Pratt

Pratt (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	839	784	774	742	718	692	745	757	811	746	645	627	740
1984	590	590	588	567	559	557	573	576	560	562	542	495	563
1985	486	471	480	492	499	490	502	497	513	514	507	489	495
1986	482	441	458	445	450	448	465	479	517	535	517	493	477
1987	493	483	505	542	574	579	590	632	691	844	789	824	629
1988	811	753	738	748	743	718	731	700	699	685	672	572	714
1989	553	521	534	539	531	532	546	554	583	573	582	582	552
1990	584	576	545	551	400	543	554	562	554	551	523	528	539
1991	566	541	533	532	537	542	563	549	579	581	550	517	549
1992	521	498	519	530	540	534	549	556	565	564	672	647	558
1993	617	569	627	654	665	653	662	642	656	661	569	535	626
1994	517	497	524	527	514	513	524	534	533	552	586	571	533
1995	602	618	647	687	707	698	692	756	772	728	745	762	701
1996	749	669	664	667	689	729	786	814	837	803	732	680	735
1997	635	625	674	657	634	634	621	605	608	601	594	507	616
1998	477	497	531	524	####	####	####	####	####	####	####	####	####
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%	106%	105%	100%	97%	94%	101%	102%	110%	101%	87%	85%	100%
1984	105%	105%	104%	101%	99%	99%	102%	102%	99%	100%	96%	88%	100%
1985	98%	95%	97%	99%	101%	99%	101%	100%	104%	104%	102%	99%	100%
1986	101%	92%	96%	93%	94%	94%	97%	100%	108%	112%	108%	103%	100%
1987	78%	77%	80%	86%	91%	92%	94%	101%	110%	134%	126%	131%	100%
1988	114%	105%	103%	105%	104%	101%	102%	98%	98%	96%	94%	80%	100%
1989	100%	94%	97%	98%	96%	96%	99%	100%	105%	104%	105%	105%	100%
1990	108%	107%	101%	102%	74%	101%	103%	104%	103%	102%	97%	98%	100%
1991	103%	99%	97%	97%	98%	99%	102%	100%	105%	106%	100%	94%	100%
1992	93%	89%	93%	95%	97%	96%	98%	100%	101%	101%	120%	116%	100%
1993	99%	91%	100%	104%	106%	104%	106%	103%	105%	106%	91%	85%	100%
1994	97%	93%	98%	99%	96%	96%	98%	100%	100%	104%	110%	107%	100%
1995	86%	88%	92%	98%	101%	100%	99%	108%	110%	104%	106%	109%	100%
1996	102%	91%	90%	91%	94%	99%	107%	111%	114%	109%	100%	93%	100%
1997	103%	101%	109%	107%	103%	103%	101%	98%	99%	97%	96%	82%	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	-65	-48	-58	-45	-48	-36	-44	-34	-39	-40	-26	-9	-41
1984	-26	-21	-34	-24	-33	-23	-22	-23	-21	-13	-10	-20	-23
1985	-27	-34	-31	-29	-46	-36	-35	-33	-20	-15	-8	12	-25
1986	5	-40	-44	-48	-46	-42	-25	-31	-38	-30	-18	-16	-31
1987	-31	-57	-60	-52	-50	-40	-39	-39	-45	-49	-89	-35	-49
1988	-49	-44	-45	-35	-46	-34	-40	-33	-31	-41	-17	-10	-35
1989	-22	-43	-48	-36	-42	-36	-46	-43	-53	-29	-29	-22	-37
1990	-41	-39	-37	-33	-28	-30	-32	-17	-26	-20	-17	-30	-29
1991	-33	-24	-21	-25	-29	-32	-33	-24	-28	-32	-28	-32	-28
1992	-29	-40	-43	-38	-41	-39	-36	-37	-38	-38	-35	-29	-37
1993	-24	-45	-44	-31	-36	-28	-24	-22	-22	-23	-32	-38	-31
1994	-47	-43	-41	-35	-43	-41	-51	-41	-50	-40	-32	-25	-41
1995	-34	-38	-38	-34	-38	-33	-37	-32	-42	-44	-34	-32	-36
1996	-45	-47	-35	-32	-30	-36	-42	-43	-26	-18	4	16	-28
1997	-6	-48	-37	-43	-39	-38	-37	-34	-31	-32	-26	-33	-34
1998	-45	-51	-46	-38									-45
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%	477		-33	13	-20	-46	-44.5
OCT		96%	6%	102%	90%	497		-41	6	-35	-47	-51.4
NOV		98%	5%	104%	93%	531		-39	7	-32	-46	-45.5
DEC		99%	5%	104%	95%	524		-34	4	-30	-38	-38.1
JAN		97%	9%	105%	88%			-37	6	-31	-43
FEB		99%	3%	102%	97%			-35	4	-31	-39
MAR		102%	3%	104%	99%			-38	7	-31	-45
APR		102%	4%	106%	98%			-33	9	-24	-41
MAY		104%	5%	109%	99%			-35	10	-25	-45
JUN		103%	4%	107%	99%			-32	9	-23	-41
JUL		102%	8%	110%	94%			-25	11	-13	-36
AUG		97%	12%	109%	85%			-24	15	-9	-39

Last Updated on 3/10/99
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.