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22
Oct
2018
Arkansas corn market report for October 15-19, 2018
Author: Bob Stark, Agricultural Economist

By Bob Stark, Agricultural Economist

The Arkansas 2018 No. 2 Yellow Corn Cash Market remained basically unchanged over the weekend prior to this past trading week and opened on Monday at a statewide average of $3.66, an improvement of 7 cents over the previous Monday opening average.  From Monday, price trended slightly lower each day reaching the weekly low daily average of $3.58 on Friday (Figure 1).  The closing average price left the market 8 cents under the previous Friday closing statewide average.  Highest daily individual market price over the past week was $3.78 at Little Rock on Monday.  Low quote of the week was $3.40 at Blytheville on Tuesday.  The Blytheville market daily quote movements varied somewhat from the other state markets, although it closed the week with roughly the same overall outcome.  End-of-the-week quotes saw Friday closing day prices ranging from a $3.50 low at Blytheville to a high of $3.67 at Little Rock.  The ending quotes represented a range of 17 cents, just a 1 cent narrowing compared to the previous week closing range.  The same five individual markets continued to provide price quotations throughout the past week.

Figure 1.  AR 2018 No. 2 Yellow Corn Cash Market Prices (October 15-19, 2018)

Figure 1. AR 2018 No. 2 Yellow Corn Cash Market Prices (October 15-19, 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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