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16
Mar
2020
Arkansas Corn Market Report for March 9-13, 2020
Author: Bob Stark, Agricultural Economist

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

A mild weekend decline in the Arkansas No. 2 Yellow Corn Cash Market was quickly reclaimed to start the past week, but price then moved lower through the remainder of the week (Figure 1).  The market lost 3 cents over the weekend and opened on Monday at a statewide average of $3.90, but that price was still 6 cents above the previous week opening day average.  Price recovered fully on Tuesday to a $3.94 statewide average, but then moved lower each subsequent day, ending the week at a statewide average of $3.81, a 12 cent overall loss for the week compared to the previous week close.  Highest daily individual market price for the week was $4.03 at both West Memphis and Old Town/Elaine on Tuesday.  Low quote of the week was $3.56 at Little Rock on both Thursday and Friday.  Closing prices on the last trading day ranged from the low of $3.56 at Little Rock to a high of $3.91 at both Osceola and West Memphis.  The closing range of 35 cents was unchanged from the previous week.  Six markets provided price quotes each day of the past week.

Arkansas No. 2 Yellow Corn Cash Market Prices for March 9-13, 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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