<p>CHICAGO, March 6 (Reuters) - Chicago Board of Trade soybean futures rose on Friday to their highest point since June 2024 on a continuous chart, tracking further gains in crude oil prices as investors continued to react to potential disruption from the U.S.-Israeli war with Iran.</p>
<ul>
<li>U.S. crude oil futures climbed more than 10% on Friday, pulling closer to Brent as buyers sought available barrels, with Middle Eastern supply constrained by the effective closure of the Strait of Hormuz amid the expanding U.S.-Israeli conflict with Iran.</li>
<li>The war has also offset strength in the dollar  (=USD) , which tends to curb Chicago prices as it makes U.S. crops more expensive for export.  (FRX/)</li>
<li>Brazil’s farmers are in the middle of harvesting what is widely forecast to be a record crop that could slow Chinese demand for U.S. soybeans.</li>
<li>CBOT May soybeans  (SK26)  rose 21-1⁄2 cents to $12.00-3⁄4 per bushel.</li>
<li>Benchmark soybean futures traded above $12 a bushel for the first time since June 6, 2024.</li>
<li>CBOT May soyoil  (BOK26)  rose 0.88 cents to finish at 66.58 per pound, with all soyoil contracts notching lifetime highs.</li>
<li>CBOT May soymeal  (SMK26)  rose $7.90 to end at $317.20 per short ton.</li>
</ul>

SOYB

FTAG

516810

VEGI

Reuters

United States Oil Fund LP

VanEck Agribusiness ETF

Invesco DB Agriculture FD ETF

ISHRS S&P Glb Engy

Teucrium Soybean

First Trust Indxx Global Agri

ChinaAMC CSI Agriculture Theme ETF

SPDR O&G Ex & Prd

iShares MSCI Agriculture Producers ETF

CBOT soybeans hit contract highs on crude oil rally