh. Listed on NYMEX, creating new opportunities to hedge price fluctuations, capitalize on price differentials between other Refined products or accept delivery, if preferred. Soybean futures price hovered at $11.81 per bushel in Chicago, with traders eyeing export loading data from U.S. ports. A surge in shipments is likely to support a technical rally, testing the $12 threshold within the next fortnight.