Nebraska Wheat Price — USDA NASS Monthly & MYA Data
Nebraska Wheat price reached $6.67/bu in August 2026 — about $0.44/bu above the US average of $6.23/bu. Monthly price received by producers, sourced directly from USDA NASS.
Wheat monthly price trend
Nebraska vs the US average, last 24 months of USDA NASS data
| Month | Nebraska price | US average |
|---|---|---|
| 2020-01 | $4.13/bu | $4.88/bu |
| 2020-02 | $4.40/bu | $4.88/bu |
| 2020-03 | $4.30/bu | $4.86/bu |
| 2020-04 | $4.44/bu | $4.85/bu |
| 2020-05 | $4.40/bu | $4.76/bu |
| 2020-06 | $4.20/bu | $4.57/bu |
| 2020-07 | $4.17/bu | $4.54/bu |
| 2020-08 | $4.17/bu | $4.54/bu |
| 2020-09 | $4.36/bu | $4.73/bu |
| 2020-10 | $4.68/bu | $4.98/bu |
| 2020-11 | $5.17/bu | $5.24/bu |
| 2020-12 | $5.40/bu | $5.46/bu |
| 2021-01 | $5.23/bu | $5.48/bu |
| 2021-02 | $5.65/bu | $5.83/bu |
| 2021-03 | $6.06/bu | $5.86/bu |
| 2021-04 | $5.95/bu | $6.04/bu |
| 2021-05 | $6.05/bu | $6.46/bu |
| 2021-06 | $5.98/bu | $6.23/bu |
| 2021-07 | $5.90/bu | $6.26/bu |
| 2021-08 | $6.54/bu | $7.14/bu |
| 2021-09 | $6.84/bu | $7.75/bu |
| 2021-10 | $7.19/bu | $7.92/bu |
| 2021-11 | $7.69/bu | $8.52/bu |
| 2021-12 | $7.00/bu | $8.59/bu |
| 2022-01 | $7.36/bu | $8.48/bu |
| 2022-02 | $8.37/bu | $9.16/bu |
| 2022-03 | $9.24/bu | $9.93/bu |
| 2022-04 | $10.50/bu | $10.20/bu |
| 2022-05 | $11.10/bu | $10.90/bu |
| 2022-06 | $9.11/bu | $9.61/bu |
| 2022-07 | $8.25/bu | $8.69/bu |
| 2022-08 | $8.44/bu | $8.55/bu |
| 2022-09 | $8.77/bu | $8.78/bu |
| 2022-10 | $9.23/bu | $9.18/bu |
| 2022-11 | $8.82/bu | $9.15/bu |
| 2022-12 | $8.36/bu | $8.97/bu |
| 2023-01 | $8.26/bu | $8.81/bu |
| 2023-02 | $8.26/bu | $8.54/bu |
| 2023-03 | $8.32/bu | $8.35/bu |
| 2023-04 | $8.37/bu | $8.31/bu |
| 2023-05 | $8.27/bu | $8.07/bu |
| 2023-06 | $7.69/bu | $7.67/bu |
| 2023-07 | $8.04/bu | $7.61/bu |
| 2023-08 | $7.05/bu | $7.34/bu |
| 2023-09 | $6.64/bu | $7.06/bu |
| 2023-10 | $6.27/bu | $6.96/bu |
| 2023-11 | $5.95/bu | $6.52/bu |
| 2023-12 | $6.02/bu | $6.79/bu |
| 2024-01 | $5.92/bu | $6.77/bu |
| 2024-02 | $5.51/bu | $6.34/bu |
| 2024-03 | $5.48/bu | $6.01/bu |
| 2024-04 | $5.31/bu | $5.90/bu |
| 2024-05 | $5.73/bu | $6.19/bu |
| 2024-06 | $5.65/bu | $5.86/bu |
| 2024-07 | $5.21/bu | $5.52/bu |
| 2024-08 | $4.73/bu | $5.23/bu |
| 2024-09 | $5.46/bu | $5.36/bu |
| 2024-10 | $4.98/bu | $5.47/bu |
| 2024-11 | $5.00/bu | $5.45/bu |
| 2024-12 | $4.69/bu | $5.49/bu |
| 2025-01 | $4.87/bu | $5.52/bu |
| 2025-02 | $4.74/bu | $5.59/bu |
| 2025-03 | $4.88/bu | $5.71/bu |
| 2025-04 | $5.08/bu | $5.61/bu |
| 2025-05 | $4.94/bu | $5.58/bu |
| 2025-06 | $4.66/bu | $5.28/bu |
| 2025-07 | $4.56/bu | $4.94/bu |
| 2025-08 | $4.28/bu | $4.84/bu |
| 2025-09 | $4.09/bu | $4.76/bu |
| 2025-10 | $4.75/bu | $4.73/bu |
| 2025-11 | $4.27/bu | $4.90/bu |
| 2025-12 | $4.20/bu | $5.03/bu |
| 2026-01 | $4.27/bu | $5.07/bu |
| 2026-02 | $4.63/bu | $5.15/bu |
| 2026-03 | $4.84/bu | $5.52/bu |
| 2026-04 | $5.30/bu | $5.70/bu |
| 2026-05 | $5.04/bu | $5.88/bu |
| 2026-06 | $5.28/bu | $5.70/bu |
| 2026-07 | $6.15/bu | $6.06/bu |
| 2026-08 | $6.67/bu | $6.23/bu |
How Nebraska 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 Nebraska Wheat farmers
Nebraska wheat came in at $6.67 per bushel in August 2026, sitting $0.44 above the national average of $6.23 for the same month. That premium over the US figure reflects local basis conditions — elevator competition, regional transportation costs, and proximity to end-use buyers — rather than any inherent difference in grain quality. Looking beyond the single-month snapshot, Nebraska's current marketing-year-average price stands at $4.50 per bushel, down $0.52 from last year's finalized MYA of $5.02, a meaningful decline that puts pressure on per-acre revenue across the state. The August monthly price is encouraging, but it represents the high point of a trajectory that moved from $4.84 in March up through $5.04, $5.28, $6.15, and now $6.67, so context matters before drawing conclusions about the broader season.
