Idaho Wheat Price — USDA NASS Monthly & MYA Data
Idaho Wheat price reached $6.00/bu in August 2026 — $0.23/bu below the US average of $6.23/bu. Monthly price received by producers, sourced directly from USDA NASS.
Wheat monthly price trend
Idaho vs the US average, last 24 months of USDA NASS data
| Month | Idaho price | US average |
|---|---|---|
| 2020-01 | $5.16/bu | $4.88/bu |
| 2020-02 | $5.28/bu | $4.88/bu |
| 2020-03 | $5.01/bu | $4.86/bu |
| 2020-04 | $4.94/bu | $4.85/bu |
| 2020-05 | $5.08/bu | $4.76/bu |
| 2020-06 | $5.19/bu | $4.57/bu |
| 2020-07 | $4.88/bu | $4.54/bu |
| 2020-08 | $4.75/bu | $4.54/bu |
| 2020-09 | $4.61/bu | $4.73/bu |
| 2020-10 | $4.85/bu | $4.98/bu |
| 2020-11 | $5.08/bu | $5.24/bu |
| 2020-12 | $5.19/bu | $5.46/bu |
| 2021-01 | $5.22/bu | $5.48/bu |
| 2021-02 | $5.52/bu | $5.83/bu |
| 2021-03 | $5.56/bu | $5.86/bu |
| 2021-04 | $5.86/bu | $6.04/bu |
| 2021-05 | $6.05/bu | $6.46/bu |
| 2021-06 | $5.87/bu | $6.23/bu |
| 2021-07 | $5.99/bu | $6.26/bu |
| 2021-08 | $5.94/bu | $7.14/bu |
| 2021-09 | $6.69/bu | $7.75/bu |
| 2021-10 | $7.67/bu | $7.92/bu |
| 2021-11 | $7.54/bu | $8.52/bu |
| 2021-12 | $7.29/bu | $8.59/bu |
| 2022-01 | $7.31/bu | $8.48/bu |
| 2022-02 | $8.08/bu | $9.16/bu |
| 2022-03 | $8.48/bu | $9.93/bu |
| 2022-04 | $8.71/bu | $10.20/bu |
| 2022-05 | $7.50/bu | $10.90/bu |
| 2022-06 | $9.01/bu | $9.61/bu |
| 2022-07 | $8.37/bu | $8.69/bu |
| 2022-08 | $7.81/bu | $8.55/bu |
| 2022-09 | $8.33/bu | $8.78/bu |
| 2022-10 | $8.32/bu | $9.18/bu |
| 2022-11 | $8.49/bu | $9.15/bu |
| 2022-12 | $8.03/bu | $8.97/bu |
| 2023-01 | $8.24/bu | $8.81/bu |
| 2023-02 | $8.12/bu | $8.54/bu |
| 2023-03 | $8.21/bu | $8.35/bu |
| 2023-04 | $7.23/bu | $8.31/bu |
| 2023-05 | $7.56/bu | $8.07/bu |
| 2023-06 | $7.31/bu | $7.67/bu |
| 2023-07 | $7.90/bu | $7.61/bu |
| 2023-08 | $7.56/bu | $7.34/bu |
| 2023-09 | $7.38/bu | $7.06/bu |
| 2023-10 | $7.11/bu | $6.96/bu |
| 2023-11 | $6.53/bu | $6.52/bu |
| 2023-12 | $7.15/bu | $6.79/bu |
| 2024-01 | $7.34/bu | $6.77/bu |
| 2024-02 | $6.12/bu | $6.34/bu |
| 2024-03 | $5.83/bu | $6.01/bu |
| 2024-04 | $5.95/bu | $5.90/bu |
| 2024-05 | $6.59/bu | $6.19/bu |
| 2024-06 | $6.40/bu | $5.86/bu |
| 2024-07 | $6.04/bu | $5.52/bu |
| 2024-08 | $5.53/bu | $5.23/bu |
| 2024-09 | $5.47/bu | $5.36/bu |
| 2024-10 | $5.54/bu | $5.47/bu |
| 2024-11 | $5.61/bu | $5.45/bu |
| 2024-12 | $5.50/bu | $5.49/bu |
| 2025-01 | $5.27/bu | $5.52/bu |
| 2025-02 | $5.89/bu | $5.59/bu |
| 2025-03 | $5.39/bu | $5.71/bu |
| 2025-04 | $5.67/bu | $5.61/bu |
| 2025-05 | $5.83/bu | $5.58/bu |
| 2025-06 | $5.58/bu | $5.28/bu |
| 2025-07 | $5.33/bu | $4.94/bu |
| 2025-08 | $5.30/bu | $4.84/bu |
| 2025-09 | $5.48/bu | $4.76/bu |
| 2025-10 | $5.26/bu | $4.73/bu |
| 2025-11 | $5.09/bu | $4.90/bu |
| 2025-12 | $5.65/bu | $5.03/bu |
| 2026-01 | $5.21/bu | $5.07/bu |
| 2026-02 | $5.60/bu | $5.15/bu |
| 2026-03 | $5.66/bu | $5.52/bu |
| 2026-04 | $6.06/bu | $5.70/bu |
| 2026-05 | $5.80/bu | $5.88/bu |
| 2026-06 | $5.71/bu | $5.70/bu |
| 2026-07 | $6.06/bu | $6.06/bu |
| 2026-08 | $6.00/bu | $6.23/bu |
How Idaho 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 Idaho Wheat farmers
Idaho's August 2026 wheat price came in at $6.00 per bushel, sitting $0.23 below the national average of $6.23 per bushel for the same month. That gap is largely a function of state-level basis conditions — transportation costs to export terminals and the competitive dynamics among local elevators — rather than any reflection of wheat quality coming out of Idaho fields. Looking beyond the monthly snapshot, this marketing year's average price stands at $5.45 per bushel, a preliminary figure that trails last year's finalized marketing-year average of $5.54 per bushel by $0.09. The modest year-over-year decline signals softening returns but not a dramatic shift in Idaho's wheat revenue picture.
