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18
Nov
2019
Arkansas corn market report for Nov. 11-15, 2019
Author: Bob Stark, Agricultural Economist

By Bob Stark, Agricultural Economist

The past week of reporting for the Arkansas 2018 No. 2 Yellow Corn Cash Market began on Tuesday as USDA-NASS celebrated Veterans Day holiday on Monday.  The market lost 1 cent over the extended weekend and opened on Tuesday at $3.87, unchanged compared to the prior week opening day.  Market price generally weakened throughout the week, reaching its low in Friday closing trade (Figure 1).  The Friday statewide average stood at $3.81, a 7 cent decline from the previous week closing day average.  Highest daily individual market price for the past week was $3.92 at West Memphis, Helena, and Old Town/Elaine on Tuesday.  Low quote of the week was $3.71 at Little Rock on Friday. Closing prices on Friday ranged from the low of $3.71 at Little Rock to a high of $3.85 at West Memphis, Helena, and Old Town/Elaine.  The 14 cent range was unchanged compared to the previous week. 

Figure 1. AR 2018 No. 2 Yellow Corn Cash Market Prices (Nov. 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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