Louisiana Soybeans Price — USDA NASS Monthly & MYA Data
Louisiana Soybeans price reached $12.00/bu in August 2026 — $0.10/bu below the US average of $12.10/bu. Monthly price received by producers, sourced directly from USDA NASS.
Soybeans monthly price trend
Louisiana vs the US average, last 24 months of USDA NASS data
| Month | Louisiana price | US average |
|---|---|---|
| 2020-01 | $9.00/bu | $8.84/bu |
| 2020-02 | $8.52/bu | $8.60/bu |
| 2020-05 | $8.65/bu | $8.28/bu |
| 2020-06 | $8.37/bu | $8.34/bu |
| 2020-07 | $8.56/bu | $8.50/bu |
| 2020-08 | $9.09/bu | $8.66/bu |
| 2020-09 | $9.71/bu | $9.24/bu |
| 2020-10 | $10.10/bu | $9.63/bu |
| 2020-11 | $10.40/bu | $10.30/bu |
| 2020-12 | $10.20/bu | $10.60/bu |
| 2021-01 | $10.50/bu | $10.90/bu |
| 2021-02 | $11.60/bu | $12.70/bu |
| 2021-03 | $10.40/bu | $13.20/bu |
| 2021-04 | $14.00/bu | $13.90/bu |
| 2021-05 | $9.86/bu | $14.80/bu |
| 2021-07 | $12.70/bu | $14.10/bu |
| 2021-08 | $12.50/bu | $13.70/bu |
| 2021-09 | $12.50/bu | $12.20/bu |
| 2021-10 | $12.20/bu | $11.90/bu |
| 2021-11 | $12.20/bu | $12.10/bu |
| 2021-12 | $12.70/bu | $12.50/bu |
| 2022-01 | $13.40/bu | $12.90/bu |
| 2022-02 | $14.80/bu | $14.70/bu |
| 2022-03 | $14.70/bu | $15.40/bu |
| 2022-04 | $15.80/bu | $15.80/bu |
| 2022-05 | $13.40/bu | $16.10/bu |
| 2022-07 | $13.70/bu | $15.50/bu |
| 2022-08 | $13.70/bu | $15.30/bu |
| 2022-09 | $13.10/bu | $14.20/bu |
| 2022-10 | $13.20/bu | $13.50/bu |
| 2022-11 | $14.10/bu | $14.00/bu |
| 2022-12 | $13.60/bu | $14.40/bu |
| 2023-01 | $14.00/bu | $14.50/bu |
| 2023-02 | $14.30/bu | $15.10/bu |
| 2023-03 | $14.80/bu | $14.90/bu |
| 2023-07 | $13.90/bu | $14.70/bu |
| 2023-08 | $13.90/bu | $14.10/bu |
| 2023-09 | $13.40/bu | $13.20/bu |
| 2023-10 | $13.30/bu | $12.70/bu |
| 2023-11 | $13.40/bu | $13.00/bu |
| 2023-12 | $13.30/bu | $13.10/bu |
| 2024-02 | $12.00/bu | $11.90/bu |
| 2024-03 | $12.30/bu | $11.80/bu |
| 2024-04 | $11.40/bu | $11.80/bu |
| 2024-06 | $12.50/bu | $11.80/bu |
| 2024-07 | $11.20/bu | $11.30/bu |
| 2024-08 | $10.40/bu | $10.30/bu |
| 2024-09 | $10.00/bu | $10.20/bu |
| 2024-10 | $10.10/bu | $9.91/bu |
| 2024-11 | $10.20/bu | $9.84/bu |
| 2025-01 | $10.40/bu | $10.00/bu |
| 2025-02 | $10.30/bu | $10.20/bu |
| 2025-04 | $10.60/bu | $10.20/bu |
| 2025-07 | $10.40/bu | $10.20/bu |
| 2025-08 | $10.40/bu | $10.00/bu |
| 2025-09 | $10.40/bu | $9.93/bu |
| 2025-10 | $10.40/bu | $9.69/bu |
| 2025-11 | $10.80/bu | $10.50/bu |
| 2025-12 | $10.60/bu | $10.30/bu |
| 2026-01 | $10.70/bu | $10.30/bu |
| 2026-02 | $11.00/bu | $10.60/bu |
| 2026-03 | $11.70/bu | $11.10/bu |
| 2026-04 | $11.10/bu | $11.20/bu |
| 2026-06 | $11.40/bu | $11.30/bu |
| 2026-07 | $11.90/bu | $11.60/bu |
| 2026-08 | $12.00/bu | $12.10/bu |
How Louisiana compares
Top Soybeans-producing states, August 2026 price
| State | Price | vs US avg |
|---|---|---|
| North Carolina | $12.4/bu | +2.5% |
| Ohio | $12.4/bu | +2.5% |
| Illinois | $12.2/bu | +0.8% |
| Missouri | $12.2/bu | +0.8% |
| Indiana | $12.1/bu | +0% |
| Iowa | $12.1/bu | +0% |
| Kansas | $12.1/bu | +0% |
| Nebraska | $12.1/bu | +0% |
What this price means for Louisiana Soybeans farmers
Louisiana soybeans averaged $12.00 per bushel in August 2026, sitting just $0.10 below the national average of $12.10 per bushel — a gap narrow enough that it reflects routine basis differences tied to local elevator competition and inland transportation costs to Gulf export terminals rather than any meaningful quality distinction from other producing states. Compared to the prior marketing year's finalized average of $10.20 per bushel, that August print looks notably stronger, but the current marketing-year average (MYA) of $10.00 per bushel tells a more measured story, running $0.20 below last year's final figure. That modest year-over-year decline in the MYA suggests the overall price environment for the 2025–26 marketing year has softened slightly even as late-season spot prices have firmed.
