By Bob Stark, Agricultural Economist
A 5 cent weekend decline in the Arkansas 2017 Crop Soybean Cash Market placed the Monday statewide average at $9.43, 20 cents under the previous Monday opening price. The weekly trend was established as the market proceeded lower throughout the week to close on Friday at a $9.33 statewide average, 15 cents under the previous week closing price (Figure 1). High daily individual market price over the past week was $9.64 at Osceola on Monday. The low quote of the week was $9.14 at Jonesboro and Des Arc on Thursday. End-of-the-week quotes saw Friday closing day prices ranging from a $9.15 low at Jonesboro and Des Arc to a high of $9.57 at Helena. The ending quotes represented a range of 42 cents, a 1 cent narrowing from the previous week closing range. Thirteen individual markets provided price quotations throughout the week as Pine Bluff rejoined the reporting markets on Thursday after being absent for exactly one week.
See full reports by clicking the links: