GX_GR212 Des Moines, IA Fri, May 17, 2019 USDA-IA Dept of Ag Market News Eastern Corn Belt Ethanol Corn and Co-Products Processing Values Corn prices compared with value of processing products for Eastern Corn Belt ethanol plants. Eastern Corn Belt represents ethanol plants in the states of Illinois, Indiana, Ohio, and Michigan. Eastern Corn Belt may be denoted as ECB. This week Last week Last year Unit May 17, 2019 May 10, 2019 May 18, 2018 Ethanol tank cars & trucks ECB plants $/gal 1.34 1.32 1.45 Ethanol yield per bushel processed gal 2.80 2.80 2.80 Value from bushel of corn $ 3.74 3.68 4.06 Distillers Dried Grains, 10% moisture ECB plants $/ton 130.70 129.10 177.70 DDGS yield per bushel processed lbs 17.75 17.75 17.75 Value from bushel of corn $ 1.16 1.15 1.58 Value of ethanol and DDGS from bushel of corn $ 4.90 4.83 5.64 No. 2 Yellow Corn truck price ECB points $/bu 3.61 3.55 3.88 Difference between corn price & value of co-products $ 1.30 1.28 1.76 Bio-Energy Report Notes: This table is presented for statistical comparison and is not intended to indicate operating margins. All prices are a simple average derived from SJ_GR113. Terms of these prices are negotiated, spot market, and FOB the plant. Source: USDA Market News Service, Des Moines, IA nina biensen 515-284-4460 DesM.LPGMN@ams.usda.gov www.ams.usda.gov/mnreports/GX_GR212.txt www.ams.usda.gov/LSMarketNews 1044C njb