North Carolina Soybeans price reached $12.40/bu in August 2026 — about $0.30/bu above the US average of $12.10/bu. Monthly price received by producers, sourced directly from USDA NASS.
Soybeans monthly price trend
North Carolina vs the US average, last 24 months of USDA NASS data
| Month | North Carolina price | US average |
|---|---|---|
| 2020-01 | $8.95/bu | $8.84/bu |
| 2020-02 | $8.95/bu | $8.60/bu |
| 2020-03 | $8.75/bu | $8.47/bu |
| 2020-04 | $8.51/bu | $8.35/bu |
| 2020-05 | $8.29/bu | $8.28/bu |
| 2020-06 | $8.77/bu | $8.34/bu |
| 2020-07 | $9.02/bu | $8.50/bu |
| 2020-08 | $9.18/bu | $8.66/bu |
| 2020-09 | $9.65/bu | $9.24/bu |
| 2020-10 | $9.80/bu | $9.63/bu |
| 2020-11 | $10.30/bu | $10.30/bu |
| 2020-12 | $11.10/bu | $10.60/bu |
| 2021-01 | $11.80/bu | $10.90/bu |
| 2021-02 | $13.10/bu | $12.70/bu |
| 2021-03 | $13.60/bu | $13.20/bu |
| 2021-04 | $13.50/bu | $13.90/bu |
| 2021-05 | $14.80/bu | $14.80/bu |
| 2021-06 | $14.40/bu | $14.50/bu |
| 2021-07 | $14.70/bu | $14.10/bu |
| 2021-08 | $14.90/bu | $13.70/bu |
| 2021-09 | $12.80/bu | $12.20/bu |
| 2021-10 | $12.50/bu | $11.90/bu |
| 2021-11 | $12.50/bu | $12.10/bu |
| 2021-12 | $12.80/bu | $12.50/bu |
| 2022-01 | $13.30/bu | $12.90/bu |
| 2022-02 | $14.60/bu | $14.70/bu |
| 2022-03 | $15.50/bu | $15.40/bu |
| 2022-04 | $15.90/bu | $15.80/bu |
| 2022-05 | $16.10/bu | $16.10/bu |
| 2022-06 | $17.00/bu | $16.40/bu |
| 2022-07 | $15.90/bu | $15.50/bu |
| 2022-08 | $15.70/bu | $15.30/bu |
| 2022-09 | $14.20/bu | $14.20/bu |
| 2022-10 | $14.00/bu | $13.50/bu |
| 2022-11 | $14.10/bu | $14.00/bu |
| 2022-12 | $14.50/bu | $14.40/bu |
| 2023-01 | $14.70/bu | $14.50/bu |
| 2023-02 | $15.10/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 | $14.90/bu | $14.20/bu |
| 2023-07 | $14.90/bu | $14.70/bu |
| 2023-09 | $14.10/bu | $13.20/bu |
| 2023-10 | $13.20/bu | $12.70/bu |
| 2023-11 | $13.00/bu | $13.00/bu |
| 2023-12 | $12.70/bu | $13.10/bu |
| 2024-01 | $12.70/bu | $12.80/bu |
| 2024-02 | $12.10/bu | $11.90/bu |
| 2024-03 | $12.00/bu | $11.80/bu |
| 2024-04 | $11.60/bu | $11.80/bu |
| 2024-05 | $12.10/bu | $11.90/bu |
| 2024-06 | $12.10/bu | $11.80/bu |
| 2024-07 | $11.60/bu | $11.30/bu |
| 2024-08 | $11.00/bu | $10.30/bu |
| 2024-09 | $11.10/bu | $10.20/bu |
| 2024-10 | $10.60/bu | $9.91/bu |
| 2024-11 | $9.90/bu | $9.84/bu |
| 2024-12 | $9.70/bu | $9.79/bu |
| 2025-01 | $10.10/bu | $10.00/bu |
| 2025-02 | $10.60/bu | $10.20/bu |
| 2025-03 | $10.40/bu | $10.20/bu |
| 2025-04 | $10.10/bu | $10.20/bu |
| 2025-06 | $10.50/bu | $10.40/bu |
| 2025-07 | $10.40/bu | $10.20/bu |
| 2025-08 | $10.40/bu | $10.00/bu |
| 2025-09 | $10.20/bu | $9.93/bu |
| 2025-10 | $10.30/bu | $9.69/bu |
| 2025-11 | $10.70/bu | $10.50/bu |
| 2025-12 | $10.50/bu | $10.30/bu |
| 2026-01 | $10.50/bu | $10.30/bu |
| 2026-02 | $11.10/bu | $10.60/bu |
| 2026-03 | $11.40/bu | $11.10/bu |
| 2026-04 | $11.40/bu | $11.20/bu |
| 2026-05 | $11.90/bu | $11.60/bu |
| 2026-06 | $11.60/bu | $11.30/bu |
| 2026-07 | $12.20/bu | $11.60/bu |
| 2026-08 | $12.40/bu | $12.10/bu |
How North Carolina compares
Top Soybeans-producing states, August 2026 price
| State | Price | vs US avg |
|---|---|---|
| Ohio | $12.4/bu | +2.5% |
| North Carolina | $12.4/bu | +2.5% |
| Illinois | $12.2/bu | +0.8% |
| Missouri | $12.2/bu | +0.8% |
| Iowa | $12.1/bu | +0% |
| Indiana | $12.1/bu | +0% |
| Kansas | $12.1/bu | +0% |
| Nebraska | $12.1/bu | +0% |
What this price means for North Carolina Soybeans farmers
