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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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Arthur

Camilla

Fairbank

Fairmont

Iowa Falls

Menlo

Shell Rock

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 12/9
Monday-Friday 7am-5pm
Saturday- Sunday Closed

Please call prior to delivery to defer your payment.

Reminders:
Please sign, date and return all deferred and basis contracts. These need to be signed within 30 days of your first delivery on the contract.

The maximum moisture we accept outside of harvest is 20%.

MONTH BID BASIS FUTURES FUTURES MONTH PRICE CHANGE
2019          
December 3.59 -0.18 3.7700 H20 0.0
2020          
January 3.65 -0.12 3.7700 H20 0.0
February 3.67 -0.10 3.7700 H20 0.0
March 3.69 -0.08 3.7700 H20 0.0
April 3.71 -0.12 3.8275 K20 0.0
May 3.73 -0.10 3.8275 K20 0.0
June 3.76 -0.12 3.8800 N20 0.0
July 3.78 -0.10 3.8800 N20 0.0
August 3.78 -0.10 3.8750 U20 0.0
September 3.78 -0.10 3.8750 U20 0.0
Oct/Nov 3.61 -0.30 3.9100 Z20 0.0
December 3.71 -0.20 3.9100 Z20 0.0
2021          
January 3.73 -0.28 4.0100 H21 0.0
February 3.73 -0.28 4.0100 H21 0.0
March 3.73 -0.28 4.0100 H21 0.0
April 3.78 -0.28 4.0600 K21 0.0175
May 3.78 -0.28 4.0600 K21 0.0175
June 3.79 -0.30 4.0900 N21 0.0200
July 3.79 -0.30 4.0900 N21 0.0200
August 3.73 -0.30 4.0300 U21 0.0100
September 3.73 -0.30 4.0300 U21 0.0100
Oct/Nov 3.71 -0.35 4.0575 Z21 0.0100
December 3.81 -0.25 4.0575 Z21 0.0100

Price as of 12/10/2019 7:21:21 PM CST. Refresh for current price. All future prices are delayed at least 10 minutes.

Harvest 2019 Discount Schedule
Corn over 28%: Subject to rejection
Drying Charge:  2 cents per each point over 15.0%.
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

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 28%: Subject to rejection.
Drying Charge: 2 cents for each point over 15.0%
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 9/23/19. Subject to change without notice.

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