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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.

 

Cherryvale

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 370 363 358 355 355 350 350 360 360 361 358 357   358
1984 370 310 311 306 309 309 305 305 304 300 298 260   304
1985 370 234 245 250 258 265 265 274 274 274 246 165   249
1986 370 146 156 170 170 169 165 165 173 178 173 146   163
1987 370 158 170 184 188 196 200 200 200 217 278 242   199
1988 370 264 276 280 275 268 268 260 266 265 256 233   264
1989 370 223 228 236 240 235 235 239 260 276 287 278   247
1990 370 227 234 238 243 246 254 259 260 260 258 241   246
1991 370 250 250 250 258 260 271 275 275 274 262 219   258
1992 370 194 201 205 201 200 200 200 200 200 200 200   201
1993 370 220 244 280 290 290 290 293 295 295 295 201   268
1994 370 200 200 206 225 #### #### #### #### 285 #### ####   ####
1995 370 #### #### #### #### #### #### #### #### #### #### ####   ####
1996 370 #### #### #### #### #### #### #### #### #### #### ####   ####
1997 370 #### #### #### #### #### #### #### #### #### #### ####   ####
1998 370 #### #### #### #### #### #### #### #### #### #### ####   ####
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 103% 101% 100% 99% 99% 98% 98% 101% 101% 101% 100% 100%   100%
1984 122% 102% 102% 101% 102% 102% 100% 100% 100% 99% 98% 86%   101%
1985 149% 94% 99% 101% 104% 107% 107% 110% 110% 110% 99% 66%   105%
1986 227% 90% 96% 104% 104% 104% 101% 101% 106% 109% 106% 90%   112%
1987 186% 79% 86% 93% 94% 99% 101% 101% 101% 109% 140% 122%   109%
1988 140% 100% 105% 106% 104% 101% 101% 99% 101% 100% 97% 88%   104%
1989 150% 90% 92% 96% 97% 95% 95% 97% 105% 112% 116% 112%   105%
1990 150% 92% 95% 97% 99% 100% 103% 105% 106% 106% 105% 98%   105%
1991 144% 97% 97% 97% 100% 101% 105% 107% 107% 106% 102% 85%   104%
1992 184% 97% 100% 102% 100% 100% 100% 100% 100% 100% 100% 100%   107%
1993 138% 82% 91% 104% 108% 108% 108% 109% 110% 110% 110% 75%   105%
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 17 8 20 24 24 2 6 11 13 48 61   20
1984 43 31 38 36 38 41 29 22 28 24 50 31   34
1985 13 10 6 3 10 26 34 43 36 41 69 5   25
1986 -21 -23 -14 2 12 20 6 -2 -17 -14 1 -12   -5
1987 -22 -26 -13 -6 -9 -4 -6 -4 -13 -53 -39 -50   -21
1988 -41 -27 3 1 -3 -3 -12 -8 -4 4 8 5   -6
1989 -6 -16 -10 -4 0 -8 -19 -34 -25 -9 17 26   -7
1990 2 -4 10 1 7 6 -1 3 11 19 23 -5   6
1991 -5 0 7 -2 1 -4 -2 21 16 17 23 0   6
1992 -13 -15 -11 -15 -17 -13 -24 -28 -29 -18 -42 -39   -22
1993 -14 -29 -31 -14 -11 -2 4 25 30 24 16 -15   -2
1994 -21 -16 -16 -24 -2 0 0 0 0 2 0 0   -6
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   #### #### #### #### 370   #### #### #### #### ####    
OCT   #### #### #### #### ####   #### #### #### #### ####    
NOV   #### #### #### #### ####   #### #### #### #### ####    
DEC   #### #### #### #### ####   #### #### #### #### ####    
JAN   #### #### #### ####     #### #### #### ####      
FEB   #### #### #### ####     #### #### #### ####      
MAR   #### #### #### ####     #### #### #### ####      
APR   #### #### #### ####     #### #### #### ####      
MAY   #### #### #### ####     #### #### #### ####      
JUN   #### #### #### ####     #### #### #### ####      
JUL   #### #### #### ####     #### #### #### ####      
AUG   #### #### #### ####     #### #### #### ####      


Last Updated on 4/8/99
By Agricultural Economics

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