When it comes to marketing and selling decisions, it matters a great deal which price figure you are working from. Locking in a forward contract based on a single monthly print like August's $6.00 can be tempting when prices tick above the recent trend, but monthly prices are noisy — Idaho's own recent range ran from $5.66 in March to $6.06 in both April and July before settling at $6.00 in August, a spread of forty cents in less than six months. For annual revenue planning and breakeven analysis, the marketing-year average is the correct anchor, because it smooths out that month-to-month volatility and more accurately reflects what a farm will net across a full harvest and sales cycle. Use the MYA's $5.45 figure when projecting income for lender conversations or crop insurance decisions, and reserve the monthly price as a tactical signal for timing individual contract bookings.
Revenue calculator
Estimate gross revenue for your Idaho Wheat farm at the current price
Estimate gross revenue at this month's price or the marketing-year-average.
Gross revenue only, not net income.
Frequently asked questions — Idaho Wheat price
Why is Idaho's Wheat price of $6.00/bushel lower than the US average of $6.23/bushel in August 2026?
Idaho's received price sits $0.23/bushel below the national average primarily due to basis, which reflects local supply-demand conditions, transportation costs to export terminals, and regional elevator margins. Idaho wheat must typically travel greater distances to Pacific Northwest ports or inland mills, and strong in-state production can pressure local bids relative to the national composite. Understanding this persistent basis discount helps Idaho producers evaluate whether to sell locally, store, or seek forward contracts that narrow the gap.
What is the difference between Idaho's August 2026 Wheat price of $6.00/bushel and the marketing-year-average price of $5.45/bushel?
The August 2026 figure of $6.00/bushel is the USDA-estimated monthly price received by Idaho farmers for that specific month, while the $5.45/bushel marketing-year-average (MYA) represents the weighted average price received across the entire June-May marketing year. The MYA is weighted by monthly sales volumes, so months when farmers move large quantities of grain have a greater influence on the final figure. If you are locking in forward sales, the MYA is the benchmark USDA uses for most crop insurance revenue calculations, making it the more relevant figure for annual income planning.
How frequently does USDA update Idaho Wheat price data, and when should I expect the next revision?
USDA's National Agricultural Statistics Service (NASS) releases monthly prices-received estimates, typically publishing each month's state-level data in the following month's Agricultural Prices report, released near the end of that month. Preliminary monthly estimates can be revised in subsequent releases as additional survey responses are incorporated. Idaho producers should track these monthly NASS releases and note that the final marketing-year-average is confirmed after the marketing year closes in May and all monthly data are reconciled.
How can I use Idaho's August 2026 Wheat price alongside my yield data to estimate gross revenue per acre?
Multiply your expected or actual yield in bushels per acre by the relevant price benchmark: for in-season cash flow projections, use the current monthly price of $6.00/bushel, and for full-season revenue estimates, apply the marketing-year-average of $5.45/bushel to account for price variability across your sales timeline. For example, a yield of 70 bu/acre at the $5.45 MYA projects roughly $381.50/acre in gross revenue before deducting storage, hauling, and other marketing costs. Comparing this gross revenue estimate against your cost of production helps determine whether current Idaho basis levels justify immediate sale or storing bushels in anticipation of seasonal price improvements.