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Arkansas soybean market report for Jan. 29 – Feb. 2, 2018 and Jan. monthly summary
Author: Bob Stark, Agricultural Economist

By Bob Stark, Agricultural Economist

The Arkansas 2017 Crop Soybean Cash Market gained 6 cents over the past weekend and opened on Monday at $9.79, 4 cents above the previous Monday opening price.  The market posted an additional gain on Tuesday before suffering a steady decline through the remainder of the week.  Trading closed on Friday with a $9.61 statewide average, 12 cents under the previous week closing price (Figure 1).  High daily individual market price over the past week was $10.04 at Osceola on Tuesday, the first time that the market has exceeded the $10.00 level at any location since early August.  The low quote of the week was $9.49 at Jonesboro, Wynne, and Des Arc on Friday.  End-of-the-week quotes saw the Friday closing day prices ranging from the low of $9.49 at Jonesboro, Wynne, and Des Arc to a high of $9.80 at Helena.  Only ten markets were continuing to provide market quotes by the end of the week as three dropped out midweek.

Continue reading…February 2, 2018 SOYBEAN NOTES with January 2018 Crop Monthly Summaries

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