Mississippi Soybeans Price — USDA NASS Monthly & MYA Data
Mississippi Soybeans price reached $11.80/bu in August 2026 — $0.30/bu below the US average of $12.10/bu. Monthly price received by producers, sourced directly from USDA NASS.
Soybeans monthly price trend
Mississippi vs the US average, last 24 months of USDA NASS data
| Month | Mississippi price | US average |
|---|---|---|
| 2020-01 | $9.05/bu | $8.84/bu |
| 2020-02 | $8.69/bu | $8.60/bu |
| 2020-04 | $8.34/bu | $8.35/bu |
| 2020-05 | $8.11/bu | $8.28/bu |
| 2020-06 | $8.39/bu | $8.34/bu |
| 2020-07 | $8.73/bu | $8.50/bu |
| 2020-08 | $8.89/bu | $8.66/bu |
| 2020-09 | $9.46/bu | $9.24/bu |
| 2020-10 | $9.79/bu | $9.63/bu |
| 2020-11 | $10.00/bu | $10.30/bu |
| 2020-12 | $10.10/bu | $10.60/bu |
| 2021-01 | $10.80/bu | $10.90/bu |
| 2021-02 | $12.40/bu | $12.70/bu |
| 2021-03 | $12.90/bu | $13.20/bu |
| 2021-04 | $13.50/bu | $13.90/bu |
| 2021-05 | $15.50/bu | $14.80/bu |
| 2021-08 | $12.30/bu | $13.70/bu |
| 2021-09 | $12.10/bu | $12.20/bu |
| 2021-10 | $12.00/bu | $11.90/bu |
| 2021-11 | $11.90/bu | $12.10/bu |
| 2021-12 | $12.40/bu | $12.50/bu |
| 2022-01 | $12.30/bu | $12.90/bu |
| 2022-02 | $14.70/bu | $14.70/bu |
| 2022-03 | $13.20/bu | $15.40/bu |
| 2022-04 | $14.30/bu | $15.80/bu |
| 2022-05 | $15.50/bu | $16.10/bu |
| 2022-06 | $15.70/bu | $16.40/bu |
| 2022-07 | $13.00/bu | $15.50/bu |
| 2022-08 | $15.00/bu | $15.30/bu |
| 2022-12 | $14.00/bu | $14.40/bu |
| 2023-03 | $15.00/bu | $14.90/bu |
| 2023-04 | $14.90/bu | $14.90/bu |
| 2023-07 | $14.20/bu | $14.70/bu |
| 2023-08 | $13.90/bu | $14.10/bu |
| 2023-09 | $13.30/bu | $13.20/bu |
| 2023-10 | $13.30/bu | $12.70/bu |
| 2023-11 | $13.60/bu | $13.00/bu |
| 2023-12 | $13.60/bu | $13.10/bu |
| 2024-01 | $12.90/bu | $12.80/bu |
| 2024-02 | $12.00/bu | $11.90/bu |
| 2024-03 | $11.80/bu | $11.80/bu |
| 2024-04 | $11.60/bu | $11.80/bu |
| 2024-05 | $12.00/bu | $11.90/bu |
| 2024-06 | $11.10/bu | $11.80/bu |
| 2024-09 | $10.20/bu | $10.20/bu |
| 2024-10 | $10.30/bu | $9.91/bu |
| 2024-11 | $10.10/bu | $9.84/bu |
| 2024-12 | $10.10/bu | $9.79/bu |
| 2025-01 | $10.20/bu | $10.00/bu |
| 2025-02 | $10.20/bu | $10.20/bu |
| 2025-03 | $10.20/bu | $10.20/bu |
| 2025-04 | $10.20/bu | $10.20/bu |
| 2025-06 | $10.30/bu | $10.40/bu |
| 2025-08 | $10.10/bu | $10.00/bu |
| 2025-10 | $10.10/bu | $9.69/bu |
| 2025-11 | $10.80/bu | $10.50/bu |
| 2026-01 | $10.70/bu | $10.30/bu |
| 2026-02 | $11.10/bu | $10.60/bu |
| 2026-04 | $11.30/bu | $11.20/bu |
| 2026-07 | $11.10/bu | $11.60/bu |
| 2026-08 | $11.80/bu | $12.10/bu |
How Mississippi 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 Mississippi Soybeans farmers
Mississippi soybeans fetched $11.80 per bushel in August 2026, sitting $0.30 below the national average of $12.10 for the same month. That gap is typical of state-level basis differences driven largely by local elevator competition, inland freight costs to Gulf export terminals, and rail capacity constraints — factors that reflect logistics geography rather than any shortcoming in Mississippi production quality. Looking further back, the current marketing-year average for Mississippi stands at $10.70 per bushel, which represents a $0.60 improvement over last year's finalized MYA of $10.10. That upward year-over-year shift signals a modestly stronger price environment heading into the new crop year, even if the current MYA figure remains preliminary.
