Soybean Prices Today: Cash Price per Bushel & Soybean Futures
Today’s soybean prices per bushel: the Iowa state average cash price, cash bids by region and CBOT soybean futures settlements, from the USDA’s daily Iowa cash grain report. Iowa is one of the top two soybean states, making its cash bids a useful national benchmark.
Last updated: September 29, 2026
Cash bids by Iowa region
| Region | Bid range ($/bu) | Average ($/bu) | Year ago ($/bu) |
|---|---|---|---|
| Northwest | $12.38 – $12.98 | $12.51 | $9.23 |
| North Central | $12.28 – $12.98 | $12.46 | $9.28 |
| Northeast | $12.23 – $13.41 | $12.41 | $9.26 |
| Southwest | $12.35 – $12.98 | $12.57 | $9.25 |
| South Central | $12.33 – $13.83 | $12.94 | $9.24 |
| Southeast | $12.08 – $12.98 | $12.44 | $9.19 |
CBOT soybeans futures settlements
| Contract | Settlement ($/bu) | Cents/bu |
|---|---|---|
| Nov 26 | $12.98 | 1,297.75¢ |
| Jan 27 | $13.13 | 1,312.75¢ |
| Mar 27 | $13.21 | 1,321.50¢ |
| May 27 | $13.29 | 1,329.00¢ |
| Jul 27 | $13.34 | 1,333.75¢ |
Source: USDA AMS Market News, Iowa Daily Cash Grain Bids, report for September 29, 2026. Prices are end-of-day USDA figures, not live quotes, and can differ from what your local buyer pays. Updated every weekday evening. Not financial advice.
Looking for older prices? See soybean price history: yearly and monthly USDA prices with long-term charts.
Understanding Soybean Prices
- Cash price: what Iowa elevators and processors bid today for No. 1 yellow soybeans.
- Futures: CBOT soybean contracts trade for January, March, May, July, August, September and November delivery. In the tables, “X” marks the November contract.
- Bushel: a bushel of soybeans weighs 60 lb (27.2 kg). One metric tonne is about 36.7 bushels.
- Crush value: most soybeans are crushed into meal (animal feed) and oil (food and biodiesel), so meal and oil prices pull soybean prices up or down.
What Moves Soybean Prices
- Export demand, especially purchases by China
- Crop size in Brazil, the world’s largest soybean exporter
- USDA WASDE and acreage reports
- Biofuel policy, which drives soybean oil demand
- August weather, when soybean pods fill
See all farm market prices or compare with corn prices today.
FAQ
What is the price of soybeans per bushel today?
The Iowa average cash price at the top of this page is updated every weekday from USDA’s Iowa Daily Cash Grain Bids report.
How much does a bushel of soybeans weigh?
A standard bushel of soybeans weighs 60 pounds (27.2 kg).
Why do soybean prices differ by region?
Distance to processors and river terminals, local demand and storage all change the basis, so bids vary across Iowa and across the country.
Is this financial advice?
No. These are public USDA prices for information only.