soybean futures were on track friday to settle at their highest in three weeks after the us department of agriculture’s prospective plantings report showed 2023 soybean intended plantings little changed from 2022 the report showed that soybean area planted in the us at 8745 million acres in 2022 with intended plantings at 87505 million acres this year “given how tight us stocks are and the expected growth in domestic demand this will likely keep supply and demand tight for the next year” said darin newsom barchart senior market analyst the mostactive may soybean contract sk23 rose 33 cents or 22 to 1507 ½ a bushel a settlement around this level would mark the highest for a mostactive contract since march 10 factset data show