North Carolina soybeans averaged $12.40 per bushel in August 2026, sitting $0.30 above the national average of $12.10 for the same month. That premium over the US figure is not a signal of superior crop quality in the state; it reflects local basis conditions — primarily transportation logistics, proximity to export terminals, and the degree of competition among regional elevators bidding for bushels. Looking back at the marketing-year-average, this year's MYA of $10.70 per bushel (still preliminary) represents a $0.50 improvement over the prior year's finalized MYA of $10.20, suggesting a modestly stronger pricing environment for North Carolina soybean producers across the full marketing season.
When making selling decisions, it is important to distinguish between what a single monthly price print like August's $12.40 tells you and what the MYA tells you. A forward contract negotiated against a strong monthly price can lock in favorable revenue on a specific lot of grain, but it carries the risk of anchoring expectations to a moment that may not reflect where the market settles across the full crop year. The MYA of $10.70 is the more reliable number for building an annual revenue budget, because it smooths out the volatility that single months — whether unusually high or low — can inject into your planning. Use the monthly figure to evaluate spot or near-term forward opportunities, and use the MYA as your baseline when projecting whole-farm income and covering operating costs.
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Frequently asked questions — North Carolina Soybeans price
Why is the North Carolina soybean price of $12.4/bushel higher than the US average of $12.1/bushel in August 2026?
North Carolina soybeans carry a $0.30/bushel premium over the national average in August 2026, reflecting a positive local basis driven by factors such as proximity to export terminals in the mid-Atlantic region, local crush demand, and regional supply-demand dynamics. This basis differential is important for marketing decisions because it means North Carolina producers are capturing slightly more value per bushel than the average US soybean farmer at that price point.
What is the difference between the North Carolina August 2026 soybean price of $12.4/bushel and the marketing-year-average price of $10.7/bushel?
The August 2026 monthly price of $12.4/bushel represents the estimated price received by farmers for soybeans sold during that specific month, while the marketing-year-average (MYA) of $10.7/bushel reflects the weighted average price across the entire September-to-August marketing year. The $1.70/bushel gap between the two figures indicates that August prices are currently well above the full-season average, which could mean prices were lower earlier in the marketing year or that late-season demand is supporting stronger bids.
How frequently does USDA update North Carolina soybean price data, and when should I expect new figures?
USDA's National Agricultural Statistics Service (NASS) releases state-level soybean price data monthly through the Agricultural Prices report, typically published near the end of the following month. The marketing-year-average price is finalized after the marketing year closes in August and is published in the subsequent Agricultural Prices summary, so producers should monitor monthly releases for the most current price signals throughout the season.
How can I use North Carolina's soybean price data alongside yield estimates to project gross revenue per acre?
To estimate gross revenue, multiply the expected yield in bushels per acre by the relevant price benchmark—for example, a 50 bu/acre yield at the August 2026 price of $12.4/bushel projects $620/acre in gross revenue, while using the MYA price of $10.7/bushel yields $535/acre, illustrating the impact of price timing on returns. Agronomists and producers typically use the MYA price for whole-season revenue planning and loan deficiency payment calculations, while the monthly price is more useful for evaluating cash sales or hedging decisions at a specific point in the marketing year.