When it comes to marketing and forward contracting decisions, the current $6.67 monthly print can be a useful reference for evaluating whether to lock in a forward contract or price remaining bushels into a favorable nearby basis, but it should not be confused with a full-season signal. Committing to contracts based solely on a strong late-season monthly price risks overestimating what the entire crop will average, particularly when the MYA for this year sits at $4.50 — the number that actually captures what growers received across all months of the marketing year. For annual revenue planning, operating loan projections, and input budget decisions heading into the next season, the MYA is the appropriate figure to anchor to, since it smooths out the volatility visible in the monthly series. Treat the August price as an opportunity to evaluate unpriced bushels or deferred contracts, not as a baseline for next year's break-even analysis.
Revenue calculator
Estimate gross revenue for your Nebraska Wheat farm at the current price
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Frequently asked questions — Nebraska Wheat price
Why is the Nebraska Wheat price of $6.67/bushel higher than the US average of $6.23/bushel in August 2026?
Nebraska's August 2026 Wheat price sits $0.44/bushel above the national average of $6.23, a difference driven by local basis conditions including regional supply-demand balance, nearby elevator and export demand, and transportation costs to end markets. Farmers in Nebraska can use this positive basis as a signal that local buyers are competing aggressively for grain, which may present a favorable opportunity to price remaining bushels or forward contract a portion of the next crop.
What is the difference between the Nebraska Wheat August 2026 monthly price of $6.67/bushel and the marketing-year-average price of $4.50/bushel?
The monthly price of $6.67/bushel reflects what Nebraska Wheat was valued at during August 2026 specifically, while the marketing-year-average (MYA) price of $4.50/bushel represents the weighted average price received by farmers across the entire marketing year, weighted by monthly sales volumes. The MYA is the figure used for crop insurance revenue calculations and USDA farm program payments, so relying on the August monthly price alone would significantly overstate season-long revenue for planning purposes.
How frequently does USDA update Nebraska Wheat price data, and when should I check for the latest figures?
USDA's National Agricultural Statistics Service (NASS) releases state-level crop prices monthly through its Agricultural Prices report, typically published near the last business day of the following month. Farmers and agronomists should monitor each monthly release during the active marketing season, as early-season prints can shift considerably from the final MYA price used in program and insurance calculations.
How can I combine Nebraska Wheat price data with yield data to estimate my operation's gross revenue per acre?
To estimate gross revenue, multiply your expected or realized yield in bushels per acre by the relevant price: use the current monthly price of $6.67/bushel for near-term cash sales, or the MYA price of $4.50/bushel for a conservative full-season revenue projection aligned with program benchmarks. For example, a Nebraska farm averaging 50 bushels per acre would project roughly $333.50/acre at the August price or $225/acre at the MYA, helping you evaluate whether current prices cover your cost of production and inform decisions on storing versus selling grain.