Total variable input costs for soybeans average $300–$420 per acre in 2026. Seed and herbicides are the largest cost categories, as soybean nitrogen requirements are met by biological fixation.
Soybean input cost budget for 2026: Seed $60–$85/acre, Herbicides $60–$100/acre, P+K maintenance $55–$95/acre, Inoculant $3–$8/acre, Fungicide $0–$45/acre, Fuel+insurance $40–$65/acre. Total: $300–$420/acre.
| Input category | Cost/acre | % of total |
|---|---|---|
| Seed | $60–$85 | 21% |
| Herbicides | $60–$100 | 24% |
| Phosphorus + Potash | $55–$95 | 22% |
| Fungicide (if applied) | $0–$45 | 8% |
| Fuel, insurance, inoculant | $43–$73 | 15% |
| Total variable costs | $300–$420 | 100% |
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