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25
Dec
2018
Arkansas corn market report for December 17-21, 2018
Author: Bob Stark, Agricultural Economist

By Bob Stark, Agricultural Economist

Arkansas 2018 No. 2 Yellow Corn Cash Market lost 1 cent over the past weekend and never gained strength, even suffering a late week decline.  The market opened on Monday at a statewide average of $3.85 and remained within 1 cent of that level until a Thursday 7 cent loss.  The market regained 3 cents on Friday and closed for the week at a Pre-Christmas statewide average of $3.80, a 6 cent decline from the previous Friday statewide closing average (Figure 1).  The market traded over a wider range than in the previous week.  Highest daily individual market price over the past week was $3.96 at Pine Bluff on Tuesday.  Low quote of the week was $3.60 at Little Rock on Thursday.  Market reporting continued to expand as Helena resumed providing price quotes for this week.  End-of-the-week quotes saw Friday closing day prices ranging from a low of

$3.64 at Little Rock to a high of $3.89 at Pine Bluff.  The ending quotes represented a range of 25 cents, a 5 cent widening compared to the previous week closing range.

Figure 1.  AR 2018 No. 2 Yellow Corn Cash Market Prices (December 17-21, 2018)

Figure 1. AR 2018 No. 2 Yellow Corn Cash Market Prices (December 17-21, 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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