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Arkansas corn cash market report for September 10-14, 2018
Author: Bob Stark, Agricultural Economist

By Bob Stark, Agricultural Economist

The Arkansas 2018 No. 2 Yellow Corn Cash Market lost 1 cent over the past weekend and suffered a major loss on Wednesday toward an overall lower close (Figure 1).  The market opened on Monday at a statewide average of $3.52, just 1 cent under the first day of trading in the previous week.  But a 2 cent Tuesday loss was followed by a 15 cent decline on Wednesday.  The market then dropped another cent on Thursday to end the week.  No market report was submitted by AMS on Friday.  The closing statewide average of $3.34 on Thursday was 19 cents under the previous Friday statewide average.  Highest daily individual market price over the past week was $3.58 at Pine Bluff on both Monday and Tuesday.  Low quote of the week was $3.26 at West Memphis and Old Town/Elaine on Thursday.  End-of-the-week quotes saw Thursday closing day prices ranging from the $3.26 low at West Memphis and Old Town/Elaine to a high of $3.42 at Pine Bluff.  The ending quotes represented a range of 16 cents, a 5 cent widening compared to the previous week closing range.  Seven individual markets ended the week providing price quotations as Osceola resumed reporting.

Figure 1.  AR 2018 No. 2 Yellow Corn Cash Market Prices (Sept. 10-14, 2018)

Figure 1. AR 2018 No. 2 Yellow Corn Cash Market Prices (Sept. 10-14, 2018)

(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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