# Soybean Gains Extending to Friday Morning with $12 in the Sights

> Soybean futures traded with gains early Friday, with nearby contracts approaching $12 per bushel. Soymeal and soy oil were also higher. The forecast showed drier weather in the eastern Corn Belt, which has lagged on planting.

- Date: 2026-05-29 · published 2026-05-29T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/19299-soybean-gains-extending-to-friday-morning-with-12-in-the-sights
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md), [Soybean Oil](https://feedsoft.ai/c/SBO.md)

## Why it matters

Dryness in parts of the Corn Belt and firm soy oil support near-term prices. Weather is the main driver of the price tone.

## Read by commodity

- SBM: bullish ▲
- SBO: bullish ▲
- SOY: bullish ▲

## Sources

- barchart.com: https://www.barchart.com/story/news/2198967/soybean-gains-extending-to-friday-morning-with-12-in-the-sights

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.