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 Sept 23rd
Mon-Fri: 7am-5pm

Free Price Later
Deliver by October 4th
Price by February 25, 2020
Call to contract.
 

Want do deliver corn at harvest, but wait to set futures? We offer basis contracts, with a 75% advance payment upon delivery. Call for additional details or to contract.

MONTH BID BASIS FUTURES FUTURES MONTH PRICE CHANGE
2019          
By Oct 4th 3.68 -0.05 3.7325 Z19 0.0250
Oct/Nov 3.48 -0.25 3.7325 Z19 0.0250
LH Nov 3.53 -0.20 3.7325 Z19 0.0250
December 3.61 -0.12 3.7325 Z19 0.0250
2020          
January 3.65 -0.19 3.8425 H20 0.0250
February 3.67 -0.17 3.8425 H20 0.0250
March 3.69 -0.15 3.8425 H20 0.0250
April 3.75 -0.17 3.9200 K20 0.0250
May 3.77 -0.15 3.9200 K20 0.0250
June 3.82 -0.16 3.9775 N20 0.0250
July 3.84 -0.14 3.9775 N20 0.0250
August 3.84 -0.15 3.9875 U20 0.0200
September 3.84 -0.15 3.9875 U20 0.0200
Oct/Nov 3.69 -0.35 4.0350 Z20 0.0150
December 3.79 -0.25 4.0350 Z20 0.0150
2021          
January 3.86 -0.28 4.1350 H21 0.0125
February 3.86 -0.28 4.1350 H21 0.0125
March 3.86 -0.28 4.1350 H21 0.0125
April 3.91 -0.28 4.1900 K21 0.0100
May 3.91 -0.28 4.1900 K21 0.0100
June 3.93 -0.30 4.2250 N21 0.0100
July 3.93 -0.30 4.2250 N21 0.0100
August 3.84 -0.30 4.1350 U21 0.0125
September 3.84 -0.30 4.1350 U21 0.0125

Price as of 9/23/2019 3:47:23 PM CST. Refresh for current price. All future prices are delayed at least 10 minutes.

Harvest 2019 Discount Schedule
Effective 9/23/19

Corn over 28%: Subject to rejection
Drying Charge: 2 cents for each point over 15.0% calculated to the nearest tenth
Shrink: 1.4% for each 1.0% over 15.0% calculated to the nearest tenth

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:
*New* 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!

Brianne Streck
Senior Merchandiser
(712)367-2712 Cell: (712)870-3666
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 15.0% 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 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 1/1/19. Subject to change without notice.

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