Colorado Wheat Price — USDA NASS Monthly & MYA Data
Colorado Wheat price reached $6.88/bu in August 2026 — about $0.65/bu above the US average of $6.23/bu. Monthly price received by producers, sourced directly from USDA NASS.
Wheat monthly price trend
Colorado vs the US average, last 24 months of USDA NASS data
| Month | Colorado price | US average |
|---|---|---|
| 2020-01 | $4.21/bu | $4.88/bu |
| 2020-02 | $4.34/bu | $4.88/bu |
| 2020-03 | $4.28/bu | $4.86/bu |
| 2020-04 | $4.48/bu | $4.85/bu |
| 2020-05 | $4.25/bu | $4.76/bu |
| 2020-06 | $4.35/bu | $4.57/bu |
| 2020-07 | $4.23/bu | $4.54/bu |
| 2020-08 | $4.04/bu | $4.54/bu |
| 2020-09 | $4.16/bu | $4.73/bu |
| 2020-10 | $4.75/bu | $4.98/bu |
| 2020-11 | $4.98/bu | $5.24/bu |
| 2020-12 | $5.21/bu | $5.46/bu |
| 2021-01 | $4.85/bu | $5.48/bu |
| 2021-02 | $4.96/bu | $5.83/bu |
| 2021-03 | $5.55/bu | $5.86/bu |
| 2021-04 | $5.89/bu | $6.04/bu |
| 2021-05 | $5.89/bu | $6.46/bu |
| 2021-06 | $6.03/bu | $6.23/bu |
| 2021-07 | $6.03/bu | $6.26/bu |
| 2021-08 | $6.47/bu | $7.14/bu |
| 2021-09 | $6.61/bu | $7.75/bu |
| 2021-10 | $6.90/bu | $7.92/bu |
| 2021-11 | $7.13/bu | $8.52/bu |
| 2021-12 | $7.06/bu | $8.59/bu |
| 2022-01 | $6.83/bu | $8.48/bu |
| 2022-02 | $7.95/bu | $9.16/bu |
| 2022-03 | $9.25/bu | $9.93/bu |
| 2022-04 | $9.62/bu | $10.20/bu |
| 2022-05 | $8.84/bu | $10.90/bu |
| 2022-06 | $10.30/bu | $9.61/bu |
| 2022-07 | $8.20/bu | $8.69/bu |
| 2022-08 | $8.41/bu | $8.55/bu |
| 2022-09 | $8.65/bu | $8.78/bu |
| 2022-10 | $9.34/bu | $9.18/bu |
| 2022-11 | $8.76/bu | $9.15/bu |
| 2022-12 | $8.17/bu | $8.97/bu |
| 2023-01 | $8.30/bu | $8.81/bu |
| 2023-02 | $8.35/bu | $8.54/bu |
| 2023-03 | $7.95/bu | $8.35/bu |
| 2023-04 | $8.39/bu | $8.31/bu |
| 2023-05 | $9.49/bu | $8.07/bu |
| 2023-06 | $7.94/bu | $7.67/bu |
| 2023-07 | $8.02/bu | $7.61/bu |
| 2023-08 | $7.06/bu | $7.34/bu |
| 2023-09 | $6.45/bu | $7.06/bu |
| 2023-10 | $6.03/bu | $6.96/bu |
| 2023-11 | $5.58/bu | $6.52/bu |
| 2023-12 | $5.89/bu | $6.79/bu |
| 2024-01 | $6.10/bu | $6.77/bu |
| 2024-02 | $5.12/bu | $6.34/bu |
| 2024-03 | $5.30/bu | $6.01/bu |
| 2024-04 | $5.38/bu | $5.90/bu |
| 2024-05 | $5.79/bu | $6.19/bu |
| 2024-06 | $5.73/bu | $5.86/bu |
| 2024-07 | $5.18/bu | $5.52/bu |
| 2024-08 | $4.99/bu | $5.23/bu |
| 2024-09 | $5.14/bu | $5.36/bu |
| 2024-10 | $5.08/bu | $5.47/bu |
| 2024-11 | $5.12/bu | $5.45/bu |
| 2024-12 | $5.09/bu | $5.49/bu |
| 2025-01 | $5.05/bu | $5.52/bu |
| 2025-02 | $4.99/bu | $5.59/bu |
| 2025-03 | $5.24/bu | $5.71/bu |
| 2025-04 | $5.02/bu | $5.61/bu |
| 2025-05 | $4.61/bu | $5.58/bu |
| 2025-06 | $4.72/bu | $5.28/bu |
| 2025-07 | $4.56/bu | $4.94/bu |
| 2025-08 | $4.22/bu | $4.84/bu |
| 2025-09 | $4.17/bu | $4.76/bu |
| 2025-10 | $4.19/bu | $4.73/bu |
| 2025-11 | $4.40/bu | $4.90/bu |
| 2025-12 | $4.34/bu | $5.03/bu |
| 2026-01 | $4.59/bu | $5.07/bu |
| 2026-02 | $5.00/bu | $5.15/bu |
| 2026-03 | $5.16/bu | $5.52/bu |
| 2026-04 | $5.51/bu | $5.70/bu |
| 2026-05 | $6.19/bu | $5.88/bu |
| 2026-06 | $5.55/bu | $5.70/bu |
| 2026-07 | $6.41/bu | $6.06/bu |
| 2026-08 | $6.88/bu | $6.23/bu |
How Colorado compares
Top Wheat-producing states, August 2026 price
| State | Price | vs US avg |
|---|---|---|
| Pennsylvania | $6.96/bu | +11.7% |
| Colorado | $6.88/bu | +10.4% |
| North Carolina | $6.86/bu | +10.1% |
| Kansas | $6.84/bu | +9.8% |
| Nebraska | $6.67/bu | +7.1% |
| Oklahoma | $6.64/bu | +6.6% |
| Missouri | $6.4/bu | +2.7% |
| South Dakota | $6.34/bu | +1.8% |
What this price means for Colorado Wheat farmers
Colorado wheat fetched $6.88 per bushel in August 2026, sitting $0.65 above the national average of $6.23 per bushel for the same period. That premium reflects local basis conditions — primarily transportation costs, elevator density, and regional buyer competition — rather than any inherent quality difference from farms in other states. Looking beyond the monthly snapshot, Colorado's current marketing-year-average price stands at $4.50 per bushel, down $0.57 from last year's finalized MYA of $5.07, a meaningful year-over-year decline that signals tighter returns for the 2025–26 crop year. Producers should treat the August monthly print as a market signal, not a summary of the season's financial outcome.
