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24
Feb
2020
Arkansas Corn Market Report for February 17-21, 2020
Author: Bob Stark, Agricultural Economist

By Bob Stark, Agricultural Economist and Jason Kelley, Extension Agronomist – Wheat and Feed Grains

The generally steady prices of the previous week were left behind by the Arkansas No. 2 Yellow Corn Cash Market as the past short week of trading saw a steady decline (Figure 1).  No report was issued by USDA-AMS on Monday in observance of Presidents’ Day.  The market gained 2 cents over the extended weekend and opened on Tuesday at a statewide average of $3.97, a 1 cent improvement from the previous week opening day average.  Price lost 1 to 2 cents daily before closing on Friday at a statewide average of $3.92, a 3 cent decline for the week compared to the previous week close.  Highest daily individual market price for the short week was $4.05 at both Osceola and Pine Bluff on Tuesday.  Low quote of the week was $3.67 at Little Rock on Friday.  Closing prices on Friday ranged from the low of $3.67 at Little Rock to a high of $4.01 at Pine Bluff.  The closing range of 34 cents was 1 cent narrower than the previous week.  Five markets provided price quotes on each trading day of the past week.

Arkansas No. 2 Yellow Corn Cash Market Prices for February 17-21, 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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