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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. |
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Historical Corn Market Prices and MPCI Price Elections |
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(March 15 Sales Closing) |
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CBOT Dec Corn |
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CRC |
CRC |
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RA/CRC |
RA |
CRC\GRIP |
RMA |
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Corn |
Corn |
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Nov. |
Nov. |
% |
Oct |
Oct |
% |
Corn |
RA |
High |
Low |
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Plant |
Harv. |
Avg. |
Price |
Harv. |
Avg. |
Price |
Price |
Volat |
Price |
Price |
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Year |
Price |
Price |
Change |
Change |
Price |
Change |
Change |
Elec. |
value |
Factor |
Factor |
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1 |
2007 |
4.06 |
3.80 |
(0.26) |
-6.4% |
3.58 |
(0.48) |
-11.8% |
3.50 |
0.26 |
0.6510 |
0.6510 |
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2 |
2006 |
2.59 |
3.56 |
0.97 |
37.5% |
3.03 |
0.44 |
17.0% |
2.00 |
0.23 |
0.3850 |
0.3850 |
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3 |
2005 |
2.32 |
1.93 |
(0.39) |
-16.8% |
2.02 |
(0.30) |
-12.9% |
2.20 |
0.21 |
0.3210 |
0.3210 |
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4 |
2004 |
2.83 |
1.99 |
(0.84) |
-29.7% |
2.05 |
(0.78) |
-27.6% |
2.45 |
0.21 |
0.3500 |
0.3500 |
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5 |
2003 |
2.42 |
2.37 |
(0.05) |
-2.1% |
2.26 |
(0.16) |
-6.6% |
2.20 |
0.20 |
0.3858 |
0.3858 |
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6 |
2002 |
2.32 |
2.43 |
0.11 |
4.7% |
2.52 |
0.20 |
8.6% |
2.00 |
0.18 |
0.2110 |
0.2270 |
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7 |
2001 |
2.46 |
2.05 |
(0.41) |
-16.7% |
2.08 |
(0.38) |
-15.3% |
2.05 |
0.20 |
0.2080 |
0.2280 |
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8 |
2000 |
2.51 |
2.11 |
(0.40) |
-16.1% |
2.04 |
(0.47) |
-18.7% |
1.90 |
0.21 |
0.2120 |
0.2280 |
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9 |
1999 |
2.40 |
1.96 |
(0.44) |
-18.5% |
2.01 |
(0.39) |
-16.1% |
2.10 |
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10 |
1998 |
2.84 |
2.19 |
(0.65) |
-22.9% |
2.19 |
(0.65) |
-23.0% |
2.60 |
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11 |
1997 |
2.73 |
2.76 |
0.03 |
1.2% |
2.81 |
0.08 |
3.1% |
2.45 |
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12 |
1996 |
3.08 |
2.68 |
(0.40) |
-13.1% |
2.84 |
(0.25) |
-7.9% |
2.65 |
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13 |
1995 |
2.57 |
3.28 |
0.71 |
27.7% |
3.23 |
0.66 |
25.7% |
2.25 |
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14 |
1994 |
2.68 |
2.16 |
(0.52) |
-19.5% |
2.16 |
(0.52) |
-19.5% |
2.40 |
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15 |
1993 |
2.40 |
2.74 |
0.34 |
14.2% |
2.49 |
0.09 |
3.7% |
2.30 |
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16 |
1992 |
2.70 |
2.12 |
(0.59) |
-21.7% |
2.09 |
(0.62) |
-22.7% |
2.30 |
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17 |
1991 |
2.59 |
2.44 |
(0.16) |
-6.0% |
2.51 |
(0.08) |
-3.1% |
2.30 |
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18 |
1990 |
2.47 |
2.27 |
(0.20) |
-8.1% |
2.30 |
(0.18) |
-7.1% |
2.30 |
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19 |
1989 |
2.71 |
2.38 |
(0.33) |
-12.2% |
2.39 |
(0.32) |
-11.7% |
2.60 |
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20 |
1988 |
2.17 |
2.69 |
0.53 |
24.4% |
2.89 |
0.72 |
33.3% |
2.00 |
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21 |
1987 |
1.69 |
1.83 |
0.14 |
8.5% |
1.83 |
0.14 |
8.3% |
2.00 |
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22 |
1986 |
2.11 |
1.70 |
(0.40) |
-19.1% |
1.69 |
(0.41) |
-19.5% |
2.35 |
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23 |
1985 |
2.66 |
2.38 |
(0.28) |
-10.6% |
2.23 |
(0.43) |
-16.1% |
2.85 |
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24 |
1984 |
2.86 |
2.73 |
(0.13) |
-4.4% |
2.78 |
(0.07) |
-2.6% |
2.90 |
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25 |
1983 |
2.88 |
3.49 |
0.61 |
21.2% |
3.48 |
0.59 |
20.6% |
2.70 |
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26 |
1982 |
3.00 |
2.33 |
(0.67) |
-22.4% |
2.20 |
(0.80) |
-26.8% |
3.00 |
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27 |
1981 |
3.77 |
2.77 |
(1.00) |
-26.5% |
2.91 |
(0.86) |
-22.8% |
2.70 |
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28 |
1980 |
3.12 |
3.81 |
0.69 |
22.1% |
3.61 |
0.49 |
15.6% |
2.25 |
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29 |
1979 |
2.59 |
2.68 |
0.09 |
3.6% |
2.78 |
0.19 |
7.4% |
2.00 |
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30 |
1978 |
2.27 |
2.29 |
0.02 |
0.8% |
2.31 |
0.04 |
1.6% |
2.00 |
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31 |
1977 |
2.73 |
2.22 |
(0.52) |
-18.9% |
2.09 |
(0.65) |
-23.7% |
1.70 |
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32 |
1976 |
2.72 |
2.43 |
(0.29) |
-10.7% |
2.65 |
(0.07) |
-2.4% |
1.70 |
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33 |
1975 |
2.72 |
2.69 |
(0.03) |
-1.0% |
2.91 |
0.19 |
7.0% |
1.40 |
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34 |
1974 |
2.89 |
3.65 |
0.76 |
26.2% |
3.80 |
0.91 |
31.5% |
1.20 |
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35 |
1973 |
1.38 |
2.52 |
1.14 |
82.3% |
2.46 |
1.08 |
77.7% |
1.20 |
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Average Price |
2.59 |
2.49 |
(0.107) |
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2.50 |
(0.091) |
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Sd. Deviation |
0.42 |
0.50 |
0.503 |
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0.51 |
0.503 |
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Max Price Increase |
1.139 |
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1.076 |
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Max Price Decrease |
(0.996) |
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(0.858) |
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Copyright 2007, All Rights Reserved |
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