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

1277 102nd St., Fairbank, Iowa 50629

Merchandising Office

319-635-9404

Email

FairbankFlintHills@fhr.com

Receiving Hours:

Corn Hours:
Friday 7-5
Saturday 7-12
Mon 7-5
Tues 7-5

Now Offering Free Price Later, Call for Details!

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

Call us today to ask about our new Custom Average Futures Price Contract!



*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.


Sign up for Direct Deposit here!

Distillers Loading: 24 hours per day/7 days per week

MONTH BID BASIS FUTURES FUTURES MONTH PRICE CHANGE
2019          
AUG 3.67 0.07 3.5975 U19 -0.0350
SEPT 3.60 0.0 3.5975 U19 -0.0350
OCT 3.43 -0.25 3.6775 Z19 -0.0325
NOV 3.43 -0.25 3.6775 Z19 -0.0325
DEC 3.48 -0.20 3.6775 Z19 -0.0325
2020          
JAN 3.55 -0.25 3.8000 H20 -0.0300
FEB 3.55 -0.25 3.8000 H20 -0.0300
MAR 3.55 -0.25 3.8000 H20 -0.0300
APR 3.64 -0.25 3.8850 K20 -0.0225
MAY 3.64 -0.25 3.8850 K20 -0.0225
JUN 3.65 -0.30 3.9525 N20 -0.0200
JUL 3.65 -0.30 3.9525 N20 -0.0200
AUG 3.69 -0.30 3.9900 U20 -0.0175
SEPT 3.69 -0.30 3.9900 U20 -0.0175
OCT 3.69 -0.35 4.0425 Z20 -0.0175
NOV 3.69 -0.35 4.0425 Z20 -0.0175
DEC 3.76 -0.28 4.0425 Z20 -0.0175
2021          
JAN 3.84 -0.30 4.1425 H21 -0.0175
FEB 3.84 -0.30 4.1425 H21 -0.0175
MAR 3.84 -0.30 4.1425 H21 -0.0175
APR 3.90 -0.30 4.1975 K21 -0.0175
MAY 3.90 -0.30 4.1975 K21 -0.0175
JUN 3.94 -0.30 4.2350 N21 -0.0175
JUL 3.94 -0.30 4.2350 N21 -0.0175
AUG 3.84 -0.30 4.1400 U21 -0.0025

Price as of 8/23/2019 11:27:34 PM CST. Refresh for current price. All future prices are delayed at least 10 minutes.


 

Torrey Martin 
Sr. Merchandiser
Torrey.Martin@fhr.com

Tyler Swenson
Merchandiser
Tyler.Swenson@fhr.com

Corey Urban
DDG Merchandiser
 ph. 316-828-7965
Corey.Urban@fhr.com
 
Beth Albrecht
Merchant Assistant
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
Over 19.0% - Subject to rejection
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 cent charge per half point for loads 17.1% and above.
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

Fairbank Printable Discount Schedule.pdf

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