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20
May
2019
Arkansas Corn Market Report for May 13-17, 2019
Author: Bob Stark, Agricultural Economist

By Bob Stark, Agricultural Economist

The past seven day period was an “up week” for Arkansas 2018 No. 2 Yellow Corn Cash Market.  The uptick started with a 3 cent weekend gain. Market price then had increases of 1 to 11 cents per day for the entire week (Figure 1).  Price opened on Monday at $3.60, 11 cents under the previous Monday level.  The daily gains of various sizes took cash corn higher with a Friday closing statewide average of $3.88, 31 cents above the closing mark of the previous week.  Highest daily individual market price over the past week was $4.08 at Pine Bluff on Friday.  Low quote of the week was $3.47 at Little Rock on Monday.  The closing day prices ranged from a low of $3.73 at Little Rock to the high of $4.08 at Pine Bluff.  These ending quotes represented a range of 35 cents, unchanged for the third consecutive week.  Six markets provided daily price quotes for the entire week.

Figure 1. AR 2018 No. 2 Yellow Corn Cash Market Prices (May 13-17, 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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