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17
Nov
2017
Arkansas soybean market report for Nov. 13-17, 2017
Author: Bob Stark, Agricultural Economist

By Bob Stark, Agricultural Economist Over the extended weekend for Veterans Day holiday, the Arkansas 2017 New Crop Soybean Market suffered a 5 cent weekend loss and opened on the past Monday at $9.45, an 11 cent decline from the previous Monday opening price.  The market moved 6 cents lower on Tuesday before establishing an […]

10
Nov
2017
Arkansas soybean market report for Nov. 6-10, 2017 and October monthly summary
Author: Bob Stark, Agricultural Economist

By Bob Stark, Agricultural Economist The Arkansas 2017 New Crop Soybean Market posted an 11 cent weekend gain to start the past week before losing strength and eventually moving lower.  The market opened trading on the past Monday at $9.56, a 16 cent improvement over from the previous Monday opening price.  The market posted gains […]

06
Nov
2017
Arkansas Crop Progress for Week Ending Nov. 5, 2017
Author: Scott Stiles, Extension Economist

For the week ending November 5, USDA reported Arkansas’ soybean harvest to be 94% complete, up from 89% last week.  The 5-year average for the week is 89% harvested.  In October, USDA estimated Arkansas would harvest 3.5 million acres of soybeans with a record state average yield of 51 bushels per acre.  USDA’s Crop Production […]

06
Nov
2017
Arkansas soybean market report for Oct. 31 – Nov. 3, 2017
Author: Bob Stark, Agricultural Economist

By Bob Stark, Agricultural Economist The Arkansas 2017 New Crop Soybean Market gained 1 cent over the weekend and opened trading on the past Monday at $9.40, a 7 cent decline from the previous Monday opening price.  The market posted gains each succeeding day of the week before suffering a sharp loss on Friday.  The […]

31
Oct
2017
Rice market webinar recording now available
Author: Bobby Coats, Professor of Economics

By Bobby Coats, Professor of Economics The recording of the Oct. 26, 2017 webinar U.S. Rice Market Faces Tighter Supplies and Higher Prices in 2017/18 with Nathan Childs, Agricultural Economist with USDA’s Economic Research Service, is now available.  Childs explains the reasons behind and implications of the expected decline in U.S. rice supplies in 2017/18 […]

31
Oct
2017
USDA Announces 2016 Rice PLC Payment Rates
Author: Scott Stiles, Extension Economist

On October 30, 2017 the USDA Farm Service Agency (FSA) announced the 2016 Price Loss Coverage (PLC) payment rates for Long Grain and Medium Grain Rice.  The Agricultural Act of 2014 (aka 2014 Farm Bill) provides payments for covered commodities enrolled in PLC when the Marketing Year Average price is below the statutory Reference Price.  […]

31
Oct
2017
Gulf Urea Prices Retesting 2017 Highs
Author: Scott Stiles, Extension Economist

Last week marked the third straight week of higher urea prices in the NOLA (New Orleans) region. Average prices rose 2% week-over-week to $250 per ton, from $245 the previous week. The highest weekly average for urea prices seen this year was in the week of January 22nd, when prices average $253 per ton.  Historically, […]

30
Oct
2017
Arkansas Crop Progress (Oct. 29, 2017)
Author: Scott Stiles, Extension Economist

Harvest is winding down in Arkansas.  In Monday’s Crop Progress report, NASS estimated that soybean harvest was 89% complete as of October 29 and cotton harvest was 82% complete.    Soybean harvest compares to 91% complete at this point last year and the five year average pace of 82% .  Cotton harvest also lags last year’s […]

27
Oct
2017
Arkansas soybean market report for Oct. 23-27, 2017
Author: Bob Stark, Agricultural Economist

By Bob Stark, Agricultural Economist The Arkansas 2017 New Crop Soybean Market lost 1 cent over the weekend and opened trading on the past Monday at $9.47.  Price moved lower each succeeding day of the week before posting a modest rally on Friday.  The closing statewide average on Friday was $9.39, an overall loss of […]

24
Oct
2017
Arkansas soybean market report for Oct. 16-20, 2017
Author: Bob Stark, Agricultural Economist

By Bob Stark, Agricultural Economist A 7 cent loss over the past weekend gave the Arkansas 2017 New Crop Soybean Market a weakness that carried through the entire past week.  The market opened on Monday at $9.62 and suffered losses of 7 and 8 cents, respectively, on Tuesday and Friday.  The lone positive day was […]