Chicago soybean futures rose on Friday in step with other commodity markets but remained on course for a first weekly fall in 10 weeks after rain in the U.S. Midwest eased weather worries.
Corn recovered from the previous day's losses to stay on track for a sixth straight weekly rise. Wheat also regained ground but was set for a weekly decline against a backdrop of good yields in an advancing U.S. winter wheat harvest.
Chicago Board of Trade soybeans were up 1.1 percent at $11.47 a bushel by 1157 GMT. The contract has lost 2.7 percent this week after climbing more than 28 percent in the previous nine weeks.
Corn added 0.9 percent to $4.29 a bushel, while wheat rose 1.2 percent to $4.78.
Showers this week in the Midwest have alleviated worries about stress to U.S. crops from dryness, a factor that added to the recent rally in soybeans after rain damage to Argentina's harvest.
U.S. government crop ratings also continue to show good conditions for developing soybean and corn plants.
An easing in the dollar and a bounce in crude oil and other commodity markets encouraged grain and oilseed prices to steady.
Despite this week's rain, traders are monitoring forecasts for drier conditions in the second half of June and the possibility of a La Nina weather pattern that could bring dryness in the summer growth period for soy and corn.
"Rainfall in the U.S. Midwest has improved conditions for the near term but both corn and soybeans have some time before harvest," said Kaname Gokon at the Okato Shoji brokerage in Tokyo. "Import demand for U.S. soybeans and corn is pretty strong."
Soybeans and corn were also underpinned by brisk export demand.
The U.S. Department of Agriculture said on Thursday that export sales of combined old-crop and new-crop corn totalled more than 1 million tonnes for the sixth straight week while soybean sales surpassed trade expectations.
In Brazil, usually a major exporter, the government said on Thursday that it is preparing to open imports provisionally for some varieties of genetically modified corn from the United States to ease the local supply crisis.
Wheat futures have been weighed down by ample global supply and expectations for a bumper U.S. winter wheat harvest.
However, uncertainty over crop quality in Europe and the Black Sea region after heavy spring rain has provided some support to prices for milling wheat.
The French silos that take delivery of wheat traded on Euronext's futures market <0#BL2:> will maintain extra quality requirements next season, the exchange said on Friday, as traders worry that rain will damage French crop quality.