Missouri Wheat Price — USDA NASS Monthly & MYA Data
Missouri Wheat price reached $6.40/bu in August 2026 — about $0.17/bu above the US average of $6.23/bu. Monthly price received by producers, sourced directly from USDA NASS.
Wheat monthly price trend
Missouri vs the US average, last 24 months of USDA NASS data
| Month | Missouri price | US average |
|---|---|---|
| 2020-01 | $5.39/bu | $4.88/bu |
| 2020-02 | $5.82/bu | $4.88/bu |
| 2020-03 | $5.66/bu | $4.86/bu |
| 2020-04 | $5.97/bu | $4.85/bu |
| 2020-05 | $5.86/bu | $4.76/bu |
| 2020-06 | $5.19/bu | $4.57/bu |
| 2020-07 | $5.15/bu | $4.54/bu |
| 2020-08 | $5.27/bu | $4.54/bu |
| 2020-09 | $5.24/bu | $4.73/bu |
| 2020-10 | $5.76/bu | $4.98/bu |
| 2020-11 | $6.57/bu | $5.24/bu |
| 2020-12 | $6.90/bu | $5.46/bu |
| 2021-01 | $6.30/bu | $5.48/bu |
| 2021-02 | $7.08/bu | $5.83/bu |
| 2021-03 | $7.09/bu | $5.86/bu |
| 2021-04 | $6.90/bu | $6.04/bu |
| 2021-05 | $7.62/bu | $6.46/bu |
| 2021-06 | $6.54/bu | $6.23/bu |
| 2021-07 | $5.89/bu | $6.26/bu |
| 2021-08 | $6.50/bu | $7.14/bu |
| 2021-09 | $6.33/bu | $7.75/bu |
| 2021-10 | $6.83/bu | $7.92/bu |
| 2021-11 | $7.29/bu | $8.52/bu |
| 2021-12 | $7.90/bu | $8.59/bu |
| 2022-01 | $7.52/bu | $8.48/bu |
| 2022-02 | $7.97/bu | $9.16/bu |
| 2022-03 | $9.22/bu | $9.93/bu |
| 2022-04 | $10.10/bu | $10.20/bu |
| 2022-05 | $10.60/bu | $10.90/bu |
| 2022-06 | $9.01/bu | $9.61/bu |
| 2022-07 | $8.54/bu | $8.69/bu |
| 2022-08 | $8.06/bu | $8.55/bu |
| 2022-09 | $8.17/bu | $8.78/bu |
| 2022-10 | $8.76/bu | $9.18/bu |
| 2022-11 | $8.40/bu | $9.15/bu |
| 2022-12 | $7.97/bu | $8.97/bu |
| 2023-01 | $8.20/bu | $8.81/bu |
| 2023-02 | $8.44/bu | $8.54/bu |
| 2023-03 | $8.07/bu | $8.35/bu |
| 2023-04 | $7.19/bu | $8.31/bu |
| 2023-05 | $7.33/bu | $8.07/bu |
| 2023-06 | $7.02/bu | $7.67/bu |
| 2023-07 | $6.90/bu | $7.61/bu |
| 2023-08 | $6.71/bu | $7.34/bu |
| 2023-09 | $5.94/bu | $7.06/bu |
| 2023-10 | $6.63/bu | $6.96/bu |
| 2023-11 | $6.15/bu | $6.52/bu |
| 2023-12 | $6.44/bu | $6.79/bu |
| 2024-01 | $6.47/bu | $6.77/bu |
| 2024-02 | $6.42/bu | $6.34/bu |
| 2024-03 | $6.43/bu | $6.01/bu |
| 2024-04 | $5.84/bu | $5.90/bu |
| 2024-05 | $6.18/bu | $6.19/bu |
| 2024-06 | $5.72/bu | $5.86/bu |
| 2024-07 | $5.44/bu | $5.52/bu |
| 2024-08 | $5.57/bu | $5.23/bu |
| 2024-09 | $5.43/bu | $5.36/bu |
| 2024-10 | $5.74/bu | $5.47/bu |
| 2024-11 | $5.79/bu | $5.45/bu |
| 2024-12 | $5.59/bu | $5.49/bu |
| 2025-01 | $5.96/bu | $5.52/bu |
| 2025-02 | $5.96/bu | $5.59/bu |
| 2025-03 | $5.92/bu | $5.71/bu |
| 2025-04 | $5.56/bu | $5.61/bu |
| 2025-05 | $5.31/bu | $5.58/bu |
| 2025-06 | $5.30/bu | $5.28/bu |
| 2025-07 | $5.27/bu | $4.94/bu |
| 2025-08 | $5.06/bu | $4.84/bu |
| 2025-09 | $4.86/bu | $4.76/bu |
| 2025-10 | $5.30/bu | $4.73/bu |
| 2025-11 | $4.99/bu | $4.90/bu |
| 2025-12 | $5.26/bu | $5.03/bu |
| 2026-01 | $5.63/bu | $5.07/bu |
| 2026-02 | $5.47/bu | $5.15/bu |
| 2026-03 | $5.73/bu | $5.52/bu |
| 2026-04 | $5.88/bu | $5.70/bu |
| 2026-05 | $6.04/bu | $5.88/bu |
| 2026-06 | $5.78/bu | $5.70/bu |
| 2026-07 | $5.86/bu | $6.06/bu |
| 2026-08 | $6.40/bu | $6.23/bu |
How Missouri 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 Missouri Wheat farmers
Missouri wheat fetched $6.40 per bushel in August 2026, sitting $0.17 above the national average of $6.23 per bushel for the same month. That premium over the US figure is a modest one, and growers should understand that state-level gaps to the national average are driven primarily by local basis factors — transportation costs, elevator density, and regional competition among buyers — rather than any meaningful difference in crop quality. Looking beyond the single-month snapshot, Missouri's current marketing-year-average price stands at $5.31 per bushel, down $0.33 from last year's finalized MYA of $5.64, a decline that reflects the broader softening in wheat markets and deserves attention when farmers are evaluating the profitability of this season's crop.
