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16
Dec
2019
Arkansas corn market report for December 9-13, 2019
Author: Bob Stark, Agricultural Economist

By Bob Stark, Agricultural Economist

The Arkansas 2018 No. 2 Yellow Corn Cash Market enjoyed a stable week of trading over the past week with some strength shown on the back end (Figure 1).  The market opened on Monday at a statewide average of $3.80, just 1 cent under both the opening day price of the previous week and the last trading day prior to the weekend.  Price gained 3 cents on Tuesday before giving it back and more on Wednesday.  The market enjoyed solid gains on the last two trading days of the week and closed on Friday at a statewide average of $3.87, an overall gain of 6 cents for the week.  Highest daily individual market price for the past week was $3.93 at Helena on Friday.  Low quote of the week was $3.61 at Little Rock on Wednesday.  Closing prices on Friday ranged from a low of $3.71 at Little Rock to the high of $3.93 at Helena, a 22 cent range and unchanged from the previous week.  Six markets provided price quotes each day of the past week.

Figure 1. AR 2018 No. 2 Yellow Corn Cash Market Prices (December 9-13, 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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