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 5, 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 1 cent gain over the weekend to open at $4.16 on Monday. The statewide average traded higher during the week to close on Friday at $4.25 (Figure 1). Friday’s average price was 10 cents above the previous week’s closing average price. This week’s average daily price range (maximum - minimum) was 6 cents. Four market locations provided price quotes during week (Figure 2).

Figure 1. Corn Cash Market Statistics (February 26 – March 1, 2022)

Figure 2. Corn Cash Market Elevator Prices (February 26 – March 1, 2022)

Table 1. Corn Cash Market Elevator Prices (February 26 – March 1, 2022)

Location	February 26	February 27	February 28	February 29	March 1
Elaine	4.17	4.18	4.23	4.26	4.22
Helena	4.17	4.18	4.23	4.26	4.22
North Little Rock
Osceola	4.14	4.15	4.20	4.28	4.27
West Memphis	4.17	4.18	4.23		4.29

Corn 2024 September - December Booking Market Statistics and Elevator Prices

This week, the booking market average posted a 3 cent gain over the weekend to open at $4.08 on Monday. The statewide average traded higher during the week to close on Friday at $4.19 (Figure 3). Friday’s average price was 14 cents above the previous week’s closing average price. This week’s average daily price range (maximum - minimum) was 6 cents. Three market locations across the state provided price quotes during the week (Figure 4).

Figure 3. Corn 2024 September - December Booking Market Statistics (February 26 – March 1, 2022)

Figure 4. Corn 2024 September - December Booking Market Elevator Prices (February 26 – March 1, 2022)

Table 2. Corn 2024 September - December Booking Market Elevator Prices (February 26 – March 1, 2022)

Location	February 26	February 27	February 28	February 29	March 1
Elaine	4.08	4.12	4.15	4.15	4.10
Helena	4.08	4.12	4.15	4.15	4.10
Osceola
West Memphis	4.08	4.12	4.15	4.25	4.20

(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.)