Wisconsin Soybeans Price — USDA NASS Monthly & MYA Data
Wisconsin Soybeans price reached $11.40/bu in August 2026 — $0.70/bu below the US average of $12.10/bu. Monthly price received by producers, sourced directly from USDA NASS.
Soybeans monthly price trend
Wisconsin vs the US average, last 24 months of USDA NASS data
| Month | Wisconsin price | US average |
|---|---|---|
| 2020-01 | $8.63/bu | $8.84/bu |
| 2020-02 | $8.45/bu | $8.60/bu |
| 2020-03 | $8.30/bu | $8.47/bu |
| 2020-04 | $8.13/bu | $8.35/bu |
| 2020-05 | $8.13/bu | $8.28/bu |
| 2020-06 | $8.19/bu | $8.34/bu |
| 2020-07 | $8.36/bu | $8.50/bu |
| 2020-08 | $8.57/bu | $8.66/bu |
| 2020-09 | $9.12/bu | $9.24/bu |
| 2020-10 | $9.55/bu | $9.63/bu |
| 2020-11 | $10.40/bu | $10.30/bu |
| 2020-12 | $11.10/bu | $10.60/bu |
| 2021-01 | $10.80/bu | $10.90/bu |
| 2021-02 | $13.00/bu | $12.70/bu |
| 2021-03 | $13.00/bu | $13.20/bu |
| 2021-04 | $13.90/bu | $13.90/bu |
| 2021-05 | $14.60/bu | $14.80/bu |
| 2021-06 | $14.50/bu | $14.50/bu |
| 2021-07 | $14.20/bu | $14.10/bu |
| 2021-08 | $14.00/bu | $13.70/bu |
| 2021-09 | $11.90/bu | $12.20/bu |
| 2021-10 | $11.80/bu | $11.90/bu |
| 2021-11 | $12.10/bu | $12.10/bu |
| 2021-12 | $12.40/bu | $12.50/bu |
| 2022-01 | $12.50/bu | $12.90/bu |
| 2022-02 | $14.70/bu | $14.70/bu |
| 2022-03 | $15.20/bu | $15.40/bu |
| 2022-04 | $15.50/bu | $15.80/bu |
| 2022-05 | $15.90/bu | $16.10/bu |
| 2022-06 | $16.10/bu | $16.40/bu |
| 2022-07 | $15.20/bu | $15.50/bu |
| 2022-08 | $15.70/bu | $15.30/bu |
| 2022-09 | $14.10/bu | $14.20/bu |
| 2022-10 | $13.20/bu | $13.50/bu |
| 2022-11 | $14.00/bu | $14.00/bu |
| 2022-12 | $14.20/bu | $14.40/bu |
| 2023-01 | $14.10/bu | $14.50/bu |
| 2023-02 | $14.80/bu | $15.10/bu |
| 2023-03 | $14.40/bu | $14.90/bu |
| 2023-04 | $14.50/bu | $14.90/bu |
| 2023-05 | $14.40/bu | $14.40/bu |
| 2023-06 | $13.90/bu | $14.20/bu |
| 2023-07 | $14.70/bu | $14.70/bu |
| 2023-08 | $14.30/bu | $14.10/bu |
| 2023-09 | $13.70/bu | $13.20/bu |
| 2023-10 | $12.40/bu | $12.70/bu |
| 2023-11 | $12.80/bu | $13.00/bu |
| 2023-12 | $13.00/bu | $13.10/bu |
| 2024-01 | $12.60/bu | $12.80/bu |
| 2024-02 | $12.10/bu | $11.90/bu |
| 2024-03 | $11.60/bu | $11.80/bu |
| 2024-04 | $11.50/bu | $11.80/bu |
| 2024-05 | $11.70/bu | $11.90/bu |
| 2024-06 | $12.80/bu | $11.80/bu |
| 2024-07 | $11.90/bu | $11.30/bu |
| 2024-08 | $10.50/bu | $10.30/bu |
| 2024-09 | $10.30/bu | $10.20/bu |
| 2024-10 | $9.90/bu | $9.91/bu |
| 2024-11 | $9.73/bu | $9.84/bu |
| 2024-12 | $9.53/bu | $9.79/bu |
| 2025-01 | $9.92/bu | $10.00/bu |
| 2025-02 | $9.91/bu | $10.20/bu |
| 2025-03 | $9.71/bu | $10.20/bu |
| 2025-04 | $9.87/bu | $10.20/bu |
| 2025-05 | $10.70/bu | $10.40/bu |
| 2025-06 | $10.20/bu | $10.40/bu |
| 2025-07 | $9.97/bu | $10.20/bu |
| 2025-08 | $9.60/bu | $10.00/bu |
| 2025-09 | $9.41/bu | $9.93/bu |
| 2025-10 | $9.56/bu | $9.69/bu |
| 2025-11 | $10.50/bu | $10.50/bu |
| 2025-12 | $10.20/bu | $10.30/bu |
| 2026-01 | $9.97/bu | $10.30/bu |
| 2026-02 | $10.20/bu | $10.60/bu |
| 2026-03 | $10.80/bu | $11.10/bu |
| 2026-04 | $11.00/bu | $11.20/bu |
| 2026-05 | $11.00/bu | $11.60/bu |
| 2026-06 | $11.10/bu | $11.30/bu |
| 2026-07 | $11.20/bu | $11.60/bu |
| 2026-08 | $11.40/bu | $12.10/bu |
How Wisconsin 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 Wisconsin Soybeans farmers
