U.S. Soybean and Corn Prices
| 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
| Corn Price | 3.9207999999999994 | 3.9687999999999994 | 3.3372 | 3.14 | 4.5904 | 6.216 | 5.765199999999999 | 5.0409999999999995 | 7.200199999999999 | 8.459200000000001 | 9.0948 | 5.798 | 4.672 | 4.6208 | 4.2672 | 4.1328 | 4.3681 | 4.2364 | 5.2548 | 6.84 | 6.9324 | 4.8 |
| Soy Price | 9.3457 | 12.0376 | 9.298800000000002 | 8.8862 | 9.709299999999999 | 14.948 | 14.1574 | 13.6178 | 15.707 | 17 | 19.008 | 16.9 | 13.056 | 11.456 | 12.0269 | 11.4759 | 10.2608 | 10.1983 | 12.528 | 15.162 | 15.052 | 12.7 |
Source: United States Department of Agriculture, National Agriculture Statistics Service, Crop Values Annual Summary
Notes: Prices are adjusted for inflation and expressed in 2023 U.S. dollars.
This chart shows soybean and corn prices in the United States, adjusted for inflation, from 2002 to 2023. As with other agricultural commodities, prices for corn and soybeans fluctuate because of several complex factors, including adverse regional weather conditions, major wars, oil prices, global currency fluctuations, and market speculation. This chart shows that, when corrected for inflation, both corn and soy prices are historically low but have fluctuated since 2002.
To view more details, notes, and acronyms, please download the Excel spreadsheet.
