By Bob Stark, Agricultural Economist
The past week of reporting for the Arkansas 2018 No. 2 Yellow Corn Cash Market began with a weekend loss of 4 cents compared to the previous Friday closing price. The market traded within a 5 cent window throughout the week before closing on Friday with price unchanged from the previous Friday mark (Figure 1). The Friday statewide average to close this week stood at $3.81. Highest daily individual market price for the past week was $3.92 at Helena on Tuesday. Low quote of the week was $3.67 at Little Rock on Wednesday. Closing prices on Friday ranged from a low of $3.69 at Little Rock to a high of $3.91 at Helena. The 24 cent range was 10 cents wider than the previous week spread.
(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.)