Iowa Corn Price — USDA NASS Monthly & MYA Data
Iowa Corn price reached $4.44/bu in August 2026 — $0.01/bu below the US average of $4.45/bu. Monthly price received by producers, sourced directly from USDA NASS.
Corn monthly price trend
Iowa vs the US average, last 24 months of USDA NASS data
| Month | Iowa price | US average |
|---|---|---|
| 2020-01 | $3.78/bu | $3.79/bu |
| 2020-02 | $3.74/bu | $3.78/bu |
| 2020-03 | $3.64/bu | $3.68/bu |
| 2020-04 | $3.28/bu | $3.29/bu |
| 2020-05 | $3.12/bu | $3.20/bu |
| 2020-06 | $3.11/bu | $3.16/bu |
| 2020-07 | $3.14/bu | $3.21/bu |
| 2020-08 | $3.08/bu | $3.12/bu |
| 2020-09 | $3.39/bu | $3.41/bu |
| 2020-10 | $3.61/bu | $3.61/bu |
| 2020-11 | $3.82/bu | $3.79/bu |
| 2020-12 | $4.05/bu | $3.97/bu |
| 2021-01 | $4.40/bu | $4.24/bu |
| 2021-02 | $4.87/bu | $4.75/bu |
| 2021-03 | $4.89/bu | $4.89/bu |
| 2021-04 | $5.35/bu | $5.31/bu |
| 2021-05 | $6.03/bu | $5.91/bu |
| 2021-06 | $6.19/bu | $6.00/bu |
| 2021-07 | $6.22/bu | $6.12/bu |
| 2021-08 | $6.38/bu | $6.32/bu |
| 2021-09 | $5.63/bu | $5.47/bu |
| 2021-10 | $5.02/bu | $5.02/bu |
| 2021-11 | $5.23/bu | $5.26/bu |
| 2021-12 | $5.54/bu | $5.47/bu |
| 2022-01 | $5.70/bu | $5.58/bu |
| 2022-02 | $6.11/bu | $6.09/bu |
| 2022-03 | $6.59/bu | $6.56/bu |
| 2022-04 | $7.12/bu | $7.07/bu |
| 2022-05 | $7.34/bu | $7.26/bu |
| 2022-06 | $7.48/bu | $7.38/bu |
| 2022-07 | $7.44/bu | $7.25/bu |
| 2022-08 | $7.40/bu | $7.24/bu |
| 2022-09 | $7.42/bu | $7.09/bu |
| 2022-10 | $6.53/bu | $6.49/bu |
| 2022-11 | $6.50/bu | $6.49/bu |
| 2022-12 | $6.69/bu | $6.58/bu |
| 2023-01 | $6.74/bu | $6.63/bu |
| 2023-02 | $6.83/bu | $6.80/bu |
| 2023-03 | $6.70/bu | $6.67/bu |
| 2023-04 | $6.75/bu | $6.70/bu |
| 2023-05 | $6.57/bu | $6.54/bu |
| 2023-06 | $6.57/bu | $6.49/bu |
| 2023-07 | $6.33/bu | $6.22/bu |
| 2023-08 | $5.77/bu | $5.73/bu |
| 2023-09 | $5.22/bu | $5.21/bu |
| 2023-10 | $4.96/bu | $4.93/bu |
| 2023-11 | $4.74/bu | $4.66/bu |
| 2023-12 | $4.89/bu | $4.80/bu |
| 2024-01 | $4.84/bu | $4.74/bu |
| 2024-02 | $4.39/bu | $4.36/bu |
| 2024-03 | $4.43/bu | $4.36/bu |
| 2024-04 | $4.50/bu | $4.39/bu |
| 2024-05 | $4.63/bu | $4.51/bu |
| 2024-06 | $4.60/bu | $4.48/bu |
| 2024-07 | $4.32/bu | $4.23/bu |
| 2024-08 | $4.02/bu | $3.84/bu |
| 2024-09 | $4.09/bu | $3.97/bu |
| 2024-10 | $4.01/bu | $3.99/bu |
| 2024-11 | $4.12/bu | $4.07/bu |
| 2024-12 | $4.27/bu | $4.23/bu |
| 2025-01 | $4.37/bu | $4.29/bu |
| 2025-02 | $4.59/bu | $4.58/bu |
| 2025-03 | $4.53/bu | $4.57/bu |
| 2025-04 | $4.64/bu | $4.62/bu |
| 2025-05 | $4.64/bu | $4.64/bu |
| 2025-06 | $4.46/bu | $4.47/bu |
| 2025-07 | $4.20/bu | $4.29/bu |
| 2025-08 | $3.89/bu | $3.96/bu |
| 2025-09 | $3.90/bu | $4.00/bu |
| 2025-10 | $3.90/bu | $3.93/bu |
| 2025-11 | $3.99/bu | $3.98/bu |
| 2025-12 | $4.21/bu | $4.10/bu |
| 2026-01 | $4.13/bu | $4.12/bu |
| 2026-02 | $4.12/bu | $4.12/bu |
| 2026-03 | $4.28/bu | $4.27/bu |
| 2026-04 | $4.29/bu | $4.31/bu |
| 2026-05 | $4.45/bu | $4.48/bu |
| 2026-06 | $4.26/bu | $4.28/bu |
| 2026-07 | $4.26/bu | $4.26/bu |
| 2026-08 | $4.44/bu | $4.45/bu |
How Iowa compares
Top Corn-producing states, August 2026 price
| State | Price | vs US avg |
|---|---|---|
| North Carolina | $5.53/bu | +24.3% |
| Colorado | $5.16/bu | +16% |
| Pennsylvania | $5.09/bu | +14.4% |
| Tennessee | $4.9/bu | +10.1% |
| Indiana | $4.86/bu | +9.2% |
| Texas | $4.83/bu | +8.5% |
| Ohio | $4.82/bu | +8.3% |
| Kentucky | $4.81/bu | +8.1% |
What this price means for Iowa Corn farmers
