Harvest prices for corn, soybeans and wheat were all above spring crop insurance prices, increasing revenue guarantees for farmers with Revenue Protection policies that include the harvest price option. For corn, the harvest price is 2.8 percent above the spring price, which is the first increase since 2022. Soybean harvest prices are up nearly 14 percent, the first uptick since 2021. Compared to 2025, harvest prices are 12.6 percent higher for corn and 22 percent higher for soybeans. Wheat is up nearly 12 percent from spring and up 22 percent from last year. According to a new report from Farm Bureau Market Intel says higher harvest prices increase insurance protection but may not improve farm profitability because of high production costs.
