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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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Arthur

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 8/3
Mon-Fri: 7am-5pm
Max Moisture 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

Current Discount Schedule 
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%.

Harvest 2020 Discount Schedule
Drying Charges calculated to the nearest tenth.
15.1 - 23% 3 cents per point
23.1 - 28% 4 cents per point
Corn over 28% will be rejected
Shrink 1.4% for each 1% over 15.0% calculated to the nearest tenth.

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          
August 2.97 -0.13 3.0950 U20 0.0125
September 2.90 -0.20 3.0950 U20 0.0125
Oct/Nov 2.92 -0.30 3.2175 Z20 0.0150
December 3.02 -0.20 3.2175 Z20 0.0150
2021          
January 3.06 -0.28 3.3375 H21 0.0150
February 3.09 -0.25 3.3375 H21 0.0150
March 3.12 -0.22 3.3375 H21 0.0150
April 3.14 -0.28 3.4200 K21 0.0175
May 3.14 -0.28 3.4200 K21 0.0175
June 3.19 -0.30 3.4875 N21 0.0150
July 3.19 -0.30 3.4875 N21 0.0150
August 3.24 -0.30 3.5425 U21 0.0175
September 3.19 -0.35 3.5425 U21 0.0175
Oct/Nov 3.17 -0.45 3.6150 Z21 0.0050
December 3.27 -0.35 3.6150 Z21 0.0050
2022          
January 3.32 -0.40 3.7200 H22 0.0075
February 3.34 -0.38 3.7200 H22 0.0075
March 3.36 -0.36 3.7200 H22 0.0075
April 3.38 -0.40 3.7825 K22 0.0075
May 3.38 -0.40 3.7825 K22 0.0075
June 3.43 -0.40 3.8325 N22 0.0200
July 3.45 -0.38 3.8325 N22 0.0200
August 3.35 -0.38 3.7250 U22 0.0

Price as of 8/5/2020 12:06:32 PM CST. Refresh for current price. All future prices are delayed at least 10 minutes.

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.

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