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 August 19th
Mon-Fri: 7am-5pm
Sat: 7am-3pm

Week of August 26th
Mon-Fri: 7am-5pm
Sat: TBD

Call us today to haul your Oct/Nov delivery contracts now. Please call us to get started. 712-367-2737

Free Price Later
Deliver by September 15th and price by February 25, 2020. Call to contract!

Harvest 2019 Discount Schedule
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

MONTH

BID

BASIS

FUTURES

FUTURES MONTH

PRICE CHANGE

2019
August	3.77	0.17	3.5975	U19	-0.0350
FH Sept	3.73	0.13	3.5975	U19	-0.0350
LH Sept	3.45	-0.15	3.5975	U19	-0.0350
Oct/Nov	3.38	-0.30	3.6775	Z19	-0.0325
LH Nov	3.45	-0.23	3.6775	Z19	-0.0325
December	3.55	-0.13	3.6775	Z19	-0.0325

2020
January	3.60	-0.20	3.8000	H20	-0.0300
February	3.62	-0.18	3.8000	H20	-0.0300
March	3.64	-0.16	3.8000	H20	-0.0300
April	3.71	-0.18	3.8850	K20	-0.0225
May	3.73	-0.16	3.8850	K20	-0.0225
June	3.79	-0.16	3.9525	N20	-0.0200
July	3.79	-0.16	3.9525	N20	-0.0200
August	3.79	-0.20	3.9900	U20	-0.0175
September	3.74	-0.25	3.9900	U20	-0.0175
Oct/Nov	3.69	-0.35	4.0425	Z20	-0.0175
December	3.79	-0.25	4.0425	Z20	-0.0175

2021
January	3.86	-0.28	4.1425	H21	-0.0175
February	3.86	-0.28	4.1425	H21	-0.0175
March	3.86	-0.28	4.1425	H21	-0.0175
April	3.92	-0.28	4.1975	K21	-0.0175
May	3.92	-0.28	4.1975	K21	-0.0175
June	3.94	-0.30	4.2350	N21	-0.0175
July	3.94	-0.30	4.2350	N21	-0.0175
August	3.84	-0.30	4.1400	U21	-0.0025

Price as of 8/24/2019 12:27:20 AM CST. Refresh for current price. All future prices are delayed at least 10 minutes.

Alerts
Contacts
General Information
Discount Schedule

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

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

CORN BIDS & HOURS