Iowa Corn Price — USDA NASS Monthly & MYA Data

USDA NASS · Updated November 2026

Iowa Corn price reached $4.72/bu in September 2026 — $0.09/bu below the US average of $4.81/bu. Monthly price received by producers, sourced directly from USDA NASS.

$4.72 per bushel September 2026 price
$-0.09 vs US avg $4.81 Gap to national average
$4.10 marketing-year avg MYA (may be preliminary)
$-0.15 MYA vs last year Year-over-year change

Corn monthly price trend

Iowa vs the US average, last 24 months of USDA NASS data

Iowa US average
Iowa Corn monthly price vs US average, last 24 months
MonthIowa priceUS average
2020-01 $3.78/bu $3.79/bu
2020-02 $3.74/bu $3.78/bu
2020-03 $3.64/bu $3.68/bu
2020-04 $3.28/bu $3.29/bu
2020-05 $3.12/bu $3.20/bu
2020-06 $3.11/bu $3.16/bu
2020-07 $3.14/bu $3.21/bu
2020-08 $3.08/bu $3.12/bu
2020-09 $3.39/bu $3.41/bu
2020-10 $3.61/bu $3.61/bu
2020-11 $3.82/bu $3.79/bu
2020-12 $4.05/bu $3.97/bu
2021-01 $4.40/bu $4.24/bu
2021-02 $4.87/bu $4.75/bu
2021-03 $4.89/bu $4.89/bu
2021-04 $5.35/bu $5.31/bu
2021-05 $6.03/bu $5.91/bu
2021-06 $6.19/bu $6.00/bu
2021-07 $6.22/bu $6.12/bu
2021-08 $6.38/bu $6.32/bu
2021-09 $5.63/bu $5.47/bu
2021-10 $5.02/bu $5.02/bu
2021-11 $5.23/bu $5.26/bu
2021-12 $5.54/bu $5.47/bu
2022-01 $5.70/bu $5.58/bu
2022-02 $6.11/bu $6.09/bu
2022-03 $6.59/bu $6.56/bu
2022-04 $7.12/bu $7.07/bu
2022-05 $7.34/bu $7.26/bu
2022-06 $7.48/bu $7.38/bu
2022-07 $7.44/bu $7.25/bu
2022-08 $7.40/bu $7.24/bu
2022-09 $7.42/bu $7.09/bu
2022-10 $6.53/bu $6.49/bu
2022-11 $6.50/bu $6.49/bu
2022-12 $6.69/bu $6.58/bu
2023-01 $6.74/bu $6.63/bu
2023-02 $6.83/bu $6.80/bu
2023-03 $6.70/bu $6.67/bu
2023-04 $6.75/bu $6.70/bu
2023-05 $6.57/bu $6.54/bu
2023-06 $6.57/bu $6.49/bu
2023-07 $6.33/bu $6.22/bu
2023-08 $5.77/bu $5.73/bu
2023-09 $5.22/bu $5.21/bu
2023-10 $4.96/bu $4.93/bu
2023-11 $4.74/bu $4.66/bu
2023-12 $4.89/bu $4.80/bu
2024-01 $4.84/bu $4.74/bu
2024-02 $4.39/bu $4.36/bu
2024-03 $4.43/bu $4.36/bu
2024-04 $4.50/bu $4.39/bu
2024-05 $4.63/bu $4.51/bu
2024-06 $4.60/bu $4.48/bu
2024-07 $4.32/bu $4.23/bu
2024-08 $4.02/bu $3.84/bu
2024-09 $4.09/bu $3.97/bu
2024-10 $4.01/bu $3.99/bu
2024-11 $4.12/bu $4.07/bu
2024-12 $4.27/bu $4.23/bu
2025-01 $4.37/bu $4.29/bu
2025-02 $4.59/bu $4.58/bu
2025-03 $4.53/bu $4.57/bu
2025-04 $4.64/bu $4.62/bu
2025-05 $4.64/bu $4.64/bu
2025-06 $4.46/bu $4.47/bu
2025-07 $4.20/bu $4.29/bu
2025-08 $3.89/bu $3.96/bu
2025-09 $3.90/bu $4.00/bu
2025-10 $3.90/bu $3.93/bu
2025-11 $3.99/bu $3.98/bu
2025-12 $4.21/bu $4.10/bu
2026-01 $4.13/bu $4.12/bu
2026-02 $4.12/bu $4.12/bu
2026-03 $4.28/bu $4.27/bu
2026-04 $4.29/bu $4.31/bu
2026-05 $4.45/bu $4.48/bu
2026-06 $4.26/bu $4.28/bu
2026-07 $4.26/bu $4.26/bu
2026-08 $4.44/bu $4.45/bu
2026-09 $4.72/bu $4.81/bu

How Iowa compares

Top Corn-producing states, September 2026 price

StatePricevs US avg
North Carolina$5.66/bu+17.7%
Pennsylvania$5.54/bu+15.2%
Colorado$5.39/bu+12.1%
Ohio$5.18/bu+7.7%
Indiana$5.05/bu+5%
Tennessee$4.97/bu+3.3%
Michigan$4.88/bu+1.5%
Missouri$4.85/bu+0.8%

What this price means for Iowa Corn farmers

Iowa's corn price for September 2026 was $4.72/bu, $0.09 below the national average of $4.81/bu. State-level basis explains most gaps like this: transport costs, local elevator competition and crush or export demand set the discount, not farming quality. The 2025 marketing-year average (MYA) stands at $4.10/bu, lower than the prior year's $4.25/bu by $0.15. The monthly price is up from $4.26 in June and July to $4.72 in September. The current MYA may still be preliminary.

The monthly print and the MYA answer different questions. A forward contract can be priced off a monthly figure such as $4.72/bu, while the MYA of $4.10/bu is the number for annual revenue planning and budgeting. The gap between the two, $0.62/bu, shows how far a single month can sit from the season's average. Budgeting a whole farm off one month adds volatility that the MYA smooths out.

Revenue calculator

Estimate gross revenue for your Iowa Corn farm at the current price

📈 Crop Revenue Calculator

Estimate gross revenue at this month's price or the marketing-year-average.

5000 ac
180 bu/ac
Revenue per acre
$850
Total gross revenue
$4,248,000

Gross revenue only, not net income.

Frequently asked questions — Iowa Corn price

Why is Iowa corn priced $0.09/bu below the US average?

The September 2026 price of $4.72/bu compares with a national $4.81/bu. Iowa has dense elevator, ethanol and processing demand, so its basis is usually tight and the price tracks the national figure closely.

What is the difference between the monthly price and the MYA for Iowa corn?

The monthly price of $4.72/bu reflects one month of sales, while the 2025 MYA of $4.10/bu averages the marketing year. Use the monthly figure for contract timing and the MYA for annual revenue planning.

How often does USDA update Iowa corn prices?

USDA NASS publishes state prices monthly, and the MYA can be revised as the marketing year progresses. The current MYA may still be preliminary, so check each new release.

How do I use the Iowa corn price with yield to estimate revenue?

Multiply your yield per acre by the price. Using the MYA of $4.10/bu gives a steadier full-season estimate, while the September price of $4.72/bu shows what a current sale would bring.

Data source: USDA National Agricultural Statistics Service (NASS), Agricultural Prices report. Monthly prices are published near the end of each month; the marketing-year-average (MYA) price is preliminary until finalized in the following year's Crop Production Annual Summary. nass.usda.gov