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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.

 

Fort Scott (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 842 782 782 751 719 701 753 764 817 759 645 635   746
1984 593 588 598 576 568 562 583 587 568 566 547 499   569
1985 494 477 475 483 488 494 504 504 508 509 504 483   493
1986 476 436 452 440 440 439 448 463 507 523 510 486   468
1987 487 486 516 553 578 574 588 623 686 844 804 815   630
1988 813 756 729 745 747 722 742 704 704 693 673 582   718
1989 572 520 541 546 535 532 549 555 582 575 590 596   558
1990 594 575 543 558 540 551 558 570 561 558 529 531   555
1991 571 544 540 533 539 544 559 556 578 580 549 527   552
1992 525 497 517 533 539 538 549 560 567 564 670 652   559
1993 622 574 622 658 673 661 656 651 662 663 575 551   630
1994 526 503 511 518 511 512 529 532 532 542 575     526
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 113% 105% 105% 101% 96% 94% 101% 102% 110% 102% 86% 85%   100%
1984 104% 103% 105% 101% 100% 99% 102% 103% 100% 99% 96% 88%   100%
1985 100% 97% 96% 98% 99% 100% 102% 102% 103% 103% 102% 98%   100%
1986 102% 93% 96% 94% 94% 94% 96% 99% 108% 112% 109% 104%   100%
1987 77% 77% 82% 88% 92% 91% 93% 99% 109% 134% 128% 129%   100%
1988 113% 105% 102% 104% 104% 101% 103% 98% 98% 97% 94% 81%   100%
1989 102% 93% 97% 98% 96% 95% 98% 100% 104% 103% 106% 107%   100%
1990 107% 103% 98% 100% 97% 99% 100% 103% 101% 100% 95% 96%   100%
1991 104% 99% 98% 97% 98% 99% 101% 101% 105% 105% 100% 96%   100%
1992 94% 89% 92% 95% 96% 96% 98% 100% 101% 101% 120% 117%   100%
1993 99% 91% 99% 104% 107% 105% 104% 103% 105% 105% 91% 87%   100%
1994 100% 95% 97% 98% 97% 97% 100% 101% 101% 103% 109% 0%   92%
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 -61 -51 -50 -36 -48 -27 -36 -26 -33 -27 -26 -1   -35
1984 -23 -23 -24 -16 -24 -18 -12 -12 -12 -9 -5 -16   -16
1985 -20 -28 -37 -37 -57 -31 -33 -25 -26 -21 -12 6   -27
1986 -1 -45 -51 -53 -56 -51 -43 -47 -48 -42 -24 -24   -40
1987 -37 -54 -49 -41 -46 -45 -40 -48 -50 -50 -99 -44   -50
1988 -47 -41 -54 -38 -42 -30 -29 -28 -26 -34 -16 0   -32
1989 -3 -44 -42 -29 -38 -36 -42 -42 -54 -27 -14 -8   -31
1990 -31 -41 -39 -26 -30 -23 -28 -17 -19 -14 -11 -27   -25
1991 -27 -21 -21 -24 -27 -30 -37 -18 -29 -32 -28 -21   -26
1992 -25 -42 -45 -35 -42 -35 -36 -34 -35 -38 -36 -25   -36
1993 -19 -40 -48 -27 -29 -21 -30 -13 -17 -21 -26 -22   -26
1994 -38 -38 -54 -44 -45 -41 -46 -43 -51 -51 -29 0   -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   #### #### #### #### ####   -27 13 -14 -40 0    
OCT   #### #### #### #### ####   -38 7 -31 -45 0    
NOV   #### #### #### #### ####   -43 10 -33 -54 0    
DEC   #### #### #### #### ####   -32 7 -25 -38 0    
JAN   #### #### #### ####     -36 7 -29 -43      
FEB   #### #### #### ####     -31 7 -24 -38      
MAR   #### #### #### ####     -36 7 -29 -42      
APR   #### #### #### ####     -28 11 -17 -39      
MAY   #### #### #### ####     -33 14 -19 -47      
JUN   #### #### #### ####     -31 11 -20 -42      
JUL   #### #### #### ####     -23 9 -14 -31      
AUG   #### #### #### ####     -15 11 -4 -26      

Last Updated on 3/4/99
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