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 Dec 4th
Mon- Fri: 7am-5pm
Sat/Sun: Closed

Week of Dec 11th
Mon- Fri: 7am-5pm
Sat: TBD
Sun: Closed
 

MONTH BID BASIS FUTURES FUTURES MONTH PRICE CHANGE
2017          
December 3.23 -0.30 3.5275 H18 0.0125
2018          
January 3.23 -0.30 3.5275 H18 0.0125
February 3.24 -0.29 3.5275 H18 0.0125
March 3.24 -0.29 3.5275 H18 0.0125
April 3.23 -0.38 3.6100 K18 0.0100
May 3.25 -0.36 3.6100 K18 0.0100
June 3.31 -0.38 3.6925 N18 0.0075
July 3.33 -0.36 3.6925 N18 0.0075
August 3.41 -0.36 3.7650 U18 0.0100
September 3.41 -0.36 3.7650 U18 0.0100
Oct/Nov 3.40 -0.45 3.8500 Z18 0.0100
December 3.50 -0.35 3.8500 Z18 0.0100
2019          
January 3.55 -0.40 3.9475 H19 0.0100
February 3.57 -0.38 3.9475 H19 0.0100
March 3.59 -0.36 3.9475 H19 0.0100
April 3.62 -0.39 4.0125 K19 0.0050
May 3.64 -0.37 4.0125 K19 0.0050
June 3.67 -0.39 4.0600 N19 0.0050
July 3.67 -0.39 4.0600 N19 0.0050
August 3.70 -0.35 4.0475 U19 0.0025
September 3.70 -0.35 4.0475 U19 0.0025
Oct/Nov 3.63 -0.45 4.0750 Z19 0.0025
December 3.68 -0.40 4.0750 Z19 0.0025

Price as of 12/10/2017 6:19:36 PM CST. Refresh for current price. All future prices are delayed at least 10 minutes.


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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