Missouri Soybeans Price — USDA NASS Monthly & MYA Data
Missouri Soybeans price reached $12.20/bu in August 2026 — about $0.10/bu above the US average of $12.10/bu. Monthly price received by producers, sourced directly from USDA NASS.
Soybeans monthly price trend
Missouri vs the US average, last 24 months of USDA NASS data
| Month | Missouri price | US average |
|---|---|---|
| 2020-01 | $8.93/bu | $8.84/bu |
| 2020-02 | $8.87/bu | $8.60/bu |
| 2020-03 | $8.78/bu | $8.47/bu |
| 2020-04 | $8.49/bu | $8.35/bu |
| 2020-05 | $8.42/bu | $8.28/bu |
| 2020-06 | $8.64/bu | $8.34/bu |
| 2020-07 | $8.79/bu | $8.50/bu |
| 2020-08 | $8.88/bu | $8.66/bu |
| 2020-09 | $9.37/bu | $9.24/bu |
| 2020-10 | $9.71/bu | $9.63/bu |
| 2020-11 | $10.30/bu | $10.30/bu |
| 2020-12 | $10.60/bu | $10.60/bu |
| 2021-01 | $10.80/bu | $10.90/bu |
| 2021-02 | $12.80/bu | $12.70/bu |
| 2021-03 | $13.10/bu | $13.20/bu |
| 2021-04 | $14.20/bu | $13.90/bu |
| 2021-05 | $15.10/bu | $14.80/bu |
| 2021-06 | $14.30/bu | $14.50/bu |
| 2021-07 | $14.20/bu | $14.10/bu |
| 2021-08 | $13.80/bu | $13.70/bu |
| 2021-09 | $12.70/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 | $13.20/bu | $12.90/bu |
| 2022-02 | $14.80/bu | $14.70/bu |
| 2022-03 | $15.70/bu | $15.40/bu |
| 2022-04 | $16.20/bu | $15.80/bu |
| 2022-05 | $16.80/bu | $16.10/bu |
| 2022-06 | $17.00/bu | $16.40/bu |
| 2022-07 | $16.00/bu | $15.50/bu |
| 2022-08 | $15.60/bu | $15.30/bu |
| 2022-09 | $14.40/bu | $14.20/bu |
| 2022-10 | $13.70/bu | $13.50/bu |
| 2022-11 | $13.60/bu | $14.00/bu |
| 2022-12 | $14.70/bu | $14.40/bu |
| 2023-01 | $14.90/bu | $14.50/bu |
| 2023-02 | $15.30/bu | $15.10/bu |
| 2023-03 | $15.20/bu | $14.90/bu |
| 2023-04 | $15.00/bu | $14.90/bu |
| 2023-05 | $14.60/bu | $14.40/bu |
| 2023-06 | $14.30/bu | $14.20/bu |
| 2023-07 | $14.80/bu | $14.70/bu |
| 2023-08 | $14.20/bu | $14.10/bu |
| 2023-09 | $13.40/bu | $13.20/bu |
| 2023-10 | $12.80/bu | $12.70/bu |
| 2023-11 | $13.10/bu | $13.00/bu |
| 2023-12 | $13.10/bu | $13.10/bu |
| 2024-01 | $12.90/bu | $12.80/bu |
| 2024-02 | $11.90/bu | $11.90/bu |
| 2024-03 | $11.80/bu | $11.80/bu |
| 2024-04 | $11.70/bu | $11.80/bu |
| 2024-05 | $12.00/bu | $11.90/bu |
| 2024-06 | $11.80/bu | $11.80/bu |
| 2024-07 | $11.30/bu | $11.30/bu |
| 2024-08 | $10.20/bu | $10.30/bu |
| 2024-09 | $10.20/bu | $10.20/bu |
| 2024-10 | $9.93/bu | $9.91/bu |
| 2024-11 | $9.81/bu | $9.84/bu |
| 2024-12 | $9.82/bu | $9.79/bu |
| 2025-01 | $10.10/bu | $10.00/bu |
| 2025-02 | $10.30/bu | $10.20/bu |
| 2025-03 | $10.20/bu | $10.20/bu |
| 2025-04 | $10.30/bu | $10.20/bu |
| 2025-05 | $10.60/bu | $10.40/bu |
| 2025-06 | $10.50/bu | $10.40/bu |
| 2025-07 | $10.40/bu | $10.20/bu |
| 2025-08 | $10.10/bu | $10.00/bu |
| 2025-09 | $9.96/bu | $9.93/bu |
| 2025-10 | $9.91/bu | $9.69/bu |
| 2025-11 | $10.50/bu | $10.50/bu |
| 2025-12 | $10.50/bu | $10.30/bu |
| 2026-01 | $10.50/bu | $10.30/bu |
| 2026-02 | $10.80/bu | $10.60/bu |
| 2026-03 | $11.20/bu | $11.10/bu |
| 2026-04 | $11.40/bu | $11.20/bu |
| 2026-05 | $11.80/bu | $11.60/bu |
| 2026-06 | $11.60/bu | $11.30/bu |
| 2026-07 | $11.80/bu | $11.60/bu |
| 2026-08 | $12.20/bu | $12.10/bu |
How Missouri 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 Missouri Soybeans farmers
Missouri soybeans averaged $12.2 per bushel in August 2026, sitting just a dime above the national average of $12.1 per bushel — a gap that reflects local basis conditions such as transportation costs and elevator competition rather than any meaningful difference in crop quality. That August print represents a noticeable climb from the $11.2 recorded back in March, with prices trending upward across every month of the spring and summer window. More telling for the broader operation is the current marketing-year-average of $10.7 per bushel, which is up $0.60 from last year's finalized MYA of $10.1 and signals a meaningfully improved price environment for the 2025–26 crop year, though that figure should still be treated as preliminary until the marketing year closes.
