Scott City

Scott 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	829	775	764	727	707	686	739	751	802	742	635	620	731
1984	581	574	579	559	548	546	561	567	550	552	535	486	553
1985	476	456	467	478	483	476	488	486	500	502	496	477	482
1986	467	426	444	431	433	437	452	469	500	522	503	481	464
1987	479	470	494	531	559	568	573	617	669	823	778	806	614
1988	795	739	722	733	726	702	728	696	695	678	667	565	704
1989	547	515	529	539	528	527	534	545	575	565	576	571	546
1990	573	565	530	540	520	532	539	545	543	540	513	517	538
1991	553	529	523	523	528	534	549	533	565	570	533	506	537
1992	510	483	513	523	534	529	544	551	560	551	660	639	550
1993	602	557	604	636	650	634	637	617	640	647	550	524	608
1994	511	493	516	518	503	501	513	524	523	541	574	561	523
1995	586	606	631	672	692	683	675	740	755	715	727	743	685
1996	734	649	644	648	676	717	778	805	824	792	718	660	720
1997	621	617	664	649	626	623	608	589	589	582	575	499	603
1998	463	479	513	501	####	####	####	####	####	####	####	####	####
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%	104%	99%	97%	94%	101%	103%	110%	101%	87%	85%	100%
1984	105%	104%	105%	101%	99%	99%	101%	103%	100%	100%	97%	88%	100%
1985	99%	95%	97%	99%	100%	99%	101%	101%	104%	104%	103%	99%	100%
1986	101%	92%	96%	93%	93%	94%	97%	101%	108%	112%	109%	104%	100%
1987	78%	76%	81%	86%	91%	92%	93%	100%	109%	134%	127%	131%	100%
1988	113%	105%	103%	104%	103%	100%	103%	99%	99%	96%	95%	80%	100%
1989	100%	94%	97%	99%	97%	97%	98%	100%	105%	104%	105%	105%	100%
1990	106%	105%	98%	100%	97%	99%	100%	101%	101%	100%	95%	96%	100%
1991	103%	98%	97%	97%	98%	99%	102%	99%	105%	106%	99%	94%	100%
1992	93%	88%	93%	95%	97%	96%	99%	100%	102%	100%	120%	116%	100%
1993	99%	92%	99%	105%	107%	104%	105%	101%	105%	106%	90%	86%	100%
1994	98%	94%	99%	99%	96%	96%	98%	100%	100%	103%	110%	107%	100%
1995	86%	88%	92%	98%	101%	100%	98%	108%	110%	104%	106%	108%	100%
1996	102%	90%	89%	90%	94%	99%	108%	112%	114%	110%	100%	92%	100%
1997	103%	102%	110%	107%	104%	103%	101%	98%	98%	96%	95%	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	-75	-57	-68	-60	-59	-43	-50	-40	-48	-44	-35	-16	-50
1984	-35	-37	-42	-33	-44	-34	-34	-32	-30	-23	-18	-29	-33
1985	-38	-48	-44	-43	-62	-49	-48	-44	-34	-28	-19	0	-38
1986	-10	-54	-58	-62	-63	-53	-38	-41	-54	-44	-31	-29	-45
1987	-45	-70	-71	-63	-65	-51	-55	-55	-67	-71	-100	-53	-64
1988	-66	-58	-61	-50	-63	-50	-43	-36	-35	-49	-22	-17	-46
1989	-28	-49	-53	-36	-45	-41	-58	-52	-61	-36	-35	-32	-44
1990	-53	-50	-52	-43	-50	-41	-47	-42	-37	-31	-26	-42	-43
1991	-45	-37	-66	-34	-38	-40	-47	-41	-42	-43	-45	-43	-43
1992	-40	-56	-49	-45	-47	-44	-42	-42	-42	-51	-46	-37	-45
1993	-38	-57	-66	-48	-51	-47	-49	-47	-38	-37	-51	-49	-48
1994	-53	-48	-49	-44	-54	-53	-62	-51	-60	-52	-44	-35	-50
1995	-50	-50	-54	-49	-53	-48	-54	-48	-59	-57	-52	-52	-52
1996	-60	-67	-55	-51	-43	-48	-50	-53	-39	-36	-10	-4	-43
1997	-20	-56	-59	-51	-47	-49	-51	-50	-50	-51	-52	-40	-48
1998	-59	-69	-64	-61									-63
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%	107%	93%	463		-45	13	-32	-58	-58.8
OCT		96%	6%	102%	89%	479		-53	8	-45	-60	-69.2
NOV		98%	5%	103%	92%	513		-56	6	-50	-62	-63.8
DEC		99%	5%	104%	95%	501		-45	6	-39	-51	-60.8
JAN		99%	4%	103%	95%			-49	6	-43	-56
FEB		99%	3%	102%	97%			-46	4	-42	-50
MAR		101%	3%	104%	98%			-50	6	-44	-56
APR		102%	4%	106%	98%			-46	5	-41	-52
MAY		104%	5%	109%	99%			-46	10	-37	-56
JUN		103%	4%	107%	99%			-44	8	-36	-52
JUL		102%	8%	110%	93%			-38	14	-25	-52
AUG		97%	11%	108%	85%			-35	14	-21	-49

Last Updated on 3/11/99
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.