Crop Price History & Calculation Periods

See how crop prices change prior to planting until harvest and find commodity exchange price calculation periods.

CROP PRICE HISTORY

With the Revenue Protection plan, a price guarantee is set in both the spring (projected) and fall (Harvest). Your final Revenue Guarantee is based on the higher of the spring or fall price. This revenue price protection provides added security for marketing. With the historical chart below, you can see how prices change.

Corn Price History

Projected Corn Price History
Year Price
'10 3.99
'11 6.01
'12 5.68
'13 5.65
'14 4.62
'15 4.15
'16 3.86
'17 3.96
'18 3.96
'19 4.00
Harvested Corn Price History
Year Price
'10 5.52
'11 6.32
'12 7.50
'13 4.39
'14 3.49
'15 3.83
'16 3.49
'17 3.49
'18 3.68
'19 3.90

The Projected Price for corn was $3.99 in 2010. It peaked at $6.01 in 2011 and declined to $4.00 in 2019. The Harvest Price for corn was $3.90 in 2010. It peaked at $7.50 in 2013 and declined to $3.68 in 2018.

Soybean Price History

Projected Soybean Price History
Year Price
'10 9.23
'11 13.49
'12 12.55
'13 12.87
'14 11.36
'15 9.73
'16 8.85
'17 10.19
'18 10.16
'19 9.54
Harvested Soybean Price History
Year Price
'10 11.63
'11 12.14
'12 15.39
'13 12.87
'14 9.65
'15 8.91
'16 9.75
'17 9.75
'18 8.60
'19 9.25

The Projected Price for soybeans was $9.23 in 2010. It peaked at $13.49 in 2011 and has declined to $9.54 in 2019. The Harvest Price for soybeans was $9.66 in 2010. It peaked at $15.39 in 2013 and has declined to $8.60 in 2018.

Winter Wheat Price History

Projected Winter Wheat Price History
Year Price
'11 7.15
'12 8.70
'13 8.79
'14 7.11
'15 6.41
'16 5.34
'17 4.74
'18 5.06
'19 5.84
'20 4.48
Harvested Winter Wheat Price History
Year Price
'11 7.57
'12 8.70
'13 6.99
'14 6.43
'15 5.43
'16 4.15
'17 5.06
'18 5.14
'19 4.40

Iowa and Wyoming winter wheat prices differ.

The Projected Price for winter wheat was $7.15 in 2011. It peaked at $8.79 in 2013. It has declined to $4.74 in 2017. The Harvest Price for winter wheat was $7.57 in 2011. It peaked at $8.70 in 2012 and has declined to $4.40 in 2019.

Calculation Periods

Find the commodity exchange price calculation periods for various crops.

Corn

Corn

  • Commodity Exchange: Chicago Board of Trade (CBOT)
  • Contract Month: December
  • Projected Price: February average daily settlement price
  • Harvest Price: October average daily settlement price
Soybeans

Soybeans

  • Commodity Exchange: CBOT
  • Contract Month: November
  • Projected Price: February average daily settlement price
  • Harvest Price: October average daily settlement price
Grain Sorghum

Grain Sorghum

  • Commodity Exchange: CBOT
  • Contract Month: December
  • Projected Price: Corn Projected Price adjusted by price percentage
  • Harvest Price: Corn Harvest Price adjusted by price percentage
Spring Wheat

Spring Wheat

  • Commodity Exchange: Minneapolis Grain Exchange (MGE)
  • Contract Month: September
  • Projected Price: February average daily settlement price
  • Harvest Price: August average daily settlement price
Winter Wheat

Winter Wheat

  • Commodity Exchange: Kansas City Board of Trade (KCBOT)
  • Contract Month: September
  • Projected Price: Aug. 15 - Sept. 14 average daily settlement price
  • Harvest Price: July average daily settlement price (August for Wyoming)
Sunflowers

Sunflowers

  • Commodity Exchange: CBOT
  • Contract Month: December
  • Projected Price: February average daily settlement price
  • Harvest Price: October average daily settlement price

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FCSAmerica serves farmers, ranchers, agribusinesses and rural residents in Iowa, Nebraska, South Dakota and Wyoming. For inquiries outside this geography, use the Farm Credit Association Locator  to contact your local office.