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 June 26th
Monday - Friday: 7am - 5pm
Saturday- Sunday: Closed

Week of July 3rd
Monday- Tuesday: Closed
Wednesday- Friday: 7am-5pm
Saturday: 7am-3pm

Distillers Loading
Monday - Friday: 7am - 5pm
Saturday - Sunday: Closed

Basis contracts available with 75%
advance payment.

MONTH BID BASIS FUTURES FUTURES MONTH PRICE CHANGE
2017          
June 3.21 -0.47 3.6775 U17 0.0
July 3.21 -0.47 3.6775 U17 0.0
August 3.23 -0.45 3.6775 U17 0.0
September 3.23 -0.45 3.6775 U17 0.0
Oct/Nov 3.37 -0.41 3.7750 Z17 0.0
November 16-30 3.40 -0.38 3.7750 Z17 0.0
December 3.45 -0.33 3.7750 Z17 0.0
2018          
January 3.50 -0.37 3.8725 H18 -0.0025
February 3.50 -0.37 3.8725 H18 -0.0025
March 3.52 -0.35 3.8725 H18 -0.0025
April 3.55 -0.38 3.9325 K18 0.0
May 3.55 -0.38 3.9325 K18 0.0
June 3.59 -0.40 3.9925 N18 -0.0025
July 3.59 -0.40 3.9925 N18 -0.0025
August 3.61 -0.36 3.9700 U18 0.0175
September 3.60 -0.37 3.9700 U18 0.0175
Oct/Nov 3.59 -0.40 3.9900 Z18 -0.0050
December 3.62 -0.37 3.9900 Z18 -0.0050
2019          
January 3.70 -0.37 4.0700 H19 0.0025
February 3.70 -0.37 4.0700 H19 0.0025
March 3.71 -0.36 4.0700 H19 0.0025
April 3.74 -0.37 4.1125 K19 0.0025
May 3.74 -0.37 4.1125 K19 0.0025
June 3.78 -0.37 4.1525 N19 0.0

Price as of 6/28/2017 3:46:07 AM CST. Refresh for current price. All future prices are delayed at least 10 minutes.

Tom Hickey
Sr. Merchandiser
(712)367-2723 Cell: (515)851-2458
Tom.Hickey@fhr.com
 
Brianne Streck
Merchandiser
(712)367-2712 Cell: (712)369-3238
Brianne.Streck@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

Moisture

1.4% shrink for each 1.0% over 15.5%
No drying
Corn over 20% Subject to Rejection
All discounts subject to change without notice
 

Pricing / Payment

All bushels delivered without a contract will be priced at the close of the day of delivery.

We advance payment on basis contracts, call for details.

If you'd like to defer your payment, you'll need to let us know when you make your contract or prior to delivery. Thanks for your cooperation! 712-367-2737

FHR is testing for vomitoxin and high levels will be rejected.

FHR has decided that it will not enter into contracts for the purchase fo the Syngenta Duracade product. If you have questions regarding this policy, please contact your FHR merchandiser.


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!
 

Arthur 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 15.5% 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 - $.15 cents Subject to rejection
Infested - $.15 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 6/23/17. Subject to change without notice.

Printable Discount Schedule.pdf

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