Corn Prices - Flint Hills Resources

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 June 1st
Mon-Fri: 7am-3pm

Week of June 8th
Mon-Tues: 7am-5pm
Wed-Fri: 7am-TBD
Moisture max 19%

As part of new safety procedures, the Arthur office will be closed to all visitors. Corn receiving will remain open. Call 712-367-2737.
FHR Customer Notice COVID-19

Moisture max 19%
Zero Drying charge up to 18.0%. 2 cents per each point 18.1% and above. Shrink remains 1.4% per each 1.0% over 15.0%.

Ask about our Custom Averaging Contract, choose your averaging dates and futures month. View 2020 Averaging Contract Handouts for more information or call us at 712-367-2737.

MONTH

BID

BASIS

FUTURES

FUTURES MONTH

PRICE CHANGE

2020
June	3.02	-0.29	3.3125	N20	0.0225
July	3.06	-0.25	3.3125	N20	0.0225
August	3.11	-0.25	3.3550	U20	0.0225
September	3.11	-0.25	3.3550	U20	0.0225
Oct/Nov	3.00	-0.45	3.4525	Z20	0.0250
December	3.15	-0.30	3.4525	Z20	0.0250

2021
January	3.22	-0.35	3.5700	H21	0.0200
February	3.24	-0.33	3.5700	H21	0.0200
March	3.26	-0.31	3.5700	H21	0.0200
April	3.28	-0.35	3.6325	K21	0.0200
May	3.30	-0.33	3.6325	K21	0.0200
June	3.37	-0.31	3.6825	N21	0.0200
July	3.37	-0.31	3.6825	N21	0.0200
August	3.39	-0.30	3.6850	U21	0.0200
September	3.34	-0.35	3.6850	U21	0.0200
Oct/Nov	3.31	-0.45	3.7550	Z21	0.0200
December	3.41	-0.35	3.7550	Z21	0.0200

2022
January	3.45	-0.40	3.8475	H22	0.0175
February	3.47	-0.38	3.8475	H22	0.0175
March	3.49	-0.36	3.8475	H22	0.0175
April	3.50	-0.40	3.8950	K22	0.0150
May	3.50	-0.40	3.8950	K22	0.0150
June	3.54	-0.40	3.9375	N22	0.0200

Price as of 6/7/2020 5:13:55 AM CST. Refresh for current price. All future prices are delayed at least 10 minutes.

Alerts
Contacts
General Information
Discount Schedule

Please call prior to delivery to defer your payment.

FHR Customer Portal
You can now view your tickets, contracts, and settlements online! Call us to get set up for our customer portal. If you already have a login, click the link to get started: fhrportal.com/
FHR Portal How To

Ask about our Custom Average Futures Contracts. Available to sign up now- call us at 712-367-2737. For more information: Custom Average Futures Contract

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!

Liz Gehling
Merchandising Assistant
(712)367-2742 Cell: (712)369-1072
Elizabeth.Gehling@fhr.com

Alan Movall
Merchandiser
Cell: (712)299-5345
Alan.Movall@fhr.com

Ryan Edeker
Merchandiser
Ryan.Edeker@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: Zero drying charge up to 18.0%. 2 cents for each point 18.1% and above, calculated to the nearest tenth.
Shrink: 1.4% for each 1.0% over 15.0% 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 cents 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 12/16/19. Subject to change without notice.

CORN BIDS & HOURS