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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 (soybeans)

MONTHLY AVERAGE SOYBEAN PRICE (AVERAGE OF WEDNESDAY PRICES)
(Cents/Bu.)
YEAR SEP OCT NOV DEC JAN FEB MAR APR MAY JUN JUL AUG   AVG
= = = = = = = = = = = = =   =
1983 855 797 790 756 729 704 757 767 819 744 654 619   749
1984 554 598 595 577 566 558 581 582 556 545 527 477   560
1985 461 479 475 490 497 494 506 503 508 510 504 473   492
1986 468 448 459 449 445 446 454 470 511 531 505 483   472
1987 465 480 504 539 565 566 567 623 679 827 802 818   619
1988 808 751 728 745 742 720 740 704 702 694 662 569   714
1989 575 518 537 542 534 529 539 553 580 573 587 590   555
1990 588 569 541 552 534 546 552 562 556 551 524 525   550
1991 566 539 535 532 534 530 547 545 561 558 531 514   541
1992 528 492 511 524 536 529 541 551 562 557 652 613   549
1993 587 565 627 655 663 658 661 640 657 659 560 511   620
1994 509 490 516 522 511 508       546       515
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 114% 106% 105% 101% 97% 94% 101% 102% 109% 99% 87% 83%   100%
1984 99% 107% 106% 103% 101% 100% 104% 104% 99% 97% 94% 85%   100%
1985 94% 98% 97% 100% 101% 100% 103% 102% 103% 104% 103% 96%   100%
1986 99% 95% 97% 95% 94% 94% 96% 100% 108% 112% 107% 102%   100%
1987 75% 77% 81% 87% 91% 91% 92% 101% 110% 133% 129% 132%   100%
1988 113% 105% 102% 104% 104% 101% 104% 99% 98% 97% 93% 80%   100%
1989 104% 93% 97% 98% 96% 95% 97% 100% 104% 103% 106% 106%   100%
1990 107% 104% 98% 100% 97% 99% 100% 102% 101% 100% 95% 95%   100%
1991 105% 100% 99% 98% 99% 98% 101% 101% 104% 103% 98% 95%   100%
1992 96% 89% 93% 95% 98% 96% 98% 100% 102% 101% 119% 111%   100%
1993 95% 91% 101% 106% 107% 106% 107% 103% 106% 106% 90% 82%   100%
1994 99% 95% 100% 102% 99% 99% 0% 0% 0% 106% 0% 0%   58%
1995 ### ### ### ### ### ### ### ### ### ### ### ###   ###
1996 ### ### ### ### ### ### ### ### ### ### ### ###   ###
1997 ### ### ### ### ### ### ### ### ### ### ### ###   ###
1998 ### ### ### ###                   ###
1999                            
2000                            
                             
MONTHLY AVERAGE NEARBY SOYBEAN BASIS (AVERAGE OF WEDNESDAY PRICES)
(Cents/Bu.)
YEAR SEP OCT NOV DEC JAN FEB MAR APR MAY JUN JUL AUG   AVG
= = = = = = = = = = = = =   =
1983 -49 -35 -42 -31 -37 -24 -32 -24 -31 -41 -17 -16   -32
1984 -62 -13 -27 -14 -26 -22 -14 -17 -25 -30 -25 -38   -26
1985 -53 -25 -37 -31 -48 -31 -31 -27 -25 -20 -11 -4   -29
1986 -9 -33 -43 -44 -51 -44 -37 -40 -44 -34 -30 -27   -36
1987 -59 -60 -62 -56 -59 -53 -61 -49 -57 -67 -101 -41   -60
1988 -53 -46 -55 -38 -48 -32 -31 -28 -27 -32 -28 -13   -36
1989   -46 -45 -32 -39 -40 -52 -44 -56 -28 -16 -13   -38
1990 -37 -46 -41 -32 -35 -27 -34 -26 -25 -21 -15 -34   -31
1991 -33 -26 -26 -25 -32 -44 -49 -28 -46 -55 -47 -34   -37
1992 -22 -47 -51 -44 -45 -44 -45 -43 -40 -45 -55 -64   -45
1993 -54 -49 -44 -30 -39 -24 -25 -24 -22 -25 -41 -62   -36
1994 -55 -50 -49 -39 -46 -33       -10       -40
1995                           ###
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   ### ### ### ### ###   -42 12 -30 -55 0    
OCT   ### ### ### ### ###   -44 8 -37 -52 0    
NOV   ### ### ### ### ###   -44 9 -36 -53 0    
DEC   ### ### ### ### ###   -34 6 -28 -40 0    
JAN   ### ### ### ###     -40 5 -35 -46      
FEB   ### ### ### ###     -35 7 -28 -42      
MAR   ### ### ### ###     -39 10 -29 -49      
APR   ### ### ### ###     -32 8 -24 -40      
MAY   ### ### ### ###     -36 13 -23 -49      
JUN   ### ### ### ###     -31 14 -17 -45      
JUL   ### ### ### ###     -34 15 -19 -49      
AUG   ### ### ### ###     -37 20 -17 -57      

Last Updated on 3/4/99
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