Arkansas Corn Cash and Booking Market Reports

by Brian Deaton Associate Professor-UAM College of Forestry, Agriculture, and Natural Resources, Monticello and Extension Economist, UA Division of Agriculture Jason Kelley Professor and Extension Agronomist – Wheat & Feed Grains University of Arkansas Cooperative Extension Service, Little Rock - March 11, 2024

This report is a weekly newsletter summarizing cash market and forward price quotes from selected markets as reported to the USDA Agricultural Marketing Service in Arkansas.

Corn Cash Market Statistics and Elevator Prices

The Arkansas No. 2 Yellow Corn cash market posted a 6 cent gain over the weekend to open at $4.31 on Monday. The statewide average traded higher during the week to close on Friday at $4.44 (Figure 1). Friday’s average price was 19 cents above the previous week’s closing average price. This week’s average daily price range (maximum - minimum) was 9 cents. Four market locations provided price quotes during week (Figure 2).

Figure 1. Corn Cash Market Statistics (March 4 – March 8, 2022)

Figure 2. Corn Cash Market Elevator Prices (March 4 – March 8, 2022)

Table 1. Corn Cash Market Elevator Prices (March 4 – March 8, 2022)

Location	March 4	March 5	March 6	March 7	March 8
Elaine	4.28	4.24	4.29	4.38	4.40
Helena	4.28	4.24	4.29	4.38	4.40
North Little Rock
Osceola	4.35	4.31	4.36	4.46	4.48
West Memphis	4.35	4.31	4.39	4.48	4.50

Corn 2024 August - December Booking Market Statistics and Elevator Prices

This week, the booking market average posted a 2 cent gain over the weekend to open at $4.21 on Monday. The statewide average traded higher during the week to close on Friday at $4.30 (Figure 3). Friday’s average price was 11 cents above the previous week’s closing average price. This week’s average daily price range (maximum - minimum) was 27 cents. Four market locations across the state provided price quotes during the week (Figure 4).

Figure 3. Corn 2024 August - December Booking Market Statistics (March 4 – March 8, 2022)

Figure 4. Corn 2024 August - December Booking Market Elevator Prices (March 4 – March 8, 2022)

Table 2. Corn 2024 August - December Booking Market Elevator Prices (March 4 – March 8, 2022)

Location	March 4	March 5	March 6	March 7	March 8
Elaine	4.15	4.11	4.13	4.22	4.24
Helena	4.15	4.11	4.13	4.22	4.24
Osceola	4.26	4.22	4.23	4.32	4.35
West Memphis	4.25	4.21	4.23	4.32	4.34

(Market average prices stated in this report are unweighted averages of the state markets surveyed by USDA-AMS. Price data is based on the Arkansas Daily Grain Bids Report.)