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10
Jan
2020
Arkansas corn market report for January 6-10, 2020
Author: Bob Stark, Agricultural Economist

By Bob Stark, Agricultural Economist

The first full 2020 trading week for Arkansas No. 2 Yellow Corn Cash Market saw price stay within a narrow 2 cent range without a clear future movement direction (Figure 1).  The market opened on Monday at a statewide average of $3.98, a 1 cent decline from the previous week closing average.  Price fluctuated between 1 cent over and 1 cent under this level before closing on Friday at a statewide average of $3.99.  The closing price left the market unchanged from the previous week close.  Highest daily individual market price for the past week was $4.14 at Pine Bluff on Friday.  Low quote of the week was $3.73 at Little Rock on Thursday.  Closing prices on Friday ranged from a low of $3.76 at Little Rock to the high of $4.14 at Pine Bluff.  The closing range of 38 cents was 8 cents wider than the previous week.  Seven markets provided price quotes each trading day of the past week.

Figure 1. AR No. 2 Yellow Corn Cash Market Prices (Jan. 6-10, 2020)

(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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