Indiana Corn Price — USDA NASS Monthly & MYA Data
Indiana Corn price reached $4.86/bu in August 2026 — about $0.41/bu above the US average of $4.45/bu. Monthly price received by producers, sourced directly from USDA NASS.
Corn monthly price trend
Indiana vs the US average, last 24 months of USDA NASS data
| Month | Indiana price | US average |
|---|---|---|
| 2020-01 | $4.10/bu | $3.79/bu |
| 2020-02 | $4.04/bu | $3.78/bu |
| 2020-03 | $4.03/bu | $3.68/bu |
| 2020-04 | $3.61/bu | $3.29/bu |
| 2020-05 | $3.43/bu | $3.20/bu |
| 2020-06 | $3.41/bu | $3.16/bu |
| 2020-07 | $3.51/bu | $3.21/bu |
| 2020-08 | $3.48/bu | $3.12/bu |
| 2020-09 | $3.77/bu | $3.41/bu |
| 2020-10 | $3.73/bu | $3.61/bu |
| 2020-11 | $3.82/bu | $3.79/bu |
| 2020-12 | $4.06/bu | $3.97/bu |
| 2021-01 | $4.32/bu | $4.24/bu |
| 2021-02 | $4.74/bu | $4.75/bu |
| 2021-03 | $4.95/bu | $4.89/bu |
| 2021-04 | $5.39/bu | $5.31/bu |
| 2021-05 | $5.87/bu | $5.91/bu |
| 2021-06 | $6.32/bu | $6.00/bu |
| 2021-07 | $6.22/bu | $6.12/bu |
| 2021-08 | $6.39/bu | $6.32/bu |
| 2021-09 | $5.32/bu | $5.47/bu |
| 2021-10 | $4.97/bu | $5.02/bu |
| 2021-11 | $5.37/bu | $5.26/bu |
| 2021-12 | $5.58/bu | $5.47/bu |
| 2022-01 | $5.59/bu | $5.58/bu |
| 2022-02 | $6.14/bu | $6.09/bu |
| 2022-03 | $6.59/bu | $6.56/bu |
| 2022-04 | $7.07/bu | $7.07/bu |
| 2022-05 | $7.03/bu | $7.26/bu |
| 2022-06 | $7.47/bu | $7.38/bu |
| 2022-07 | $7.14/bu | $7.25/bu |
| 2022-08 | $7.30/bu | $7.24/bu |
| 2022-09 | $7.05/bu | $7.09/bu |
| 2022-10 | $6.46/bu | $6.49/bu |
| 2022-11 | $6.41/bu | $6.49/bu |
| 2022-12 | $6.58/bu | $6.58/bu |
| 2023-01 | $6.50/bu | $6.63/bu |
| 2023-02 | $6.69/bu | $6.80/bu |
| 2023-03 | $6.57/bu | $6.67/bu |
| 2023-04 | $6.63/bu | $6.70/bu |
| 2023-05 | $6.49/bu | $6.54/bu |
| 2023-06 | $6.54/bu | $6.49/bu |
| 2023-07 | $6.14/bu | $6.22/bu |
| 2023-08 | $5.79/bu | $5.73/bu |
| 2023-09 | $5.36/bu | $5.21/bu |
| 2023-10 | $4.85/bu | $4.93/bu |
| 2023-11 | $4.52/bu | $4.66/bu |
| 2023-12 | $4.74/bu | $4.80/bu |
| 2024-01 | $4.74/bu | $4.74/bu |
| 2024-02 | $4.57/bu | $4.36/bu |
| 2024-03 | $4.46/bu | $4.36/bu |
| 2024-04 | $4.42/bu | $4.39/bu |
| 2024-05 | $4.60/bu | $4.51/bu |
| 2024-06 | $4.42/bu | $4.48/bu |
| 2024-07 | $4.18/bu | $4.23/bu |
| 2024-08 | $3.71/bu | $3.84/bu |
| 2024-09 | $3.86/bu | $3.97/bu |
| 2024-10 | $3.96/bu | $3.99/bu |
| 2024-11 | $4.01/bu | $4.07/bu |
| 2024-12 | $4.32/bu | $4.23/bu |
| 2025-01 | $4.32/bu | $4.29/bu |
| 2025-02 | $4.66/bu | $4.58/bu |
| 2025-03 | $4.77/bu | $4.57/bu |
| 2025-04 | $4.76/bu | $4.62/bu |
| 2025-05 | $4.79/bu | $4.64/bu |
| 2025-06 | $4.64/bu | $4.47/bu |
| 2025-07 | $4.52/bu | $4.29/bu |
| 2025-08 | $4.16/bu | $3.96/bu |
| 2025-09 | $4.14/bu | $4.00/bu |
| 2025-10 | $4.08/bu | $3.93/bu |
| 2025-11 | $4.17/bu | $3.98/bu |
| 2025-12 | $4.37/bu | $4.10/bu |
| 2026-01 | $4.38/bu | $4.12/bu |
| 2026-02 | $4.38/bu | $4.12/bu |
| 2026-03 | $4.56/bu | $4.27/bu |
| 2026-04 | $4.64/bu | $4.31/bu |
| 2026-05 | $4.84/bu | $4.48/bu |
| 2026-06 | $4.66/bu | $4.28/bu |
| 2026-07 | $4.68/bu | $4.26/bu |
| 2026-08 | $4.86/bu | $4.45/bu |
How Indiana 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 Indiana Corn farmers
Indiana corn prices reached $4.86 per bushel in August 2026, sitting $0.41 above the national average of $4.45 per bushel for the same period. That premium over the US figure reflects local basis conditions — primarily transportation logistics, regional elevator competition, and proximity to end users — rather than any difference in crop quality relative to other states. Looking at the broader marketing-year-average, Indiana's current MYA of $4.30 per bushel runs just $0.02 below last year's finalized MYA of $4.32, a negligible year-over-year decline that suggests the price environment for Indiana corn growers has remained broadly stable across the two marketing years.
