Whitewater

Whitewater (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	844	790	781	750	721	696	751	763	811	751	647	630	744
1984	592	591	590	569	563	558	573	578	560	562	548	502	565
1985	488	468	475	488	495	485	496	493	510	509	505	486	491
1986	473	438	453	442	449	451	460	481	519	534	516	494	476
1987	492	480	500	540	573	579	589	629	687	833	801	814	626
1988	806	758	734	745	740	717	734	698	703	683	660	565	712
1989	546				531	538	546	554	584	561	573	579	557
1990	590	583	548	556	541	553	557	565	555	555	527	529	555
1991	571	547	538	540	543	547	563	552	579	584	547	520	553
1992	525	502	525	534	542	537	553	562	571	570	678	657	563
1993	623	578	633	659	670	661	664	645	664	667	572	541	631
1994	521	498	528	529	519	518	527	532	534	552	582	575	534
1995	602	622	649	690	706	698	695	760	771	732	747	765	703
1996	747	670	667	665	696	731	788	816	840	802	753	687	738
1997	642	627	677	657	632	630	623	609	612	607	599	511	619
1998	486	501	523	520	####	####	####	####	####	####	####	####	####
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%	101%	97%	94%	101%	102%	109%	101%	87%	85%	100%
1984	105%	105%	104%	101%	100%	99%	101%	102%	99%	99%	97%	89%	100%
1985	99%	95%	97%	99%	101%	99%	101%	100%	104%	103%	103%	99%	100%
1986	99%	92%	95%	93%	94%	95%	97%	101%	109%	112%	108%	104%	100%
1987	78%	77%	80%	86%	91%	92%	94%	100%	110%	133%	128%	130%	100%
1988	113%	106%	103%	105%	104%	101%	103%	98%	99%	96%	93%	79%	100%
1989	98%	0%	0%	0%	95%	97%	98%	100%	105%	101%	103%	104%	75%
1990	106%	105%	99%	100%	97%	100%	100%	102%	100%	100%	95%	95%	100%
1991	103%	99%	97%	98%	98%	99%	102%	100%	105%	106%	99%	94%	100%
1992	93%	89%	93%	95%	96%	95%	98%	100%	101%	101%	120%	117%	100%
1993	99%	91%	100%	104%	106%	105%	105%	102%	105%	106%	91%	86%	100%
1994	97%	93%	99%	99%	97%	97%	99%	99%	100%	103%	109%	108%	100%
1995	86%	88%	92%	98%	100%	99%	99%	108%	110%	104%	106%	109%	100%
1996	101%	91%	90%	90%	94%	99%	107%	111%	114%	109%	102%	93%	100%
1997	104%	101%	109%	106%	102%	102%	101%	98%	99%	98%	97%	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	-59	-43	-51	-37	-45	-32	-38	-28	-39	-35	-24	-6	-36
1984	-24	-20	-32	-22	-29	-23	-22	-21	-21	-13	-4	-14	-20
1985	-26	-36	-36	-33	-50	-40	-41	-37	-24	-21	-11	9	-29
1986	-4	-43	-49	-51	-47	-39	-31	-29	-35	-31	-19	-15	-33
1987	-32	-60	-66	-54	-51	-40	-39	-42	-49	-61	-77	-45	-51
1988	-54	-39	-49	-38	-50	-35	-37	-34	-27	-44	-29	-18	-38
1989	-16				-42	-30	-45	-43	-52	-41	-63	-25	-40
1990	-35	-32	-34	-27	-29	-21	-29	-22	-25	-17	-12	-29	-26
1991	-28	-19	-17	-11	-24	-27	-32	-22	-28	-28	-31	-29	-24
1992	-25	-36	-37	-34	-39	-36	-32	-31	-31	-32	-29	-19	-32
1993	-18	-36	-37	-26	-31	-21	-22	-19	-15	-18	-29	-32	-25
1994	-43	-42	-37	-33	-38	-35	-48	-43	-49	-41	-35	-22	-39
1995	-34	-34	-36	-31	-39	-34	-34	-28	-43	-39	-32	-29	-34
1996	-47	-46	-32	-35	-24	-34	-40	-41	-23	-26	5	23	-27
1997	2	-45	-46	-42	-42	-42	-35	-30	-27	-25	-28	-19	-32
1998	-36	-47	-28	-42									-38
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%	486		-30	16	-14	-45	-35.6
OCT		86%	29%	116%	57%	501		-37	8	-29	-44	-46.9
NOV		88%	30%	118%	58%	523		-36	9	-28	-45	-27.7
DEC		90%	30%	120%	59%	520		-31	9	-22	-39	-42.1
JAN		99%	4%	103%	95%			-36	8	-28	-44
FEB		99%	3%	102%	97%			-31	7	-25	-38
MAR		101%	3%	104%	98%			-35	7	-28	-43
APR		102%	4%	106%	98%			-31	9	-23	-40
MAY		104%	5%	108%	99%			-32	11	-21	-43
JUN		102%	4%	106%	99%			-31	9	-22	-40
JUL		101%	8%	110%	93%			-28	16	-12	-45
AUG		97%	12%	108%	85%			-20	15	-5	-35

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.