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:
Fri Closed
Mon-Wed 7-2
Thurs 7-5

**Corn must be delivered by 12/21 to guarantee 2018 payment date**

 Grain Marketing 101 is now online!

*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:

5am-7pm Sunday-Saturday

MONTH BID BASIS FUTURES FUTURES MONTH PRICE CHANGE
2018          
DEC 3.50 -0.35 3.8475 H19 0.0050
2019          
JAN 3.51 -0.34 3.8475 H19 0.0050
FEB 3.52 -0.33 3.8475 H19 0.0050
MAR 3.52 -0.33 3.8475 H19 0.0050
APR 3.59 -0.33 3.9225 K19 0.0050
MAY 3.59 -0.33 3.9225 K19 0.0050
JUN 3.63 -0.36 3.9875 N19 0.0050
JUL 3.63 -0.36 3.9875 N19 0.0050
AUG 3.65 -0.35 4.0000 U19 0.0025
SEPT 3.65 -0.35 4.0000 U19 0.0025
OCT 3.61 -0.43 4.0375 Z19 0.0
NOV 3.61 -0.43 4.0375 Z19 0.0
DEC 3.74 -0.30 4.0375 Z19 0.0
2020          
JAN 3.81 -0.32 4.1275 H20 0.0
FEB 3.81 -0.32 4.1275 H20 0.0
MAR 3.81 -0.32 4.1275 H20 0.0
APR 3.86 -0.32 4.1775 K20 0.0
MAY 3.86 -0.32 4.1775 K20 0.0
JUN 3.87 -0.35 4.2225 N20 0.0
JUL 3.87 -0.35 4.2225 N20 0.0
AUG 3.80 -0.35 4.1475 U20 -0.0025
SEPT 3.80 -0.35 4.1475 U20 -0.0025
OCT 3.71 -0.45 4.1575 Z20 -0.0050
NOV 3.71 -0.45 4.1575 Z20 -0.0050
DEC 3.76 -0.40 4.1575 Z20 -0.0050

Price as of 12/16/2018 6:36:16 AM CST. Refresh for current price. All future prices are delayed at least 10 minutes.


 

Torrey Martin 
Sr. Merchandiser
Torrey.Martin@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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