When it comes to marketing and selling decisions, the August monthly print of $4.86 can be a useful reference point if you are actively evaluating a forward contract right now, since that figure reflects what the market is willing to pay at this specific moment. However, locking in a contract purely because a single month looks strong can expose you to basis risk and timing mismatches if your actual delivery window falls in a weaker month — the recent range from $4.56 in March to $4.86 in August illustrates how much monthly prices can move within a single year. For annual revenue planning and farm-level budgeting, the marketing-year-average of $4.30 per bushel is the appropriate anchor, because it smooths out those monthly fluctuations and gives you a realistic picture of what your corn crop is likely to average across all sales throughout the marketing year. Treating any single monthly price as a proxy for full-season revenue can lead to overstated income projections and misaligned input cost decisions.
Revenue calculator
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Frequently asked questions — Indiana Corn price
Why is the Indiana corn price of $4.86/bushel higher than the US average of $4.45/bushel in August 2026?
Indiana's corn price sits $0.41/bushel above the national average primarily due to local basis conditions, which reflect regional supply-demand dynamics, proximity to ethanol plants and livestock feeders, and local transportation and storage costs. Strong in-state demand from Indiana's significant ethanol processing and hog-feeding sectors typically supports a positive basis relative to the national benchmark. Farmers should track this basis differential when comparing local elevator bids to CBOT futures to identify favorable selling windows.
What is the difference between Indiana's August 2026 corn price of $4.86/bushel and its marketing-year-average (MYA) price of $4.30/bushel?
The August 2026 monthly price of $4.86/bushel represents a single-month USDA-reported average of prices received by Indiana farmers during that specific month, while the marketing-year-average (MYA) of $4.30/bushel reflects the weighted average price across the entire September-to-August crop marketing year. The $0.56/bushel gap indicates that August prices are running well above the season-long average, which is important context when evaluating whether late-season or forward sales captured above-average returns. The MYA is the figure used by USDA to calculate crop insurance revenue benchmarks and farm program payments such as PLC.
How frequently does USDA update Indiana corn price data, and when should I expect the next revision?
USDA's National Agricultural Statistics Service (NASS) publishes monthly prices-received data for Indiana corn through its Agricultural Prices report, released on the last business day of each month covering the prior month's activity. Seasonal revisions can occur, and a final marketing-year average is confirmed after the August report closes out the crop year. Farmers and agronomists should check the NASS release calendar to time marketing decisions around fresh data rather than relying on figures that may be one to two months old.
How can I use Indiana's corn price of $4.86/bushel alongside county yield data to estimate gross revenue per acre?
Multiply your expected or final harvested yield (in bushels per acre) by the Indiana corn price to estimate gross revenue; for example, a yield of 190 bu/acre at $4.86/bushel projects to roughly $923/acre before any basis adjustments or contract premiums. For a more conservative full-season estimate, use the MYA price of $4.30/bushel, which would put the same 190 bu/acre yield at approximately $817/acre, better reflecting blended returns across multiple sales. Comparing both figures helps agronomists and farmers stress-test cash flow projections and evaluate whether on-farm storage to capture the higher monthly price meaningfully improves profitability after storage costs.