CORN BIDS & HOURS

We purchase 288 million bushels of corn each year for processing at our network of ethanol plants. This adds up to more than just a transaction. It’s the basis for creating valuable products, jobs and stronger communities to help power our nation. 

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Mailing Address

2585 Quail Ave Arthur, Iowa 51431

Merchandising Office

712-367-2737

Scale Office

712-367-2715

Fax Number

712-367-2405

Email

ArthurFlintHills@fhr.com

Receiving Hours:

Corn Receiving Hours:

Week of October 15th
Mon-Tue: 7am-7pm up to 28%
Wed-Sun: 7am-7pm

All loads delivered without a contract will be sold at the closing price on the day corn is delivered.

Please let us know prior to delivery if you want to defer your money. All deferred settlements must be signed and returned within 30 days of the first delivery on the contract. Thank you!

MONTH BID BASIS FUTURES FUTURES MONTH PRICE CHANGE
2018          
Oct/Nov 3.29 -0.45 3.7400 Z18 -0.0425
LH Nov 3.39 -0.35 3.7400 Z18 -0.0425
December 3.44 -0.30 3.7400 Z18 -0.0425
2019          
January 3.50 -0.36 3.8600 H19 -0.0425
February 3.52 -0.34 3.8600 H19 -0.0425
March 3.54 -0.32 3.8600 H19 -0.0425
April 3.58 -0.35 3.9300 K19 -0.0425
May 3.60 -0.33 3.9300 K19 -0.0425
June 3.62 -0.36 3.9800 N19 -0.0425
July 3.64 -0.34 3.9800 N19 -0.0425
August 3.66 -0.33 3.9925 U19 -0.0400
September 3.66 -0.33 3.9925 U19 -0.0400
Oct/Nov 3.59 -0.45 4.0400 Z19 -0.0400
December 3.69 -0.35 4.0400 Z19 -0.0400
2020          
January 3.76 -0.38 4.1350 H20 -0.0300
February 3.78 -0.36 4.1350 H20 -0.0300
March 3.80 -0.34 4.1350 H20 -0.0300
April 3.81 -0.38 4.1900 K20 -0.0275
May 3.83 -0.36 4.1900 K20 -0.0275
June 3.85 -0.38 4.2275 N20 -0.0250
July 3.87 -0.36 4.2275 N20 -0.0250
August 3.87 -0.32 4.1850 U20 0.0
September 3.87 -0.32 4.1850 U20 0.0
October 3.71 -0.45 4.1600 Z20 -0.0275

Price as of 10/16/2018 11:55:06 AM CST. Refresh for current price. All future prices are delayed at least 10 minutes.

Fall Discount Schedule
Accepting corn up to 28%
2 cents/bu/pt drying fee, down to 15.5%
1.4% Shrink for each 1% over 15.5% (calculated to the nearest tenth)

Basis Contracts available with 75% advance payment. Call for details and to sign up.

Now offering no-fee HTA's.

If you'd like to defer your payment, please let us know when you contract, or prior to delivery. All deferred contracts must be signed within 30 days of when the first load was delivered on the settlement. Deferred settlements will be paid, if we do not have your signature on day 30. Thank you.

  FHR App Now Available!
Download our app to get cash bids on your phone! https://bushel.ag/flint-hills-resources/
Click here for additional usage directions!

Tom Hickey
Commercial Manager
(712)367-2723 Cell: (515)851-2458
Tom.Hickey@fhr.com
 
Brianne Streck
Senior Merchandiser
(712)367-2712 Cell: (712)369-3238
Brianne.Streck@fhr.com
 
Liz Gehling
Merchandiser Assistant
(712)367-2742 Cell: (712)369-1072
Elizabeth.Gehling@fhr.com
 
Ross Baldwin
Senior Trader
(712)367-2718
Ross.Baldwin@fhr.com

Kevin Clausen
General Manager - Grain Merchandising and Trading
(712)367-2737
Kevin.Clausen@fhr.com

Pricing / Payment

All bushels delivered without a contract will be priced at the close of the day of delivery.

We advance payment on basis contracts, call for details.

If you'd like to defer your payment, you'll need to let us know when you make your contract or prior to delivery. Thanks for your cooperation! 712-367-2737

FHR is testing for vomitoxin and high levels will be rejected.


Distillers

If you have interest in purchasing either dry or modified distillers from Arthur, please call 712-367-2737 and talk with Liz - all customers will need to be setup prior to purchase/pickup of product. Thank you!
Flint Hills Resources - Credit Application 

Flint Hills Resources - Direct Debit Authorization Agreement

 
 DDGS Loading Hours

Mon - Fri:  7am - 5pm
Sat - Sun:  Closed

ARTHUR CORN GRADES AND DISCOUNTS

All corn is settled on a load by load basis and discounts are applied at time of unload. All loads delivered without a contract will be sold at the closing price on the day corn is delivered. Saturday and Sunday loads will be priced using Friday’s close.


Moisture
Corn over 28%: Subject to rejection.
Drying Charge: 2 cents for each point over 15.5%
Shrink: 1.4% for each 1.0% over 15.5% calculated to the nearest tenth. (1.18% moisture shrink and 0.22% handling loss)

Test Weight
$.01/bushel for each pound below 54.0 to 50. $.02/bushel for each pound below 49.9 and subject to rejection.
>54.0 - No Discount
53.9 - 53.0 - $.01
52.9 - 52.0 - $.02
51.9 - 51.0 - $.03
50.9 - 50.0 - $.04
<49.9 - additional $.02 per point. Subject to rejection.

Damage
5.1% to 10.0% - $.02 cents per point
10.1% to 15.0% - $.03 cents per point
15.1% and up - $.03 cents per point. Subject to rejection.

Foreign Material
3.1% to 7.0% - $.02 cents per point
7.1% to 10.0% - $.04 cents per point
10.1% and up - $.04 cents per point.  Subject to rejection.

Other
Sour - $.10 cents Subject to rejection
Musty - $.10 cents Subject to rejection
Infested - $.10 Subject to rejection

We do not accept any form of treated seed. 
FHR is testing for vomitoxin and high levels will be subject to rejection.

Updated 1/4/18. Subject to change without notice.

 

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