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:

Week of December 10th
Sat: 7am-3pm
Sun: Closed

Week of December 17th
Mon-Fri: 7am-5pm
Sat-Sun: Closed

Week of December 24th
Mon-Tue: Closed
Wed-Fri:7am-5pm
Sat-Sun: Closed

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          
December 3.55 -0.30 3.8475 H19 0.0050
2019          
January 3.56 -0.29 3.8475 H19 0.0050
February 3.57 -0.28 3.8475 H19 0.0050
March 3.58 -0.27 3.8475 H19 0.0050
April 3.62 -0.30 3.9225 K19 0.0050
May 3.64 -0.28 3.9225 K19 0.0050
June 3.69 -0.30 3.9875 N19 0.0050
July 3.71 -0.28 3.9875 N19 0.0050
August 3.70 -0.30 4.0000 U19 0.0025
September 3.70 -0.30 4.0000 U19 0.0025
Oct/Nov 3.69 -0.35 4.0375 Z19 0.0
December 3.76 -0.28 4.0375 Z19 0.0
2020          
January 3.79 -0.34 4.1275 H20 0.0
February 3.81 -0.32 4.1275 H20 0.0
March 3.83 -0.30 4.1275 H20 0.0
April 3.84 -0.34 4.1775 K20 0.0
May 3.85 -0.33 4.1775 K20 0.0
June 3.88 -0.34 4.2225 N20 0.0
July 3.88 -0.34 4.2225 N20 0.0
August 3.85 -0.30 4.1475 U20 -0.0025
September 3.85 -0.30 4.1475 U20 -0.0025
Oct/Nov 3.74 -0.42 4.1575 Z20 -0.0050
December 3.81 -0.35 4.1575 Z20 -0.0050

Price as of 12/16/2018 7:19:52 AM CST. Refresh for current price. All future prices are delayed at least 10 minutes.

Discount Schedule
Accepting corn up to 20%
No 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.

  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!

Brianne Streck
Senior Merchandiser
(712)367-2712 Cell: (712)369-3238
Brianne.Streck@fhr.com
 
Ross Baldwin
Senior Merchandiser
(712)367-2718 Cell: (712)870-0556
Ross.Baldwin@fhr.com

Liz Gehling
Merchandiser Assistant
(712)367-2742 Cell: (712)369-1072
Elizabeth.Gehling@fhr.com
 
Kevin Clausen
General Manager - Grain Merchandising and Trading
(712)367-2737
Kevin.Clausen@fhr.com

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!
Biofuels and Ingredients Applications

 
 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 20%: Subject to rejection.
Drying Charge: None
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 12/1/18. Subject to change without notice.

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