When it comes to marketing and revenue decisions, the distinction between a single monthly price and the marketing-year-average matters enormously. A farmer who locks in a forward contract based on August's $6.88 figure is pricing off a moment that may reflect seasonal tightness or a temporary rally, while the MYA of $4.50 better captures the blend of prices received across all months of the marketing year. For annual income projections, operating loan repayment estimates, and cash flow budgeting, the MYA is the appropriate baseline because it smooths out the volatility visible in the month-to-month swings seen this year, which ranged from $5.16 in March to $6.88 in August. Using a single high monthly price to anchor a budget risks overstating revenue, whereas the MYA, even as a preliminary figure, gives a more realistic foundation for planning forward contracts, input purchases, and storage decisions.
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Frequently asked questions — Colorado Wheat price
Why is Colorado's August 2026 wheat price $0.65/bushel higher than the US average?
Colorado's August 2026 wheat price of $6.88/bushel sits $0.65 above the national average of $6.23/bushel, a difference known as the state basis, which reflects local supply-and-demand conditions, transportation costs to major elevators, and regional grain quality premiums. Hard red winter wheat grown in Colorado often commands a premium when protein content is strong and nearby milling demand is active. Tracking this basis over time helps Colorado producers decide whether to sell locally or explore alternative markets.
What is the difference between Colorado's August 2026 wheat price of $6.88/bushel and the $4.50/bushel marketing-year-average price?
The $6.88/bushel figure is the USDA-reported price received by Colorado farmers specifically during August 2026, representing a single monthly snapshot within the crop marketing year. The $4.50/bushel marketing-year-average (MYA) price is calculated across the full June-to-May wheat marketing year and is the benchmark USDA uses for crop insurance indemnity calculations and farm program payments such as ARC and PLC. Relying solely on the August price would overestimate season-long revenue, so producers should weight expected sales volumes against the MYA when projecting total income.
How frequently does USDA update Colorado wheat price data, and when should I expect the next release?
USDA's National Agricultural Statistics Service (NASS) publishes state-level prices received for wheat monthly, typically releasing each month's data within three to four weeks after the reference month closes. The final marketing-year-average price for Colorado wheat is published after the marketing year ends in May and is subject to revision in subsequent NASS reports. Monitoring the NASS release calendar ensures you are working with the most current data before making forward-contracting or storage decisions.
How can I combine Colorado's August 2026 wheat price with yield data to estimate per-acre revenue?
To estimate gross revenue per acre, multiply your expected or actual Colorado wheat yield in bushels per acre by the relevant price: for a single-month estimate use $6.88/bushel, or use the $4.50/bushel MYA price for a full-season projection that better reflects blended selling opportunities. For example, a 50 bu/acre yield at the MYA price yields $225/acre in gross revenue, while the same yield priced at the August figure yields $344/acre, illustrating why the timing of sales significantly impacts realized income. Pairing county-level NASS yield estimates with these price points allows agronomists and producers to benchmark profitability against input costs and make more informed storage or forward-contracting decisions.