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

21050 140th St, Iowa Falls, Iowa 50126

Merchandising Office

641-648-8918

Fax Number

641-648-8925

Email

IowaFallsFlintHills@fhr.com

Receiving Hours:

Friday: 7am-10am (1 pit only)
Saturday: Closed
Monday: 7am-3pm (1 pit only)
Tuesday: 7am-3pm
________________

Now writing No-fee HTA's

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* All uncontracted bushels will be
spotted at current day's close price.


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MONTH BID BASIS FUTURES FUTURES MONTH PRICE CHANGE
2017          
Dec 3.29 -0.24 3.5275 H18 0.0125
2018          
Jan 3.27 -0.26 3.5275 H18 0.0125
Feb 3.27 -0.26 3.5275 H18 0.0125
Mar 3.27 -0.26 3.5275 H18 0.0125
Apr 3.34 -0.27 3.6100 K18 0.0100
May 3.31 -0.30 3.6100 K18 0.0100
June 3.34 -0.35 3.6925 N18 0.0075
July 3.34 -0.35 3.6925 N18 0.0075
Aug 3.47 -0.30 3.7650 U18 0.0100
Sep 3.50 -0.27 3.7650 U18 0.0100
Oct 3.45 -0.40 3.8500 Z18 0.0100
Nov 3.45 -0.40 3.8500 Z18 0.0100
Dec 3.63 -0.22 3.8500 Z18 0.0100
2019          
Jan 3.66 -0.29 3.9475 H19 0.0100
Feb 3.66 -0.29 3.9475 H19 0.0100
Mar 3.66 -0.29 3.9475 H19 0.0100
Apr 3.73 -0.28 4.0125 K19 0.0050
May 3.73 -0.28 4.0125 K19 0.0050
June 3.71 -0.35 4.0600 N19 0.0050
July 3.71 -0.35 4.0600 N19 0.0050
Aug 3.78 -0.27 4.0475 U19 0.0025
Sep 3.78 -0.27 4.0475 U19 0.0025
Oct 3.68 -0.40 4.0750 Z19 0.0025
Nov 3.68 -0.40 4.0750 Z19 0.0025
Dec 3.83 -0.25 4.0750 Z19 0.0025

Price as of 12/10/2017 6:21:13 PM CST. Refresh for current price. All future prices are delayed at least 10 minutes.



 

Mike Borcherding
Senior Merchandiser
(641)648-8950
Mike.Borcherding@fhr.com 
 
Joshua Challand
Merchandiser
(641)648-8963
Joshua.Challand@fhr.com
 
Ellen Flickinger
Merchant Assistant
(641)648-8912
Ellen.Flickinger@fhr.com

Rachel Neely
Merchant Administrator
(641)648-8953
Rachel.Neely@fhr.com

MUST NOTIFY IF DEFERRING A CONTRACT BEFORE DELIVERY

Now advancing on Basis Contracts.  Call for details.

Use Channel 19 on CB.

We are testing for levels of vomitoxin and high levels will be rejected

FHR will NOT accept deliveries of treated seed.   If you have questions regarding this policy, please contact your FHR merchandiser.

Distillers Grain Loading 24/7 * Note - Load numbers are required to pick up loads

Moisture
19.0% - Subject to rejection
Shrink Applied to All Moisture over 15.5%.
All loads over 15.50% will have moisture shrink applied at 1.4% for each 1% 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 on load by load basis. 

Test Weight
Under 48 lbs - Subject to rejection
One cent discount each lb below 54 lbs to 51 lbs
Three cent discount each lb below 50.9 to 48 lbs
Test weight is settled on a load by load basis

Damage
Over 10% - Subject to rejection
Damage discount 2 cents per point 5% to 7%
3 cents per point 7% -10 %
Damage discount is settled on a load by load basis


Foreign Material
Over 10% - Subject to rejection
Discount 2 cents per point 3% - 5%
3 cents per point 5% - 7%
5 cents per point 7.1% - 10%
Foreign material discount is settled on a load by load basis


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

ALL DISCOUNTS SUBJECT TO CHANGE WITHOUT NOTICE

FHR will NOT accept deliveries of treated seed

Iowa Falls Printable Discount Schedule.pdf
 

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