CBOT soybeans gain as traders monitor South American weather

Feb 14 (Reuters) - Chicago Board of Trade soybean futures rose on Friday as traders monitored parched weather in Argentina, a major soy producer.

• CBOT March soybeans SH25 settled up 6 cents to $10.36 per bushel.

• CBOT March soymeal SMH25 ended up $3.2 to $295.90 per short ton.

• March soyoil BOH25 fell 0.18 cent to 46.07 cents per pound.

• Soy futures were broadly supported by an easing dollar and investor relief that U.S. President Donald Trump did not immediately impose reciprocal tariffs globally, analysts said.

• A powerful Brazilian soy grower lobby is recommending farmers reject the inclusion in soy purchase and sale contracts of the obligation to comply with the European Union anti-deforestation law, according to a statement on Friday.

• Weekly U.S. soybean exports were below expectations but the absence of more U.S. tariffs tempered concerns about full-blown trade conflict with top soybean importer China.

• On Thursday, Brazil's crop agency Conab lowered its soybean supply forecast in the world's top supplier due to dry weather in the south, but raised corn estimates.