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15
Feb
2019
Arkansas Corn Market Report for February 11-15, 2019
Author: Bob Stark, Agricultural Economist

By Bob Stark, Agricultural Economist

The Arkansas 2018 No. 2 Yellow Corn Cash Market lost 2 cents over the weekend from the previous Friday closing price.  The market moved higher to midweek before suffering a Thursday decline that held steady on Friday (Figure 1).  Trading opened on Monday at a statewide average of $3.82, down 6 cents from the previous week opening day.  Price rose a total of 7 cents through Wednesday before giving almost half back on Thursday.  A steady trading day on Friday left the market at $3.86 for a closing average, 2 cents over the closing mark on the previous Friday.  Highest daily individual market price over the past week was $4.04 at Pine Bluff on Wednesday.  Low quote of the week was $3.58 at Little Rock on Monday.  Friday closing day prices ranged from a low of $3.60 at Little Rock to a high of $4.00 at Pine Bluff.  These ending quotes represented a range of 40 cents, 3 cents wider than the previous week closing range.  End-of-the-week quotes were provided by six markets.

Figure 1. AR 2018 No. 2 Yellow Corn Cash Market Prices (Feb. 11-15, 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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