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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.

 

 

Quinter (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 #### #### #### #### #### #### #### #### #### #### #### ####   ####
1984 #### #### #### #### #### #### #### #### #### #### #### ####   ####
1985 #### #### #### #### #### #### #### #### #### #### #### ####   ####
1986 #### #### #### #### #### #### #### #### #### #### #### ####   ####
1987 #### #### #### #### #### #### #### 598 659 829 846 799   ####
1988 775 726 704 717 713 614 703 668 677 657       695
1989   510 522 520 516 517 526 536 563 542 539 562   532
1990 568 556 523 538 518 529 537 539 531 528 509 507   532
1991 538 508 515 509 526 523 542 529 563 572 535 508   531
1992 510 481 500 508 524 518 528 533 541 538 639 606   535
1993 570 552 600 617 631 612 613 594 599         599
1994 498 480 495 502 493 491 506 509 514 529 556 535   509
1995 571 584     493 491 506 509 514 529 556 535   529
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 #### #### #### #### #### #### #### #### #### #### #### ####   ####
1984 #### #### #### #### #### #### #### #### #### #### #### ####   ####
1985 #### #### #### #### #### #### #### #### #### #### #### ####   ####
1986 #### #### #### #### #### #### #### #### #### #### #### ####   ####
1987 #### #### #### #### #### #### #### #### #### #### #### ####   ####
1988 111% 104% 101% 103% 103% 88% 101% 96% 97% 94% 0% 0%   83%
1989 0% 96% 98% 98% 97% 97% 99% 101% 106% 102% 101% 106%   92%
1990 107% 104% 98% 101% 97% 99% 101% 101% 100% 99% 96% 95%   100%
1991 101% 96% 97% 96% 99% 99% 102% 100% 106% 108% 101% 96%   100%
1992 95% 90% 93% 95% 98% 97% 99% 100% 101% 100% 119% 113%   100%
1993 95% 92% 100% 103% 105% 102% 102% 99% 100% 0% 0% 0%   75%
1994 98% 94% 97% 99% 97% 96% 99% 100% 101% 104% 109% 105%   100%
1995 108% 110% 0% 0% 93% 93% 96% 96% 97% 100% 105% 101%   83%
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 0 0 0 0 0 0 0 0 0 0 0 0   0
1984 0 0 0 0 0 0 0 0 0 0 0 0   0
1985 0 0 0 0 0 0 0 0 0 0 0 0   0
1986 0 0 0 0 0 0 0 0 0 0 0 0   0
1987 0 0 0 0 0 0 0 -73 -77 -65 -52 -50   -26
1988 -86 -71 -79 -66 -76 -139 -68 -64 -52 -32       -73
1989   -27 -61 -55 -57 -51 -65 -61 -73 -60 -45 -42   -54
1990 -57 -60 -59 -45 -52 -44 -49 -49 -49 -43 -30 -52   -49
1991 -60 -57 -47 -34 -34 -51 -54 -45 -44 -40 -43 -41   -46
1992 -40 -57 -62 -60 -57 -55 -58 -60 -62 -64 -68 -70   -59
1993 -70 -61 -70 -67 -70 -70 -72 -71 -35         -65
1994 -45 -60 -70 -60 -64 -63 -69 -66 -69 -64 -62 -62   -63
1995 -65 -33                       -49
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   #### #### #### #### ####   -60 14 -46 -75 0    
OCT   #### #### #### #### ####   -53 14 -39 -67 0    
NOV   #### #### #### #### ####   -64 10 -54 -74 0    
DEC   #### #### #### #### ####   -55 11 -44 -66 0    
JAN   #### #### #### ####     -58 13 -46 -71      
FEB   #### #### #### ####     -67 30 -37 -97      
MAR   #### #### #### ####     -62 8 -54 -70      
APR   #### #### #### ####     -59 9 -51 -68      
MAY   #### #### #### ####     -55 13 -42 -67      
JUN   #### #### #### ####     -51 13 -38 -63      
JUL   #### #### #### ####     -50 14 -36 -63      
AUG   #### #### #### ####     -53 11 -42 -65      


Last Updated on 3/10/99
By Agricultural Economics

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