By adding soy flour (soy) to linear low‐density polyethylene (LLDPE), soy‐PE fibers with enhanced hydrophilic characteristics were developed. Blends containing only soy and LLDPE had limited draw‐down, and the resulting thick fibers showed poor mechanical properties. When monoglyceride was added as a compatibilizer, thin fibers with good properties could be successfully spun due to improved dispersion of soy agglomerates in the LLDPE melt. Fibers spun from a blend containing 23/7/70 wt % of soy‐monoglyceride‐LLDPE displayed a tensile modulus and strength of 615 ± 38 and 57 ± 8 MPa, respectively. At 30% less synthetic content, these fibers still displayed mechanical properties generally comparable to those of base polyethylene fibers. Contact angle measurements showed that the soy‐based fibers had a hydrophilic surface (contact angle of 33° ± 4°). Moisture absorption studies confirmed that soy‐PE fibers gained about 20 wt % moisture in 1 h, whereas neat LLDPE fibers did not absorb any significant amount (LLDPE is hydrophobic). This hydrophilic behavior of soy‐PE fibers mimics that of natural fibers. Presence small soy agglomerates on the fiber surface also provides a textured surface and a desired tactile feel to the soy‐PE fibers, which coupled with hydrophilic behavior indicates their potential use in disposable nonwovens. © 2018 Wiley Periodicals, Inc. J. Appl. Polym. Sci. 2018, 135, 46609.