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   Home / Crops / Insurance / Risk Management

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. 

Historical Market and Milo Price Elections              
(March 15 Sales Closing)                    
    CBOT Dec Corn * 95% = Milo* CRC CRC Sales closing before March 15    
    CRC   CRC   RMA Milo Milo CRC   High CRC    
    Milo Oct Oct % Milo High Low Milo Aug Low Aug % RA
    Plant   Harv.  Avg. Price  Price Price Price Plant   Harv. Price  Avg. Price Volat
  Year Price Price Change Change  Elec. Factor Factor Price Price Factor Change Change value
                           
1 2008         4.45     4.48   0.6210      
  2007 3.83 3.38 (0.45) -11.7% 3.30 0.6140 0.6140 3.55 3.12 0.6040 (0.43) -12.1% 0.26
2 2006 2.33 2.73 0.40 17.2% 1.95 0.3460 0.3460 2.14 2.07   (0.07) -3.3% 0.23
3 2005 2.15 1.87 (0.28) -13.0% 2.15 0.2970 0.2970 2.10 1.99   (0.11) -5.2% 0.21
4 2004 2.71 1.97 (0.74) -27.3% 2.35 0.3360 0.3360 2.43 2.16   (0.27) -11.1% 0.21
5 2003 2.30 2.15 (0.15) -6.5% 2.10 0.3858 0.3858 2.30 2.09   (0.21) -9.1% 0.20
6 2002 2.20 2.39 0.19 8.6% 1.98 0.2110 0.2270 2.18 2.46   0.28 12.8% 0.18
7 2001 2.34 1.95 (0.39) -16.7% 1.80 0.2080 0.2280 2.32 2.06   (0.26) -11.2% 0.20
8 2000 2.38 2.00 (0.38) -16.0% 1.75 0.2120 0.2280 2.11 1.69   (0.42) -19.9% 0.21
9 1999 2.29 1.91 (0.38) -16.6% 1.95                
10 1998 2.70 2.08 (0.62) -23.0% 2.30                
11 1997 2.59 2.67 0.08 3.1% 2.35                
12 1996 2.93 2.70 (0.23) -7.8% 2.50                
13 1995 2.44 3.07 0.63 25.8% 2.10                
14 1994 2.55 2.05 (0.50) -19.6% 2.20                
15 1993 2.28 2.36 0.08 3.5% 2.10                
16 1992 2.57 1.98 (0.59) -23.0% 2.15                
17 1991 2.46 2.38 (0.08) -3.3% 2.15                
18 1990 2.35 2.18 (0.17) -7.2% 1.65                
19 1989