Ohio Soybeans Price — USDA NASS Monthly & MYA Data
Ohio 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
Ohio vs the US average, last 24 months of USDA NASS data
| Month | Ohio price | US average |
|---|---|---|
| 2020-01 | $9.39/bu | $8.84/bu |
| 2020-02 | $9.30/bu | $8.60/bu |
| 2020-03 | $9.11/bu | $8.47/bu |
| 2020-04 | $8.88/bu | $8.35/bu |
| 2020-05 | $8.72/bu | $8.28/bu |
| 2020-06 | $8.82/bu | $8.34/bu |
| 2020-07 | $8.95/bu | $8.50/bu |
| 2020-08 | $9.06/bu | $8.66/bu |
| 2020-09 | $9.70/bu | $9.24/bu |
| 2020-10 | $9.98/bu | $9.63/bu |
| 2020-11 | $10.70/bu | $10.30/bu |
| 2020-12 | $11.30/bu | $10.60/bu |
| 2021-01 | $11.20/bu | $10.90/bu |
| 2021-02 | $12.70/bu | $12.70/bu |
| 2021-03 | $13.30/bu | $13.20/bu |
| 2021-04 | $14.00/bu | $13.90/bu |
| 2021-05 | $15.00/bu | $14.80/bu |
| 2021-06 | $14.30/bu | $14.50/bu |
| 2021-07 | $14.10/bu | $14.10/bu |
| 2021-08 | $13.90/bu | $13.70/bu |
| 2021-09 | $12.20/bu | $12.20/bu |
| 2021-10 | $12.10/bu | $11.90/bu |
| 2021-11 | $12.30/bu | $12.10/bu |
| 2021-12 | $12.70/bu | $12.50/bu |
| 2022-01 | $13.30/bu | $12.90/bu |
| 2022-02 | $14.90/bu | $14.70/bu |
| 2022-03 | $15.80/bu | $15.40/bu |
| 2022-04 | $16.20/bu | $15.80/bu |
| 2022-05 | $16.00/bu | $16.10/bu |
| 2022-06 | $16.40/bu | $16.40/bu |
| 2022-07 | $15.90/bu | $15.50/bu |
| 2022-08 | $15.30/bu | $15.30/bu |
| 2022-09 | $14.70/bu | $14.20/bu |
| 2022-10 | $13.50/bu | $13.50/bu |
| 2022-11 | $14.10/bu | $14.00/bu |
| 2022-12 | $14.70/bu | $14.40/bu |
| 2023-01 | $14.80/bu | $14.50/bu |
| 2023-02 | $15.40/bu | $15.10/bu |
| 2023-03 | $15.30/bu | $14.90/bu |
| 2023-04 | $15.40/bu | $14.90/bu |
| 2023-05 | $14.60/bu | $14.40/bu |
| 2023-06 | $14.80/bu | $14.20/bu |
| 2023-07 | $15.00/bu | $14.70/bu |
| 2023-08 | $14.60/bu | $14.10/bu |
| 2023-09 | $13.30/bu | $13.20/bu |
| 2023-10 | $12.60/bu | $12.70/bu |
| 2023-11 | $13.10/bu | $13.00/bu |
| 2023-12 | $13.10/bu | $13.10/bu |
| 2024-01 | $13.20/bu | $12.80/bu |
| 2024-02 | $12.50/bu | $11.90/bu |
| 2024-03 | $12.10/bu | $11.80/bu |
| 2024-04 | $12.10/bu | $11.80/bu |
| 2024-05 | $12.20/bu | $11.90/bu |
| 2024-06 | $12.10/bu | $11.80/bu |
| 2024-07 | $11.60/bu | $11.30/bu |
| 2024-08 | $10.80/bu | $10.30/bu |
| 2024-09 | $10.00/bu | $10.20/bu |
| 2024-10 | $9.98/bu | $9.91/bu |
| 2024-11 | $10.10/bu | $9.84/bu |
| 2024-12 | $10.10/bu | $9.79/bu |
| 2025-01 | $10.40/bu | $10.00/bu |
| 2025-02 | $10.80/bu | $10.20/bu |
| 2025-03 | $10.50/bu | $10.20/bu |
| 2025-04 | $10.50/bu | $10.20/bu |
| 2025-05 | $10.70/bu | $10.40/bu |
| 2025-06 | $10.90/bu | $10.40/bu |
| 2025-07 | $10.50/bu | $10.20/bu |
| 2025-08 | $10.40/bu | $10.00/bu |
| 2025-09 | $10.80/bu | $9.93/bu |
| 2025-10 | $10.10/bu | $9.69/bu |
| 2025-11 | $10.80/bu | $10.50/bu |
| 2025-12 | $11.00/bu | $10.30/bu |
| 2026-01 | $10.70/bu | $10.30/bu |
| 2026-02 | $11.00/bu | $10.60/bu |
| 2026-03 | $11.80/bu | $11.10/bu |
| 2026-04 | $11.80/bu | $11.20/bu |
| 2026-05 | $12.10/bu | $11.60/bu |
| 2026-06 | $11.90/bu | $11.30/bu |
| 2026-07 | $12.10/bu | $11.60/bu |
| 2026-08 | $12.40/bu | $12.10/bu |
How Ohio 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 Ohio Soybeans farmers
Ohio soybean prices reached $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 most likely explained by local basis conditions — factors like proximity to crush facilities, elevator competition, and regional transportation costs — rather than any difference in crop quality between Ohio and other producing states. Looking further back, this year's preliminary marketing-year-average of $11.00 per bushel already represents a meaningful improvement over last year's finalized MYA of $10.30, a gain of $0.70 per bushel that reflects broadly stronger demand conditions across the 2025–26 marketing year.