For marketing and selling decisions, the difference between acting on a single monthly print and planning off the MYA is consequential. Locking in a forward contract based on August's $12.00 reading can make sense if your cost of production supports it and you have unpriced bushels to move, but that number captures one month of a market that ranged from $11.00 in February to $12.00 in August — a $1.00 swing that illustrates how much volatility a single data point can mask. The MYA, currently at $10.00 per bushel, averages price across all months weighted by sales volume, making it the appropriate benchmark for projecting annual gross revenue, stress-testing loan repayment schedules, or comparing against your break-even cost. Use the monthly price to time sales and evaluate basis opportunities; use the MYA to budget.
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Frequently asked questions — Louisiana Soybeans price
Why is the Louisiana soybean price of $12/bushel lower than the US average of $12.1/bushel in August 2026?
The $0.10/bushel gap between Louisiana's price and the national average reflects the local basis, which accounts for regional factors such as transportation costs, Gulf export terminal logistics, and local elevator competition. While Louisiana's proximity to Gulf export facilities often supports competitive bids, seasonal demand shifts and local storage capacity can still push the state price below the national benchmark. Monitoring this basis trend over time helps farmers decide whether to sell locally or explore alternative marketing channels.
What is the difference between Louisiana's August 2026 soybean price of $12/bushel and the marketing-year-average price of $10/bushel?
The $12/bushel figure is the USDA-reported price received by Louisiana farmers for a single monthly snapshot in August 2026, while the $10/bushel marketing-year-average (MYA) represents the weighted average price across the full September-through-August marketing year. The MYA is the figure used to calculate crop insurance indemnities and federal program payments such as Price Loss Coverage, making it a critical benchmark distinct from any single month's price. A $2/bushel spread between a monthly price and the MYA can signal that late-season prices are significantly stronger than early-season sales, rewarding farmers who held inventory.
How frequently does USDA update Louisiana soybean price data, and when should I expect the next revision?
USDA's National Agricultural Statistics Service (NASS) publishes state-level soybean prices received monthly through its Agricultural Prices report, typically released near the end of each month for the prior period. Prices can be revised in subsequent releases as additional survey data from farmers is collected and reconciled. Farmers and agronomists should check the NASS release calendar and treat the most recently published figure as preliminary until the following month's report confirms or adjusts it.
How can I use Louisiana's $12/bushel August 2026 soybean price alongside yield data to estimate my gross revenue per acre?
To estimate gross revenue, multiply Louisiana's reported price of $12/bushel by your farm's expected or actual yield per acre; for example, a 50-bushel-per-acre yield would project $600 per acre in gross revenue at the current price. Using the marketing-year-average of $10/bushel instead provides a more conservative revenue estimate of $500 per acre, which is useful for break-even analysis and input cost planning. Comparing both figures against your cost of production helps identify whether forward contracting a portion of the crop at current prices above the MYA offers a meaningful risk management advantage.