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Arkansas Corn Market Report for October 19 – 23, 2020
Author: Bob Stark, Agricultural Economist

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

The Arkansas No. 2 Yellow Corn Cash Market continued to strengthen during the past week follow a 2 cent weekend gain (Figure 1).  The market opened trading on Monday at $4.18, a 13 cent gain over the statewide average opening price of the previous week opening day.  Price rose 3 and 5 cents, respectively, on Tuesday and Wednesday.  No USDA-AMS report was published on Thursday.  Friday trading capped the week with an 8 cent gain that lifted the closing statewide average to $4.34, an overall 18 cent gain from the previous week closing average.  Highest daily individual market price for the past week was $4.41 at West Memphis on Friday.  Low quote of the week was $4.10 at Little Rock on Monday.  Seven markets provided quotes each trading day during the past week.  Prices for the closing on Friday from the seven reporting markets ranged from a low of $4.24 at Little Rock to the $4.41 high at West Memphis.  The closing range of 17 cents was 1 cent narrower than the previous week span.

Arkansas No. 2 Yellow Corn Cash Market Prices for October 19 – 23, 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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