For marketing and selling decisions, the distinction between the August monthly price and the MYA matters considerably. A producer tempted to lock in a forward contract based on the $12.2 August print is working off a single data point that reflects late-summer harvest-period dynamics and may not hold through the remainder of the marketing year. The MYA, by contrast, smooths out those month-to-month swings and represents what a bushel realistically returned across the full year, making it the appropriate benchmark for annual revenue projections, loan repayment planning, and input cost recovery analysis. Treat any strong monthly price as an opportunity to evaluate forward contracting or hedge-to-arrive tools, but always anchor your whole-farm revenue budget to the MYA rather than to what the elevator board reads on any given morning.
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Frequently asked questions — Missouri Soybeans price
Why is the Missouri soybean price of $12.2/bushel higher than the US average of $12.1/bushel in August 2026?
Missouri's $0.10/bushel premium over the US average of $12.1/bushel reflects the state's local basis conditions, which are influenced by proximity to major river terminals along the Mississippi and Missouri rivers, local crush capacity, and regional supply-demand dynamics. Basis can shift month to month based on transportation costs, export demand at Gulf ports, and local elevator competition. Monitoring this state-versus-national spread helps Missouri soybean producers evaluate whether to sell locally or explore alternative marketing channels.
What is the difference between Missouri's August 2026 soybean price of $12.2/bushel and the marketing-year-average (MYA) price of $10.7/bushel?
The $12.2/bushel figure represents the USDA-reported average price received by Missouri farmers specifically during August 2026, while the $10.7/bushel marketing-year-average reflects the season-long weighted average price across all months of the marketing year, weighted by the volume of soybeans sold each month. The $1.50/bushel gap between them indicates that late-season or peak-harvest-period prices were lower, pulling the annual average down. Producers using only the MYA for benchmarking should recognize that strategic timing of sales earlier in the marketing year could have captured prices significantly above the seasonal average.
How frequently does USDA update Missouri soybean price data, and how current is the August 2026 figure?
USDA's National Agricultural Statistics Service (NASS) releases state-level crop prices monthly through its Agricultural Prices report, typically published near the end of the following month, meaning the August 2026 figure reflects prices received by Missouri farmers throughout that calendar month. The marketing-year-average is finalized after the full marketing year concludes and all monthly data are weighted by sales volume. Producers and agronomists should check for revisions, as USDA occasionally updates preliminary estimates in subsequent releases.
How can I use Missouri's soybean price of $12.2/bushel alongside yield data to estimate per-acre revenue for my operation?
To estimate gross revenue per acre, multiply your farm's actual or expected soybean yield in bushels per acre by the $12.2/bushel Missouri average price; for example, a 50 bu/acre yield would project $610/acre in gross revenue. Comparing this figure against your cost of production per acre gives a quick profitability snapshot and can inform decisions about forward contracting or storage timing. For a more conservative full-season revenue estimate, using the $10.7/bushel marketing-year-average instead accounts for the likelihood that not all bushels will be sold at peak monthly prices.