Wisconsin soybeans averaged $11.40 per bushel in August 2026, sitting $0.70 below the national average of $12.10 for the same month. That gap is not a reflection of crop quality but rather the state-level basis, which captures local factors such as distance to crushing and export facilities, trucking costs, and the degree of competition among regional elevators. Compared to Wisconsin's finalized marketing-year-average of $9.95 per bushel for the prior year, the current monthly print represents a meaningful improvement of roughly $1.45, signaling a stronger price environment heading into the latter part of the marketing year. The preliminary marketing-year-average for the current year stands at $10.00 per bushel, a modest $0.05 gain over the prior year's final figure, suggesting the market has firmed slightly but not dramatically on an annual basis.
When making marketing and selling decisions, it is important to distinguish between what a single monthly price tells you and what the marketing-year-average represents. Locking in a forward contract based on the August print of $11.40 can be strategically sound if nearby cash flow needs or storage costs make capturing that price attractive, but it reflects a moment in time rather than the season's full price arc. The MYA of $10.00, by contrast, smooths out month-to-month volatility and is the appropriate benchmark for annual revenue planning, loan servicing projections, and input cost recovery analysis. Relying on a strong late-summer monthly price to set your whole-year budget can overstate expected revenue if earlier months in the marketing year, some of which ran as low as $10.80, pulled the seasonal average well below that August figure.
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Frequently asked questions — Wisconsin Soybeans price
Why is the Wisconsin soybean price of $11.4/bushel lower than the US average of $12.1/bushel in August 2026?
Wisconsin soybean prices typically run below the national average due to regional basis factors, including the state's distance from major Gulf export terminals and local elevator competition. The $0.70/bushel negative basis in August 2026 reflects transportation costs, local supply-demand conditions, and regional processor demand that collectively pull Wisconsin cash prices below the national benchmark.
What is the difference between the Wisconsin August 2026 soybean price of $11.4/bushel and the marketing-year-average (MYA) price of $10/bushel?
The $11.4/bushel figure is the USDA-reported monthly average cash price for Wisconsin soybeans specifically in August 2026, while the $10/bushel MYA price represents the weighted average price received by farmers across the entire marketing year (September through August). The MYA price is a more comprehensive measure used for farm program calculations and year-over-year comparisons, whereas the monthly print reflects current market conditions and is more relevant for near-term marketing decisions.
How frequently does USDA update Wisconsin soybean price data, and when should I expect the next revision?
USDA's National Agricultural Statistics Service (NASS) publishes state-level soybean prices monthly through its Agricultural Prices report, typically released on the last business day of the following month. The marketing-year-average price is finalized after the close of the September–August marketing year, so early MYA estimates are subject to revision as additional months of price data are incorporated.
How can I use the Wisconsin soybean price of $11.4/bushel alongside yield data to estimate my gross revenue per acre?
To estimate gross revenue, multiply your expected or realized yield per acre by the applicable price—for example, a 50 bu/acre yield at $11.4/bushel produces $570/acre in gross revenue. For a full-season revenue projection, applying the MYA price of $10/bushel instead gives a more conservative estimate of $500/acre, which is useful for benchmarking against production costs and evaluating whether forward contracts or hedging strategies are warranted.