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
Monday - Friday: 7am - 5pm
Saturday: 7am - 3pm

Distillers Loading
Monday - Friday: 7am - 5pm
Saturday - Sunday: Closed

Basis contracts available with 75%
advance payment.

Now accepting delivery of April Contracts

MONTH BID BASIS FUTURES FUTURES MONTH PRICE CHANGE
2017          
March 3.25 -0.32 3.5725 K17 -0.0050
April 3.25 -0.32 3.5725 K17 -0.0050
May 3.25 -0.32 3.5725 K17 -0.0050
June 3.26 -0.39 3.6500 N17 -0.0050
July 3.26 -0.39 3.6500 N17 -0.0050
August 3.30 -0.42 3.7225 U17 -0.0100
September 3.30 -0.42 3.7225 U17 -0.0100
Oct/Nov 3.41 -0.40 3.8075 Z17 -0.0100
Nov 16-30 3.43 -0.38 3.8075 Z17 -0.0100
December 3.48 -0.33 3.8075 Z17 -0.0100
2018          
January 3.53 -0.37 3.9000 H18 -0.0100
February 3.53 -0.37 3.9000 H18 -0.0100
March 3.55 -0.35 3.9000 H18 -0.0100
April 3.57 -0.38 3.9525 K18 -0.0125
May 3.57 -0.38 3.9525 K18 -0.0125
June 3.58 -0.40 3.9825 N18 -0.0175
July 3.58 -0.40 3.9825 N18 -0.0175
August 3.58 -0.36 3.9375 U18 0.0125
September 3.57 -0.37 3.9375 U18 0.0125
Oct/Nov 3.54 -0.40 3.9400 Z18 -0.0125
December 3.57 -0.37 3.9400 Z18 -0.0125
2019          
January 3.65 -0.37 4.0150 H19 -0.0125
February 3.65 -0.37 4.0150 H19 -0.0125
March 3.66 -0.36 4.0150 H19 -0.0125

Price as of 3/29/2017 11:58:57 AM CST. Refresh for current price. All future prices are delayed at least 10 minutes.

Tom Hickey
Sr. Merchandiser
(712)367-2723 Cell: (515)851-2458
Tom.Hickey@fhr.com
 
Brianne Streck
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
 
Jean Schumacher
Merchandiser Administrator
(712)367-2718
Jean.Schumacher@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%
No drying
Corn over 20% 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 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 - $.15 cents Subject to rejection
Musty - $.15 cents Subject to rejection
Infested - $.15 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 11/28/16. Subject to change without notice.

Printable Discount Schedule.pdf

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