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19
Nov
2018
Arkansas corn market report for Nov. 12-16, 2018
Author: Bob Stark, Agricultural Economist

By Bob Stark, Agricultural Economist

The Arkansas 2018 No. 2 Yellow Corn Cash Market had a short week of trading due to the Veterans Day holiday on Monday.  The market lost 4 cents over the extended weekend and opened on Tuesday at a statewide average of $3.68, a decline of 3 cents from the previous week opening day average. Price stayed between that opening level and $3.65 on all trading days.  The market closed on Friday at a statewide daily average of $3.65 (Figure 1). The closing average price left the market 7 cents under the previous Friday closing statewide average.  Highest daily individual market price over the past week was $3.75 at Osceola on Tuesday.  Low quote of the week was $3.60 at Old Town/Elaine on Friday.  End-of-the-week quotes saw Friday closing day prices ranging from the $3.60 low at Old Town/Elaine to a high of $3.71 at Helena. The ending quotes represented a range of 11 cents, a 2 cent narrowing compared to the previous week closing range. The same five individual markets continued to provide price quotes throughout this week as last week.

Figure 1.  AR 2018 No. 2 Yellow Corn Cash Market Prices (Nov. 12-16, 2018)

Figure 1. AR 2018 No. 2 Yellow Corn Cash Market Prices (Nov. 12-16, 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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