Wednesday, April 17, 2024

University of Arkansas Soybean Economic Notes, Dec. 25, 2020

university of arkansas division of agriculture logoIt looks like Santa may have brought an early present to soybean growers as prices have risen during recent trading days.

Bob Stark, agricultural economics professor with the University of Arkansas’ School of Agriculture and Southeast Research & Extension Center, Monticello, and Jeremy Ross, professor and Extension soybean agronomist, Little Rock, review the trading week in Arkansas ending Dec. 25, 2020.

The U.S. Department of Agriculture-Agricultural Marketing Service will not publish the Arkansas Daily Grain Report Dec. 23-25. The next report is scheduled for Monday, Dec. 28.

This report represents the No. 1 yellow soybeans 2020 crop cash market prices.

The soybean cash market had a great week with no daily declines and double digit gains on multiple days.

Sept. 30 marked the final day of the USDA soybean marketing year. USDA-AMS price quotes shifted from the 2019 crop to 2020 crop in the cash market.

All prices were compiled from the Arkansas Daily Grain Report by the USDA-AMS.

Click here to view the complete reports.

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