Alternative Fuels Data Center: U.S. Soybean and Corn Prices

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.

	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