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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Mailing Address

1277 102nd St., Fairbank, Iowa 50629

Merchandising Office

319-635-9404

Email

FairbankFlintHills@fhr.com

Receiving Hours:

Corn Hours:
Mon-Fri 7-5

PLEASE READ:
FHR-Customer-Notice-COVID-19.pdf

 

Direct Deposit Form here

Interested in seeing your tickets, contracts and settlements online? Call us today to have your portal set up!

 


*Download our App today by searching "Flint Hills" in the App Store on your phone!


REMINDER:
*All corn delivered without contract will be spotted.
*Defer payment must be requested before corn delivery.


Distillers Loading: 5am-7pm

MONTH BID BASIS FUTURES FUTURES MONTH PRICE CHANGE
2020          
JUL 3.07 -0.20 3.2725 U20 0.0125
AUG 3.07 -0.20 3.2725 U20 0.0125
SEPT 3.07 -0.20 3.2725 U20 0.0125
OCT 3.05 -0.30 3.3475 Z20 0.0100
NOV 3.05 -0.30 3.3475 Z20 0.0100
DEC 3.10 -0.25 3.3475 Z20 0.0100
2021          
JAN 3.16 -0.30 3.4600 H21 0.0150
FEB 3.16 -0.30 3.4600 H21 0.0150
MAR 3.16 -0.30 3.4600 H21 0.0150
APR 3.18 -0.35 3.5300 K21 0.0125
MAY 3.18 -0.35 3.5300 K21 0.0125
JUN 3.19 -0.40 3.5900 N21 0.0150
JUL 3.19 -0.40 3.5900 N21 0.0150
AUG 3.19 -0.40 3.5900 U21 0.0125
SEPT 3.19 -0.40 3.5900 U21 0.0125
OCT 3.26 -0.40 3.6575 Z21 0.0175
NOV 3.26 -0.40 3.6575 Z21 0.0175
DEC 3.26 -0.40 3.6575 Z21 0.0175
2022          
JAN 3.34 -0.40 3.7425 H22 0.0125
FEB 3.34 -0.40 3.7425 H22 0.0125
MAR 3.34 -0.40 3.7425 H22 0.0125
APR 3.38 -0.40 3.7750 K22 -0.0075
MAY 3.38 -0.40 3.7750 K22 -0.0075
JUNE 3.42 -0.40 3.8200 N22 -0.0075
JULY 3.42 -0.40 3.8200 N22 -0.0075

Price as of 7/14/2020 7:56:43 PM CST. Refresh for current price. All future prices are delayed at least 10 minutes.


 

Torrey Martin 
Sr. Merchandiser
319-635-9405
Torrey.Martin@fhr.com

Megan Zwiefel
Merchandiser
319-635-9447
Megan.Zwiefel@fhr.com

Ryan Smith
DDG Merchandiser
319-284-0445
Ryan.Smith@fhr.com
 
Beth Albrecht
Merchant Assistant
319-635-9403
Beth.Albrecht@fhr.com

Basis and HTA contracts are free to write but will have a 2 cent roll fee. Any questions please call.


Customers needing to defer payment must call before delivering bushels.

FHR will not accept deliveries of treated seed.

Moisture
Moisture Shrink down to 15.5%.  All loads over 15.5% will have moisture shrink applied at 1.4% for each 1.0% over 15.5% calculated to the nearest tenth.  (1.18% moisture shrink and 0.22% handling loss).
2 cents per half point 17.1-18.0%
3 cents charge per half point 18.1-19.0%
19.1% and higher subject to rejection or discount as agreed upon by FHR and Seller. Please call before delivery.
All corn moisture is settled by the load.

Test Weight
Under 48 lbs - Subject to rejection
One cent each lb below 53.9 lbs to 51 lbs
Three cents each lb below 50.9 lbs to 48 lbs
Test weight is settled on a load by load basis 

Damage
Over 10.10% - Subject to rejection and 3 cents per point
2 cents per point 5% to 7%
3 cents per point 7.1% -10 %
Over 10.10% - 3 cents per point
Damage discount is settled by the load basis  

Foreign Material
Over 10.10% - Subject to rejection
5.1% - 5.9% - 3 cents
6.0% - 6.9% - 6 cents
7.0% - 7.9% - 9 cents
8.0% - 8.9% - 12 cents
9.0% - 10% - 15 cents
5 cents per point 10.1% and above
Foreign material discount is settled by the load

Other
Sour - 10 cent discount
Musty - 10 cent discount
Weevils - 10 cent discount
All subject to rejection

ALL DISCOUNTS SUBJECT TO CHANGE WITHOUT NOTICE

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