University of Arkansas Soybean Economic Notes, Nov. 27, 2020

university of arkansas division of agriculture logoBob 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 Nov. 27, 2020.

The soybean cash market finally got some markets above the $12 level at West Memphis and Old Town/Elaine.

This is a short trading week because of Thanksgiving. The U.S. Department of Agriculture Agricultural Marketing Service will not issue another market report until Monday, Nov. 30.

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

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 report.


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