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:

Corn Receiving Hours:
Week of Oct 16th
Mon-Sat: 6am-10pm
Sun: 10am-10pm

Week of Oct 23rd
Mon-Sat: 6am-10pm
Sun: 10am-10pm

Basis contracts available with 75%
advance payment.

From all of us in Arthur, we appreciate your business and wish you a safe and plentiful harvest!

MONTH BID BASIS FUTURES FUTURES MONTH PRICE CHANGE
2017          
Oct/Nov 3.04 -0.41 3.4500 Z17 0.0050
December 3.15 -0.30 3.4500 Z17 0.0050
2018          
January 3.24 -0.35 3.5900 H18 0.0050
February 3.25 -0.34 3.5900 H18 0.0050
March 3.26 -0.33 3.5900 H18 0.0050
April 3.32 -0.36 3.6750 K18 0.0025
May 3.34 -0.34 3.6750 K18 0.0025
June 3.37 -0.38 3.7500 N18 0.0025
July 3.39 -0.36 3.7500 N18 0.0025
August 3.46 -0.36 3.8225 U18 0.0050
September 3.46 -0.36 3.8225 U18 0.0050
Oct/Nov 3.52 -0.40 3.9150 Z18 0.0025
December 3.57 -0.35 3.9150 Z18 0.0025
2019          
January 3.61 -0.40 4.0125 H19 -0.0325
February 3.63 -0.38 4.0125 H19 -0.0325
March 3.65 -0.36 4.0125 H19 -0.0325
April 3.68 -0.39 4.0725 K19 -0.0300
May 3.70 -0.37 4.0725 K19 -0.0300
June 3.73 -0.39 4.1150 N19 -0.0300
July 3.73 -0.39 4.1150 N19 -0.0300
August 3.74 -0.35 4.0850 U19 -0.0350
September 3.74 -0.35 4.0850 U19 -0.0350
October 3.68 -0.42 4.0975 Z19 -0.0325

Price as of 10/23/2017 6:29:58 AM CST. Refresh for current price. All future prices are delayed at least 10 minutes.


Harvest 2017
Accepting corn up to 28% moisture.
2 cents/point drying and 1.4% shrink down to 15.5%.
Harvest Price Later and Basis programs available. Call for details and to sign up.

If you'd like to defer your payment, please let us know when you contract or prior to delivery. Thank you!
 
Tom Hickey
Commercial Manager
(712)367-2723 Cell: (515)851-2458
Tom.Hickey@fhr.com
 
Brianne Streck
Senior 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
 
Ross Baldwin
Senior Trader
(712)367-2718
Ross.Baldwin@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%
2 Cents drying charge for each point over 15.5%
Corn over 28% 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.


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 28%: Subject to rejection.
Drying Charge:  2 cents for each point over 15.5
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 - $.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 9/18/17. Subject to change without notice.

Printable Discount Schedule.pdf

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