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29
Mar
2011
2010 Crop – Soybean Cash Market Prices (March 21 – 25, 2011)
Author: Bob Stark, Agricultural Economist

A modest 2 cent increase over the weekend market break was a foreshadowing of a rather lackluster trading week as the Arkansas soybean cash market opened at $13.49 and stayed within a 15 cent spread throughout the week. The Arkansas cash market had three days of small gains spread around a 15 cent loss day before closing the week at $13.45 on Friday, an overall 2 cent loss from the previous Friday closing mark. High individual market daily average for the week was $13.73 at West Memphis on Monday. West Memphis, Helena and Old Town/Elaine on Tuesday were the only other market quotes at $13.70 or above during the week. The lowest individual market daily average was on Wednesday with $13.20 reported at both Jonesboro and Wheatley.

10 Crop - SB Cash Market Prices (3-21 to 3-25, 2011)

(Market average prices stated in this report are unweighted averages of the state markets surveyed by NASS. Price data was based on USDA LR GR111 Arkansas Daily Grain Reports.)


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