When it comes to marketing decisions, the August monthly price of $11.80 can be a useful reference for evaluating whether a forward contract or basis agreement offered right now is competitive, but it should not anchor your annual revenue projections. Monthly prints fluctuate — Mississippi prices moved from $10.70 in January up to $11.80 by August, a swing of more than a dollar in under a year — meaning any single month can overstate or understate what you will actually average across all sales. The marketing-year average, currently tracking at $10.70, is the number that reflects the blended return across the full marketing window and is the correct figure to plug into your farm budget and cash-flow models. Locking in forward contracts when the monthly price is elevated relative to the MYA trend is a sound strategy, but long-run planning built on a peak monthly price rather than the MYA risks leaving you short on operating capital if prices retreat before you move your full volume.
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Frequently asked questions — Mississippi Soybeans price
Why is the Mississippi soybean price of $11.8/bushel lower than the US average of $12.1/bushel in August 2026?
Mississippi soybeans trade at a $0.30/bushel discount to the national average primarily due to basis, which reflects local supply-and-demand conditions, transportation costs to Gulf export terminals, and regional elevator margins. Even though Mississippi has strong export access via the Mississippi River corridor, seasonal harvest pressure and local storage capacity can widen that basis gap. Farmers can use this state-level price alongside local elevator bids to benchmark whether their on-farm storage or forward contracts are competitive.
What is the difference between Mississippi's August 2026 soybean price of $11.8/bushel and the marketing-year-average (MYA) price of $10.7/bushel?
The August 2026 monthly price of $11.8/bushel represents a single-month USDA survey estimate of what Mississippi farmers received for soybeans sold that month, while the MYA price of $10.7/bushel is a weighted average across all months of the full marketing year based on the volume sold each month. The $1.10/bushel gap indicates that late-season sales in August captured a price premium over the full-year average, reinforcing the value of strategic timing when scheduling grain sales or evaluating crop insurance revenue guarantees.
How frequently does USDA update Mississippi soybean price data, and how current is the August 2026 figure?
USDA's National Agricultural Statistics Service (NASS) publishes state-level crop prices monthly through its Agricultural Prices report, typically released on the last business day of the following month. The August 2026 Mississippi soybean price of $11.8/bushel would therefore be published around the end of September 2026, making it a one-month lag indicator. Farmers and agronomists should combine this published figure with real-time cash bids from local elevators for the most actionable marketing decisions.
How can I use Mississippi's $11.8/bushel soybean price alongside yield data to estimate per-acre revenue?
To estimate gross revenue per acre, multiply your expected or actual yield in bushels per acre by the $11.8/bushel Mississippi price; for example, a 50 bu/acre yield would project $590/acre in gross receipts. Comparing this to the MYA price of $10.7/bushel—which would yield only $535/acre at the same yield—illustrates the revenue impact of selling timing decisions across the marketing year. Agronomists can layer in production costs per acre against these revenue estimates to assess net margins and inform whether forward contracting or post-harvest storage aligns with profitability targets.