Iowa corn prices reached $4.44 per bushel in August 2026, sitting just one cent below the national average of $4.45 per bushel. That narrow gap is consistent with typical basis variation driven by local elevator competition, regional transportation costs, and nearby processing demand rather than any difference in grain quality or production efficiency. Looking back at the prior marketing-year average of $4.25 per bushel, the current monthly print represents a modest improvement in cash prices at the farm gate, though the current marketing-year average of $4.10 per bushel — which may still be revised as more months are finalized — trails last year's MYA by $0.15 per bushel, reflecting the broader price pressure that Iowa producers have faced across the 2025-26 season.
For marketing and selling decisions, it is tempting to treat a strong monthly number like August's $4.44 as a signal to lock in forward contracts across a large share of remaining inventory, but a single monthly print can misrepresent the true seasonal price environment. The marketing-year average of $4.10 per bushel smooths out the swings seen between March's $4.28 and May's $4.45, giving a more reliable baseline for projecting annual corn revenue and covering input costs. Forward contracting off a peak monthly price works well as a tactical hedge for bushels you are ready to move, but annual budget models, land rent decisions, and loan repayment schedules should be anchored to the MYA, since that figure captures what the market actually paid across the full marketing year. Using the MYA as your planning benchmark, rather than any one month's favorable close, helps avoid the cash-flow miscalculations that can follow when prices settle back toward seasonal lows.
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Frequently asked questions — Iowa Corn price
Why is Iowa's corn price of $4.44/bushel slightly below the US average of $4.45/bushel in August 2026?
Iowa's corn price differs from the national average due to local basis conditions, which reflect regional supply and demand dynamics, transportation costs to end markets, and local elevator competition. A $0.01/bushel negative basis relative to the US average is relatively narrow, suggesting Iowa's market is well-connected to national demand centers such as ethanol plants and export terminals along the Mississippi River.
What is the difference between Iowa's August 2026 monthly corn price of $4.44/bushel and the marketing-year-average price of $4.10/bushel?
The monthly price of $4.44/bushel reflects what Iowa corn was valued at during August 2026, a specific snapshot in time, while the marketing-year-average (MYA) price of $4.10/bushel represents the weighted average price received by farmers across the entire September 2025 through August 2026 marketing year. The $0.34/bushel gap indicates that prices were generally lower earlier in the marketing year, which is a common seasonal pattern as harvest-time supply pressure tends to weigh on prices in the fall months.
How frequently does USDA update Iowa corn price data, and where does this data originate?
USDA's National Agricultural Statistics Service (NASS) publishes monthly state-level corn prices through its Agricultural Prices report, typically released on the last business day of each month. The marketing-year-average price is finalized after the close of the full marketing year in August, making the MYA figure a reliable benchmark for evaluating season-long revenue performance and comparing against loan rates or crop insurance guarantees.
How can Iowa farmers use the $4.44/bushel August 2026 price alongside county yield data to estimate corn revenue per acre?
By multiplying the Iowa corn price of $4.44/bushel by your farm's actual or expected yield per acre, you can quickly estimate gross revenue—for example, a 200 bushel/acre yield would generate approximately $888 per acre at that price. Comparing this figure against your cost of production and any contracted bushels helps identify remaining unpriced inventory and informs decisions about whether to sell from the bin, extend storage, or enter new forward contracts.