CORN BIDS & HOURS

We purchase over 240 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:

Nov 23
Wed 7 am - 5 pm 
Thu & Fri CLOSED

Nov 30
Mon - Fri 7 am - 5 pm

We will start taking December contracts Nov 30th.

Bushel App (phone)
Bushel App (computer)


Reminder: Please let us know if you need your payment deferred prior to delivery.

Harvest traffic pattern: 
Turn left at steel bin and proceed down center road.  Please dump front hopper first.

MONTH BID BASIS FUTURES FUTURES MONTH PRICE CHANGE
2020          
November 4.25 -0.03 4.2750 H21 0.0
December 4.25 -0.03 4.2750 H21 0.0
2021          
January 4.21 -0.07 4.2750 H21 0.0
February 4.23 -0.05 4.2750 H21 0.0
March 4.25 -0.03 4.2750 H21 0.0
April 4.25 -0.05 4.3025 K21 0.0
May 4.25 -0.05 4.3025 K21 0.0
June 4.27 -0.05 4.3150 N21 0.0
July 4.27 -0.05 4.3150 N21 0.0
August 3.98 -0.15 4.1250 U21 0.0
September 3.98 -0.15 4.1250 U21 0.0
Oct/Nov 3.76 -0.35 4.1075 Z21 0.0
December 3.86 -0.25 4.1075 Z21 0.0
2022          
January 3.81 -0.35 4.1600 H22 0.0
February 3.83 -0.33 4.1600 H22 0.0
March 3.86 -0.30 4.1600 H22 0.0
April 3.88 -0.30 4.1750 K22 0.0
May 3.88 -0.30 4.1750 K22 0.0
June 3.88 -0.30 4.1750 N22 0.0
July 3.90 -0.28 4.1750 N22 0.0
August 3.66 -0.28 3.9425 U22 0.0
September 3.66 -0.28 3.9425 U22 0.0
Oct/Nov 3.55 -0.40 3.9475 Z22 0.0

Price as of 11/26/2020 9:38:59 PM CST. Refresh for current price. All future prices are delayed at least 10 minutes.

As part of 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

Max Cornelison
Commercial Manager
(641) 524-5613 Cell: (515) 344-5097
Max.Cornelison@fhr.com

Alan Movall
Merchandiser
Office: 712-367-2712
Cell: 712-299-5345
Alan.Movall@fhr.com

Tyler Swenson
Merchandiser
Cell: 319-283-0121
Tyler.Swenson@fhr.com

Angie Prochaska
Merchant Assistant
(641) 524-5631
Angela.Prochaska@fhr.com

Distillers

If you have interest in purchasing dry or modified distillers from Arthur, please call 319-596-5466 and talk with Austin.  To setup an account click on the link below. 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 28%: Will be rejected.
Drying Charge: Zero 18.0% and below, 2 cents for each point 18.1-28.0%, calculated 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% 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 10/23/20. Subject to change without notice.

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