Fort Scott (corn)

MONTHLY AVERAGE CORN PRICE (AVERAGE OF WEDNESDAY PRICES)
(Cents/Bu.)
YEAR	SEP	OCT	NOV	DEC	JAN	FEB	MAR	APR	MAY	JUN	JUL	AUG	AVG
=	=	=	=	=	=	=	=	=	=	=	=	=	=
1983	349	331	335	336	340	340	340	356	356	368	370	357	348
1984	300	294	285	280	280	280	283	293	295	292	278	227	282
1985	221	224	235	238	245	249	247	243	243	245	205	156	229
1986	135	130	135	140	150	164	165	160	164	165	165	143	151
1987	141	151	164	181	179	188	193	191	190	224	265	256	193
1988	251	248	238	244	257	251	255	253	251	242	238	214	245
1989	213	211	226	225	225	221	230	245	256	266	268	248	236
1990	213	209	219	229	233	233	242	245	243	238	237	232	231
1991	236	239	243	245	249	251	255	251	251	259	255	225	247
1992	206	196	200	206	208	205	206	215	215	216	235	235	212
1993	222	227	259	277	290	280	277	265	254	265	234	205	254
1994	205	208	212	223	227	228	234	244	249	261	273	####	####
1995	####	####	####	####	####	####	####	####	####	####	####	####	####
1996	####	####	####	####	####	####	####	####	####	####	####	####	####
1997	####	####	####	####	####	####	####	####	####	####	####	####	####
1998	####	####	####	####	####	####	####	####	####	####	####	####	####
1999
2000

SEASONAL INDEX (MONTHLY PRICE AS A PERCENT OF SEASON AVERAGE PRICE)

YEAR	SEP	OCT	NOV	DEC	JAN	FEB	MAR	APR	MAY	JUN	JUL	AUG	AVG
=	=	=	=	=	=	=	=	=	=	=	=	=	=
1983	100%	95%	96%	97%	98%	98%	98%	102%	102%	106%	106%	102%	100%
1984	106%	104%	101%	99%	99%	99%	100%	104%	104%	104%	99%	80%	100%
1985	97%	98%	102%	104%	107%	109%	108%	106%	106%	107%	89%	68%	100%
1986	89%	86%	89%	93%	99%	108%	109%	106%	108%	109%	109%	94%	100%
1987	73%	78%	85%	93%	92%	97%	100%	99%	98%	116%	137%	132%	100%
1988	102%	101%	97%	100%	105%	102%	104%	103%	102%	99%	97%	87%	100%
1989	90%	89%	96%	95%	95%	93%	97%	104%	109%	113%	113%	105%	100%
1990	92%	91%	95%	99%	101%	101%	105%	106%	105%	103%	102%	100%	100%
1991	96%	97%	98%	99%	101%	102%	103%	102%	102%	105%	104%	91%	100%
1992	97%	92%	94%	97%	98%	97%	97%	102%	102%	102%	111%	111%	100%
1993	87%	89%	102%	109%	114%	110%	109%	104%	100%	104%	92%	81%	100%
1994	####	####	####	####	####	####	####	####	####	####	####	####	####
1995	####	####	####	####	####	####	####	####	####	####	####	####	####
1996	####	####	####	####	####	####	####	####	####	####	####	####	####
1997	####	####	####	####	####	####	####	####	####	####	####	####	####
1998	####	####	####	####									####
1999
2000

MONTHLY AVERAGE NEARBY CORN BASIS (AVERAGE OF WEDNESDAY PRICES)
(Cents/Bu.)
YEAR	SEP	OCT	NOV	DEC	JAN	FEB	MAR	APR	MAY	JUN	JUL	AUG	AVG
=	=	=	=	=	=	=	=	=	=	=	=	=	=
1983	-11	-15	-15	1	9	14	-8	2	7	19	61	61	10
1984	13	15	12	10	9	12	7	9	18	16	30	-2	12
1985	1	1	-5	-10	-3	10	16	12	5	12	28	-4	5
1986	-31	-39	-36	-28	-8	15	6	-6	-25	-26	-7	-15	-17
1987	-34	-32	-20	-9	-18	-13	-13	-14	-23	-46	-51	-36	-26
1988	-43	-43	-35	-34	-21	-19	-24	-14	-20	-19	-10	-14	-25
1989	-19	-28	-12	-15	-15	-23	-24	-28	-29	-19	-3	-4	-18
1990	-17	-22	-5	-8	-3	-7	-13	-11	-6	-3	1	-14	-9
1991	-17	-11	0	-7	-8	-14	-18	-3	-8	2	16	6	-5
1992	-14	-13	-12	-13	-10	-8	-18	-13	-14	-3	-6	-4	-11
1993	-16	-22	-16	-18	-11	-12	-9	-4	-12	-6	11	-14	-11
1994	-15	-8	-4	-7	-5	-5	-12	-5	-11	-12	-11	0	-8
1995	0	0	0	0	####	####	####	####	####	####	####	####	####
1996	####	####	####	####	####	####	####	####	####	####	####	####	####
1997	####	####	####	####	####	####	####	####	####	####	####	####	####
1998	####	####	####	####	####	####	####	####	####	####	####	####	####
1999
2000


		CASH PRICES						NEARBY BASIS
		10 YEAR SEAS. INDEX						10 YEAR SEASONAL
				AVG	AVG					AVG	AVG
			STD	+STD	-STD	THIS			STD	+STD	-STD	THIS
		AVG	DEV	DEV	DEV	YEAR		AVG	DEV	DEV	DEV	YEAR
MONTH		(% of Season Avg. Price)				(c/bu)		(Cents/Bu.)
=		=	=	=	=	=		=	=	=	=	=
SEP		####	####	####	####	####		####	####	####	####	####
OCT		####	####	####	####	####		####	####	####	####	####
NOV		####	####	####	####	####		####	####	####	####	####
DEC		####	####	####	####	####		####	####	####	####	####
JAN		####	####	####	####			####	####	####	####
FEB		####	####	####	####			####	####	####	####
MAR		####	####	####	####			####	####	####	####
APR		####	####	####	####			####	####	####	####
MAY		####	####	####	####			####	####	####	####
JUN		####	####	####	####			####	####	####	####
JUL		####	####	####	####			####	####	####	####
AUG		####	####	####	####			####	####	####	####


RISK MANAGEMENT
CORN *marketing resources* SOYBEAN marketing resources	DISCLAIMER *please read* HOME risk management
Dr. William I. Tierney, Jr. E-mail: wtierney@agecon.ksu.edu Copyright 1998. All rights reserved by author.
Disclaimer: This web page is designed to aid farmers with their marketing and risk management decisions. The risk of loss in trading futures, options, forward contracts, and hedge-to-arrive can be substantial and no warranty is given or implied by the author or any other party. Each farmer must consider whether such marketing strategies are appropriate for his or her situation. This web page does not represent the views of Kansas State University.