Michigan Grain Market Benchmarks

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January 5, 2026 - Jonathan LaPorte<laportej@msu.edu>

The Michigan Grain Market Benchmarks report is a summary of price data from the USDA National Agricultural Statistics Service (NASS). Commodities included in the report are corn, soybeans, and wheat dating back to 1980. Prices included are based on monthly cash prices received for Michigan growers, an average calendar average, and a marketing year average for each commodity.

Note: Marketing year average prices are a weighted average released by USDA NASS influenced by percentage of sales during the marketing year. Marketing years for corn and soybeans begin on September 1 and end August 31. The marketing year for wheat begins on June 1 and ends May 31.

In addition to the price data, several graphs outline price trends for all three commodities. A graph outlining the historical trend of Michigan’s corn/soybean ratio is also provided. All graphs are based on market year average prices.

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Authors

Jonathan LaPorte
laportej@msu.edu

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