The August monthly print of $6.40 per bushel may look attractive, but growers and their agronomists should be careful about using a single month's price as the basis for forward-contract decisions without accounting for where the market has traded across the full marketing year. The six-month range from March through August — running from $5.73 up to this month's $6.40 — illustrates how much variability a producer can face, and locking in a contract based solely on a favorable monthly spike can create misleading revenue expectations if prices retreat. For annual revenue planning and break-even analysis, the marketing-year-average of $5.31 per bushel is the appropriate benchmark, precisely because it smooths out month-to-month swings and reflects the blended price environment a farmer actually sells into over the course of the year. Note that the current MYA figure is still preliminary and may be revised, so producers should revisit their budgets as final numbers are published.
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Frequently asked questions — Missouri Wheat price
Why is Missouri's August 2026 wheat price $0.17 per bushel higher than the US average?
Missouri's reported price of $6.40 per bushel exceeds the national average of $6.23 per bushel due to local basis conditions, which reflect regional supply and demand dynamics, transportation costs to nearby elevators and terminals, and local elevator competition. A positive basis like this typically indicates strong regional demand or favorable logistics compared to benchmark futures prices. Missouri farmers can use this premium as a signal that local marketing channels may be more advantageous than shipping to more distant markets.
What is the difference between Missouri's August 2026 wheat price of $6.40 per bushel and the marketing-year-average price of $5.31 per bushel?
The August 2026 monthly price of $6.40 per bushel is a snapshot of what Missouri wheat was bringing at that specific point in time, while the marketing-year-average (MYA) price of $5.31 per bushel represents the weighted average price received by farmers across the entire marketing year. The $1.09 per bushel gap highlights how prices can vary significantly throughout the season, underscoring the value of strategic timing in wheat sales. Farmers using crop revenue tools or comparing against loan rates should use the MYA price, as it is the figure USDA uses for programs like ARC-CO calculations.
How frequently does USDA update Missouri wheat price data, and how current is the $6.40 per bushel figure?
USDA's National Agricultural Statistics Service (NASS) releases state-level crop prices monthly as part of the Agricultural Prices report, typically published near the end of the following month. The August 2026 figure of $6.40 per bushel reflects prices reported by Missouri farmers and grain buyers during that calendar month. Agronomists and producers should check for revisions in subsequent NASS releases, as monthly estimates can be adjusted as more survey data is collected.
How can I use Missouri's August 2026 wheat price of $6.40 per bushel alongside yield data to estimate gross revenue per acre?
To estimate gross revenue, multiply Missouri's reported price of $6.40 per bushel by your farm's expected or actual yield per acre; for example, a yield of 55 bushels per acre would generate an estimated $352 per acre in gross revenue. For a full-season revenue projection, it is more accurate to use the marketing-year-average price of $5.31 per bushel, since most farms sell wheat across multiple months rather than all at once in August. Pairing these price figures with county-level or farm-level yield records allows producers to benchmark performance against local averages and refine forward-contracting or hedging strategies.