October 2026 WASDE Prices: Corn $4.70, Soybeans $12.00, Wheat $6.30
Introduction
USDA released the October 2026 WASDE (WASDE-676) at noon ET on October 9. For 2026/27, the U.S. season-average farm price is projected at $4.70/bu for corn, $12.00 for soybeans and $6.30 for wheat. Corn and wheat are each $0.10 lower than September; soybeans are unchanged. This is market information from official USDA figures, not investment advice.
October vs September
| Crop (2026/27) | September | October | Change |
|---|---|---|---|
| Corn | $4.80/bu | $4.70/bu | -$0.10 (-2.1%) |
| Soybeans | $12.00/bu | $12.00/bu | $0.00 (0.0%) |
| Wheat | $6.40/bu | $6.30/bu | -$0.10 (-1.6%) |
The September baseline matches the official September report: corn $4.80, soybeans $12.00, wheat $6.40/bu.
Corn
Corn yield is raised to 181.2 bu/acre (+2.7) and production to 16.0 billion bushels. Ending stocks rise to 1.8 billion bushels, above the pre-report average expectation of 1.677 billion, so the price is lowered to $4.70/bu.
Soybeans
Soybean production is 4.56 billion bushels at 53.1 bu/acre. Ending stocks are 315 million bushels, near expectations, and the price is unchanged at $12.00/bu.
Wheat
U.S. wheat production is 1.534 billion bushels, the smallest since 1970, but ending stocks rise to 740 million bushels and the price is lowered to $6.30/bu. World ending stocks are 276.0 MMT.
Conclusion
October WASDE: corn $4.70, soybeans $12.00, wheat $6.30/bu for 2026/27. Use our break-even price calculator to test these benchmarks on your farm.
References
- USDA WASDE-676, October 9, 2026. https://www.usda.gov/oce/commodity/wasde/wasde1026.pdf
- USDA WASDE report page. https://www.usda.gov/about-usda/general-information/staff-offices/office-chief-economist/commodity-markets/wasde-report
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Frequently Asked Questions
What did USDA project for 2026/27 corn, soybean and wheat prices in October 2026?
Corn $4.70, soybeans $12.00 and wheat $6.30 per bushel.
How did those prices change from September 2026?
Corn and wheat are each $0.10 lower; soybeans are unchanged.
Why was corn lowered?
A higher yield (181.2 bu/acre), 16.0 billion bushels of production and ending stocks of 1.8 billion bushels loosened the balance.
Is this investment advice?
No. This article summarizes official USDA figures for farm planning; individual results vary by location, basis and costs.
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