Dodge City

Dodge City (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	833	777	772	740	714	687	743	756	807	744	649	626	737
1984	591	582	580	564	558	552	567	572	555	553	536	491	558
1985	479	462	470	481	486	479	492	490	504	505	499	478	485
1986	470	430	448	436	437	441	456	471	507	527	509	485	468
1987	484	474	494	533	562	570	577	621	678	829	814	809	620
1988	796	743	726	736	730	706	731	697	696	677	667	566	706
1989	556	383	529	536	524	525	533	539	575	565	576	571	534
1990	574	565	534	543	523	531	542	554	551	548	521	519	542
1991	557	536	527	529	541	540	555	540	571	576	538	509	543
1992	515	490	515	524	534	529	542	553	562	561	657	630	551
1993	596	566	616	642	653	641	652	628	644	647	556	528	614
1994	512	492	518	518	506	505	516	526	523	541	575	564	525
1995	592	612	639	680	698	691	686	752	766	728	743	760	696
1996	744	665	656	649	679	749	784	810	830	795	717	671	729
1997	633	628	672	653	632	631	614	599	600	592	587	511	613
1998	469	488	515	514	####	####	####	####	####	####	####	####	####
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	113%	105%	105%	100%	97%	93%	101%	103%	110%	101%	88%	85%	100%
1984	106%	104%	104%	101%	100%	99%	102%	102%	99%	99%	96%	88%	100%
1985	99%	95%	97%	99%	100%	99%	101%	101%	104%	104%	103%	99%	100%
1986	100%	92%	96%	93%	93%	94%	97%	101%	108%	113%	109%	104%	100%
1987	78%	76%	80%	86%	91%	92%	93%	100%	109%	134%	131%	130%	100%
1988	113%	105%	103%	104%	103%	100%	103%	99%	99%	96%	95%	80%	100%
1989	104%	72%	99%	100%	98%	98%	100%	101%	108%	106%	108%	107%	100%
1990	106%	104%	99%	100%	97%	98%	100%	102%	102%	101%	96%	96%	100%
1991	103%	99%	97%	97%	100%	99%	102%	99%	105%	106%	99%	94%	100%
1992	93%	89%	93%	95%	97%	96%	98%	100%	102%	102%	119%	114%	100%
1993	97%	92%	100%	104%	106%	104%	106%	102%	105%	105%	90%	86%	100%
1994	98%	94%	99%	99%	96%	96%	98%	100%	100%	103%	110%	107%	100%
1995	85%	88%	92%	98%	100%	99%	99%	108%	110%	105%	107%	109%	100%
1996	102%	91%	90%	89%	93%	103%	108%	111%	114%	109%	98%	92%	100%
1997	103%	102%	110%	107%	103%	103%	100%	98%	98%	97%	96%	83%	100%
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	-71	-55	-60	-47	-53	-41	-46	-35	-42	-42	-21	-9	-44
1984	-25	-29	-42	-27	-34	-28	-28	-27	-25	-22	-16	-25	-27
1985	-34	-42	-41	-39	-59	-46	-44	-40	-30	-25	-16	1	-35
1986	-7	-51	-54	-57	-59	-49	-34	-39	-48	-38	-25	-25	-41
1987	-40	-66	-72	-62	-62	-49	-51	-51	-58	-64	-89	-50	-59
1988	-64	-54	-57	-47	-59	-46	-40	-35	-33	-49	-22	-16	-44
1989	-19	-37	-53	-39	-49	-43	-58	-58	-61	-36	-28	-33	-43
1990	-52	-50	-48	-40	-47	-43	-44	-33	-29	-24	-19	-40	-39
1991	-41	-29	-35	-29	-25	-34	-41	-34	-36	-37	-40	-40	-35
1992	-35	-48	-47	-44	-47	-44	-44	-40	-41	-41	-50	-46	-44
1993	-44	-48	-54	-43	-49	-40	-34	-37	-35	-37	-45	-44	-42
1994	-51	-48	-47	-44	-51	-49	-59	-49	-60	-51	-43	-33	-49
1995	-44	-44	-45	-41	-47	-40	-43	-37	-48	-43	-37	-34	-42
1996	-50	-52	-43	-50	-40	-15	-44	-47	-33	-32	-11	7	-34
1997	-8	-45	-51	-47	-42	-41	-44	-40	-39	-40	-40	-29	-39
1998	-53	-60	-62	-48									-55
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		100%	7%	108%	93%	469		-41	16	-25	-57	-52.5
OCT		94%	9%	103%	84%	488		-45	7	-38	-52	-59.9
NOV		98%	5%	104%	93%	515		-48	6	-42	-54	-61.5
DEC		99%	5%	104%	95%	514		-42	6	-37	-48	-48
JAN		99%	4%	103%	96%			-46	8	-37	-54
FEB		100%	3%	102%	97%			-40	9	-31	-48
MAR		101%	3%	105%	98%			-45	7	-38	-52
APR		102%	4%	106%	98%			-41	8	-33	-49
MAY		104%	5%	109%	99%			-41	11	-31	-52
JUN		103%	4%	107%	99%			-39	8	-32	-47
JUL		102%	8%	110%	93%			-33	12	-21	-46
AUG		97%	11%	108%	86%			-31	15	-16	-46

Last Updated on 3/12/99
By Agricultural Economics


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.