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

30750 212th St, Shell Rock, Iowa 50670

Merchandising Office

319-885-2012

Email

ShellRockFlintHills@fhr.com

Receiving Hours:

Fri: 7am-Noon
Sat: Closed
Mon-Tues: 7am-3:30pm
Wed: 7am-Noon
Thurs-Fri: 7am-3:30pm

Event:
Join us for our Annual Agribusiness Seminar on Tuesday December 12th at the Hilton Garden Inn in Cedar Falls.  Registration 8:00am
 

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Now writing no-fee HTA's!

Distillers Loading: 5am-8pm Sunday-Saturday

MONTH BID BASIS FUTURES FUTURES MONTH PRICE CHANGE
2017          
December 3.27 -0.26 3.5275 H18 0.0125
2018          
January 3.27 -0.26 3.5275 H18 0.0125
February 3.27 -0.26 3.5275 H18 0.0125
March 3.25 -0.28 3.5275 H18 0.0125
April 3.32 -0.29 3.6100 K18 0.0100
May 3.32 -0.29 3.6100 K18 0.0100
June 3.32 -0.37 3.6925 N18 0.0075
July 3.32 -0.37 3.6925 N18 0.0075
August 3.37 -0.40 3.7650 U18 0.0100
September 3.37 -0.40 3.7650 U18 0.0100
October 3.45 -0.40 3.8500 Z18 0.0100
November 3.45 -0.40 3.8500 Z18 0.0100
December 3.60 -0.25 3.8500 Z18 0.0100
2019          
January 3.67 -0.28 3.9475 H19 0.0100
February 3.69 -0.26 3.9475 H19 0.0100
March 3.67 -0.28 3.9475 H19 0.0100
April 3.73 -0.28 4.0125 K19 0.0050
May 3.73 -0.28 4.0125 K19 0.0050
June 3.76 -0.30 4.0600 N19 0.0050
July 3.76 -0.30 4.0600 N19 0.0050
August 3.75 -0.30 4.0475 U19 0.0025
September 3.65 -0.40 4.0475 U19 0.0025
October 3.68 -0.40 4.0750 Z19 0.0025
November 3.68 -0.40 4.0750 Z19 0.0025
December 3.73 -0.35 4.0750 Z19 0.0025

Price as of 12/10/2017 6:22:17 PM CST. Refresh for current price. All future prices are delayed at least 10 minutes.



 

Nathan Underwood
Senior Merchandiser
Nathan.Underwood@fhr.com
 
Megan Bierschenk
Merchandiser
Megan.Bierschenk@fhr.com
 
Ryan Edeker
Merchandiser
Ryan.Edeker@fhr.com
 
Penny Steere
Merchant Administrator
Penny.Steere@fhr.com

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

Customers needing to defer payment must call before delivering bushels.

Now offering advance payment on basis contracts! Call for details.

Bushels that do not have a contract will be spotted at closing price at end of every day.


Distillers Loading: 5am-8pm Sunday-Saturday
 

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 discount each lb below 53.9 lbs to 51 lbs
Three cent discount each lb below 50.9 lbs to 48 lbs
Test weight is settled on a load by load basis 

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


Foreign Material
Over 10.10% - Subject to rejection
Discount 3 cents per point 5.1% - 10%
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

Shell Rock Printable Discount Schedule.pdf
 

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