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26
Nov
2018
Arkansas corn market report for November 19-23, 2018
Author: Bob Stark, Agricultural Economist

By Bob Stark, Agricultural Economist

The Arkansas 2018 No. 2 Yellow Corn Cash Market had another short week of trading due to the Thanksgiving Day holidays on Thursday and Friday.  The market lost 3 cents over the previous weekend and opened on Monday at a statewide average of $3.62, a decline of 6 cents from the previous week opening day average. Price varied no more than 1 cent from the opening level on all three trading days of the past week.  The market closed on Wednesday at a statewide daily average of $3.62 (Figure 1).  The closing average price left the market 3 cents under the previous Friday closing statewide average.  Highest daily individual market price over the past week was $3.68 at Helena on both Monday and Wednesday.  Low quote of the week was $3.56 at Old Town/Elaine on Tuesday.  End-of-the-week quotes saw Wednesday closing day prices ranging from a low of $3.57 at Old Town/Elaine to the high of $3.68 at Helena. The ending quotes represented a range of 11 cents, unchanged compared to the previous week closing range.  The same five individual markets continued to provide price quotes throughout this week.

Figure 1.  AR 2018 No. 2 Yellow Corn Cash Market Prices (Nov. 19-23, 2018)

Figure 1. AR 2018 No. 2 Yellow Corn Cash Market Prices (Nov. 19-23, 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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