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 Nov 20th
Wed: 7am-3pm
Thurs: Closed- Happy Thanksgiving!
Fri-Sat: 7am-3pm

Week of Nov 27th
Mon- Fri: 7am-5pm
Sat: 7am-3pm
Sun: Closed

Reminder- All unpriced contracts vs December futures need to be priced or rolled by November 27th at the close. Thanks!  

Basis contracts available with 75%
advance payment.

MONTH BID BASIS FUTURES FUTURES MONTH PRICE CHANGE
2017          
November 3.19 -0.26 3.4525 Z17 0.0025
December 3.22 -0.23 3.4525 Z17 0.0025
2018          
January 3.22 -0.35 3.5700 H18 0.0075
February 3.23 -0.34 3.5700 H18 0.0075
March 3.24 -0.33 3.5700 H18 0.0075
April 3.27 -0.38 3.6525 K18 0.0075
May 3.29 -0.36 3.6525 K18 0.0075
June 3.35 -0.38 3.7325 N18 0.0100
July 3.37 -0.36 3.7325 N18 0.0100
August 3.45 -0.36 3.8050 U18 0.0100
September 3.45 -0.36 3.8050 U18 0.0100
Oct/Nov 3.44 -0.45 3.8900 Z18 0.0100
December 3.54 -0.35 3.8900 Z18 0.0100
2019          
January 3.58 -0.40 3.9775 H19 0.0100
February 3.60 -0.38 3.9775 H19 0.0100
March 3.62 -0.36 3.9775 H19 0.0100
April 3.65 -0.39 4.0350 K19 0.0075
May 3.67 -0.37 4.0350 K19 0.0075
June 3.69 -0.39 4.0825 N19 0.0050
July 3.69 -0.39 4.0825 N19 0.0050
August 3.71 -0.35 4.0625 U19 0.0075
September 3.71 -0.35 4.0625 U19 0.0075
Oct/Nov 3.65 -0.45 4.0975 Z19 0.0100

Price as of 11/23/2017 5:12:36 AM CST. Refresh for current price. All future prices are delayed at least 10 minutes.


Harvest 2017
Accepting corn up to 28% moisture.
2 cents/point drying and 1.4% shrink down to 15.5%.

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

If you'd like to defer your payment, please let us know when you contract or prior to delivery. Thank you!
 
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

Moisture

1.4% shrink for each 1.0% over 15.5%
2 Cents drying charge for each point over 15.5%
Corn over 28% Subject to Rejection
All discounts subject to change without notice
 

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!
 

Arthur 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 9/18/17. Subject to change without notice.

Printable Discount Schedule.pdf

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