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Arkansas corn market report for February 4-8, 2019
Author: Bob Stark, Agricultural Economist

By Bob Stark, Agricultural Economist

The Arkansas 2018 No. 2 Yellow Corn Cash Market gained 3 cents over the weekend from the previous Friday closing price.  Market movement through the remainder of the week stayed within an overall 6 cent range (Figure 1).  Trading opened on Monday at a statewide average of $3.88, up 5 cents from the previous week opening day.  Price rose 2 cents on Tuesday before declining each of the remaining trading days of the week. Friday saw the market at $3.84 for a closing average, 1 cent under the closing mark on the previous Friday.  Highest daily individual market price over the past week was $4.02 at Pine Bluff on Tuesday.  Low quote of the week was $3.59 at Little Rock on Friday.  End-of-the-week quotes were provided by six markets as Blytheville, West Memphis, and Osceola resumed providing quotes.  Friday closing day prices ranged from the low of $3.59 at Little Rock to a high of $3.96 at Pine Bluff.  These ending quotes represented a range of 37 cents, 2 cents wider than the previous week closing range.

Figure 1. AR 2018 No. 2 Yellow Corn Cash Market Prices (Feb. 4-8, 2019)

(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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