Soybean Price in the United States
Latest price
11.6 USD/bu
Over the past 12 months it ranged from 9.71 USD/bu (Oct 2025) to 11.6 USD/bu (May 2026), +13.7% vs. a year earlier.
The United States is the world's 2nd-largest producer (30.5% of global output, FAOSTAT 2023). The United States is the world's 2nd-largest exporter (28.1% of global exports, FAOSTAT 2023).
Price Chart
How this year compares, month by month, to the typical pattern of recent years for the selected region.
Notable price events
- 2007-08 global food price crisis — Drought in major exporting countries, combined with several governments restricting exports to protect domestic supply and growing demand for biofuel crops, pushed wheat, rice and corn to what were then record prices within about a year - triggering food riots in over 30 countries.
- 2012 US Midwest drought — The worst US drought in over 50 years cut the corn harvest roughly 13% below the prior year and pushed corn futures to a then-record above $8/bushel - the costliest agricultural disaster in US history at an estimated $30 billion in losses.
The "United States" option is USDA NASS's monthly national figure. Currency, unit and inflation conversions are explained in how agri.markets sources and calculates prices.
Price data table
Recent prices
| Period | Price (USD/bu) | Change |
|---|---|---|
| Jul 2026 | 11.6 | +2.7% |
| Jun 2026 | 11.3 | -2.6% |
| May 2026 | 11.6 | +3.6% |
| Apr 2026 | 11.2 | +0.9% |
| Mar 2026 | 11.1 | +4.7% |
| Feb 2026 | 10.6 | +2.9% |
| Jan 2026 | 10.3 | -1.0% |
| Dec 2025 | 10.4 | -1.0% |
| Nov 2025 | 10.5 | +8.1% |
| Oct 2025 | 9.71 | -1.4% |
| Sep 2025 | 9.85 | -1.5% |
| Aug 2025 | 10 | -2.0% |
Annual averages
| Year | Average (USD/bu) | Change |
|---|---|---|
| 2026 (year to date) | 11.1 | +9.1% |
| 2025 | 10.17 | -8.5% |
| 2024 | 11.11 | -21.0% |
| 2023 | 14.07 | -5.3% |
| 2022 | 14.85 | +13.9% |
| 2021 | 13.04 | +45.2% |
| 2020 | 8.98 | +6.6% |
| 2019 | 8.43 | -7.9% |
| 2018 | 9.15 | -2.6% |
| 2017 | 9.39 | -0.0% |