Kansas City

Kansas 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	887	828	824	788	758	736	792	798	853	791	513	671	770
1984	628	626	641	600	595	596	608	608	593	592	572	521	598
1985	521	506	508	520	531	530	543	539	545	546	534	514	528
1986	504	474	487	480	482	478	488	509	547	562	541	519	506
1987	525	512	411	581	607	609	617	655	713	864	850	843	649
1988	841	780	763	778	780	755	770	737	735	719	703	601	747
1989	593	557	574	578	565	568	578	591	618	609	456	614	575
1990	618	609	579	585	569	576	585	597	588	583	555	561	584
1991	598	571	572	565	574	576	593	585	609	615	589	552	583
1992	555	532	418	567	576	566	582	591	597	601	702	516	567
1993	648	456	661	689	700	517	692	504	690	691	458	563	606
1994	549	526	544	557	549	547	561	565	565	586	620	608	565
1995	628	647	680	719	740	732	726	789	803	763	783	802	734
1996	808	705	697	698	732	763	819	860	850	830	757	736	771
1997	711	664	709	690	672	669	658	641	643	639	640	534	656
1998	540	531	####	####	####	####	####	####	####	####	####	####	####
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	115%	108%	107%	102%	98%	96%	103%	104%	111%	103%	67%	87%	100%
1984	105%	105%	107%	100%	99%	100%	102%	102%	99%	99%	96%	87%	100%
1985	99%	96%	96%	99%	101%	100%	103%	102%	103%	103%	101%	97%	100%
1986	100%	94%	96%	95%	95%	94%	96%	101%	108%	111%	107%	103%	100%
1987	81%	79%	63%	90%	94%	94%	95%	101%	110%	133%	131%	130%	100%
1988	113%	104%	102%	104%	104%	101%	103%	99%	98%	96%	94%	81%	100%
1989	103%	97%	100%	100%	98%	99%	100%	103%	108%	106%	79%	107%	100%
1990	106%	104%	99%	100%	97%	99%	100%	102%	101%	100%	95%	96%	100%
1991	103%	98%	98%	97%	98%	99%	102%	100%	104%	105%	101%	95%	100%
1992	98%	94%	74%	100%	102%	100%	103%	104%	105%	106%	124%	91%	100%
1993	107%	75%	109%	114%	115%	85%	114%	83%	114%	114%	76%	93%	100%
1994	97%	93%	96%	99%	97%	97%	99%	100%	100%	104%	110%	108%	100%
1995	86%	88%	93%	98%	101%	100%	99%	107%	109%	104%	107%	109%	100%
1996	105%	91%	90%	91%	95%	99%	106%	111%	110%	108%	98%	95%	100%
1997	108%	101%	108%	105%	102%	102%	100%	98%	98%	97%	98%	81%	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	-16	-4	-8	1	-8	8	3	7	4	6	16	36	4
1984	12	15	19	8	3	16	13	9	12	17	20	-20	10
1985	7	2	-3	4	-12	5	7	9	11	17	18	37	8
1986	27	-6	-15	-13	-15	-12	-3	-1	-8	-3	6	10	-3
1987	1	-28	-16	-13	-17	-9	-12	-17	-23	-30	-28	-17	-17
1988	-20	-17	-20	-5	-10	3	-2	5	6	-8	13	19	-3
1989	19	-7	-8	3	-8	0	-14	-6	-18	7	6	11	-1
1990	-7	-6	-3	2	-1	3	-1	10	8	12	16	2	3
1991	0	5	11	8	2	1	-3	11	2	3	11	4	5
1992	5	-6	-4	-1	-5	-7	-4	-2	-6	-1	-4	4	-3
1993	8	-6	-10	5	-2	6	6	8	12	6	4	-9	2
1994	-9	-14	-21	-5	-8	-7	-14	-10	-18	-6	3	12	-8
1995	-4	-9	-6	-2	-5	1	-3	0	-8	-8	-2	8	-3
1996	14	-11	-2	-1	3	-2	-10	2	-13	3	29	72	7
1997	70	-6	-10	0	-1	-1	-1	2	4	7	6	-5	5
1998	9	-18											-4
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		103%	7%	110%	95%	540		8	23	31	-16	9.13
OCT		95%	8%	103%	86%	531		-8	6	-2	-13	-17.6
NOV		97%	10%	107%	87%	####		-7	9	1	-16	0
DEC		101%	6%	107%	95%	####		0	4	4	-3	0
JAN		101%	6%	107%	96%			-3	4	1	-8
FEB		98%	4%	102%	94%			0	4	4	-4
MAR		103%	4%	107%	98%			-4	6	2	-10
APR		101%	7%	108%	94%			2	6	8	-4
MAY		105%	5%	110%	100%			-3	10	7	-13
JUN		104%	5%	109%	99%			1	7	8	-5
JUL		98%	13%	111%	85%			8	9	17	-1
AUG		96%	10%	105%	86%			12	22	33	-10

Last Updated on 3/9/99
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.