The Arkansas cash soybean market lost 7 cents over the fourth weekend of January and opened at $13.88. The trading week lost another 30 cents on Tuesday before steadily regaining most of the lost ground and stabilizing to end the week at $13.81, an overall 14 cent decline from the previous Friday closing price. Cash beans have now lost a total of 26 cents since their last weekend close above $14.00, the January 14 closing mark of $14.07. High individual market daily average for the week was $14.15 at West Memphis on Monday. The lowest individual market daily average was found on Tuesday with $13.39 reported at both Jonesboro and Wheatley.
(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.)
Provided by:
Bob Stark, Agricultural Economist
Southeast Research & Extension Center
University of Arkansas at Monticello
stark@uamont.edu - (870) 460-1091
Provided by:
Bob Stark, Agricultural Economist
Southeast Research & Extension Center
University of Arkansas at Monticello
stark@uamont.edu - (870) 460-1091
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