For marketing and selling decisions, it is important to distinguish between what the August monthly price tells you and what the MYA tells you. A forward contract negotiated off a single monthly print like $12.40 can capture favorable short-term basis and futures alignment, but that number can shift meaningfully from one month to the next, as the range from $11.80 in March to $12.40 in August illustrates. The marketing-year-average, by contrast, smooths those swings into a single figure that reflects average realized prices across all months of the marketing year, making it the appropriate benchmark for annual revenue planning, loan repayment projections, and cost-of-production comparisons. Use monthly prices to time specific sales or evaluate forward contracts, but anchor your whole-farm revenue budgets to the MYA to avoid overestimating income based on a peak that may not hold.
Revenue calculator
Estimate gross revenue for your Ohio Soybeans farm at the current price
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Frequently asked questions — Ohio Soybeans price
Why is the Ohio soybean price of $12.4/bushel higher than the US average of $12.1/bushel in August 2026?
Ohio's $0.30/bushel premium over the US average of $12.1/bushel reflects a positive local basis driven by factors such as proximity to crushing facilities, river barge access, and strong regional export demand. This state-level basis can shift month to month, so Ohio farmers should monitor it alongside Chicago Board of Trade futures to assess whether local cash prices represent a favorable marketing opportunity.
What is the difference between the Ohio soybean monthly price of $12.4/bushel and the marketing-year-average price of $11/bushel?
The monthly price of $12.4/bushel represents the average cash price received by Ohio farmers during the specific month of August 2026, while the marketing-year-average (MYA) of $11/bushel reflects the weighted average price across the entire September-to-August marketing year. The $1.40/bushel gap indicates that prices later in the marketing year, particularly the August 2026 print, are running well above early-season lows, which is useful context when evaluating the timing of any remaining unpriced bushels.
How frequently does the USDA update Ohio soybean price data, and when should I expect the next revision?
The USDA National Agricultural Statistics Service (NASS) publishes monthly state-level crop price data through its Agricultural Prices report, released on the last business day of each month. The marketing-year-average price is finalized after the close of the September-through-August marketing year, so early MYA estimates are subject to revision as additional monthly prices are reported and survey data is updated.
How can I use the Ohio soybean price of $12.4/bushel alongside yield data to estimate my farm's gross revenue?
Multiply your farm's actual or projected yield per acre by the $12.4/bushel Ohio cash price to estimate gross revenue per acre; for example, a 55 bu/acre yield generates approximately $682/acre at this price. If you want a full-season revenue estimate, consider weighting the MYA of $11/bushel against the portion of bushels you have already priced versus those still unpriced, giving you a blended price closer to your expected realized return.