SJ_GR113 St Joseph, MO Fri, Jun 05, 2020 USDA-MO Dept of Ag Market News National Daily Ethanol Report Corn is spot bid at selected Ethanol plants as of 8:00 A.M. Distiller grains with Solubles (DGS) is FOB the plant. Ethanol is the spot market, FOB the plant. Prices quoted: corn dollars/bushel, DGS dollars/ton, ethanol dollars/gallon, corn oil cents/pound. Yellow Corn Bids Change (¢/bu) Basis Change Iowa-Eastern 3.0400-3.2300 UP 5 -25N to -6N UNCH Iowa-Western 2.9700-3.2000 UP 5 -32N to -9N UNCH Illinois 3.0400-3.3400 UP 5 -25N to 5N UNCH Indiana 3.0100-3.4800 UP 5 -28N to 19N UNCH Ohio 3.4400-3.4900 UP 5 15N to 20N UNCH Michigan 3.1400-3.4100 UP 5 -15N to 12N UNCH Kansas 3.2400-3.5700 UP 5 -5N to 28N UNCH Minnesota 2.7600-3.1000 UP 5 -53N to -19N UNCH Nebraska 2.7900-3.2900 UP 5 -50N to OptN UNCH Wisconsin 2.9300-3.0700 UP 5 -36N to -22N UNCH South Dakota 2.8700-3.0200 UP 5 -42N to -27N UNCH Missouri 3.1700-3.3900 UP 5 -12N to 10N UNCH Sorghum (Milo) Bids Change (¢/bu) Basis Change Kansas 3.3900 UP 5 10N UNCH Missouri NA NA NA NA Dried Distillers Grain (10% Moisture)- dollars/ton - week ending 06/05/2020 Offers Change ($/ton) Iowa-Eastern 120.00-130.00 DN 10-UNCH Iowa-Western 120.00-145.00 UNCH-DN 5 Illinois 135.00-165.00 DN 3-UNCH Indiana 135.00-157.00 DN 10-UP 7 Ohio 135.00-148.00 DN 7-DN 2 Michigan 135.00-155.00 DN 10-DN 5 Kansas 125.00-155.00 DN 5-DN 55 Minnesota 125.00-140.00 UNCH Nebraska 110.00-138.00 UNCH Wisconsin 135.00-150.00 DN 5-DN 60 South Dakota 120.00-130.00 DN 5-DN 16 Missouri 129.00-150.00 UNCH Modified Wet Distillers Grain (50-55% Moisture)- dollars/ton - week ending 06/05/2020 Offers Change ($/ton) Iowa-Eastern 65.00 UNCH Iowa-Western 55.00-70.00 DN 3-UNCH Illinois NA NA Indiana NA NA Ohio NA NA Michigan 55.00 UNCH Kansas NA NA Minnesota 60.00 DN 5 Nebraska 45.00-68.00 UNCH-UP 3 Wisconsin NA NA South Dakota 60.00-68.00 DN 8-UNCH Missouri 69.00 UNCH Wet Distillers Grain (65-70% Moisture) - dollars/ton - week ending 06/05/2020 Offers Change ($/ton) Iowa-Eastern NA NA Iowa-Western 35.00-58.00 DN 5-DN 2 Illinois 56.00 UNCH Indiana NA NA Ohio NA NA Michigan NA NA Kansas 50.00-53.00 UP 6-DN 7 Minnesota 50.00 No Comp Nebraska 37.00-45.00 DN 3-DN 4.72 Wisconsin 45.00 UNCH South Dakota 48.00-60.00 DN 8-UP 4 Missouri 45.00-68.00 UNCH-UP 23 Ethanol - dollars/gallon - week ending 06/05/2020 Offers Change ($/gal) Iowa 1.08-1.20 UP 0.01-UNCH ECB 1.21-1.28 UP 0.04-UP 0.05 Kansas 1.08-1.15 DN 0.03-UP 0.04 Minnesota 1.10-1.10 UP 0.03-UP 0.02 Nebraska 1.07-1.20 UP 0.01-UP 0.08 Wisconsin NA NA South Dakota 1.10 UP 0.03 Distillers Corn Oil (DCO) - cents/pound - week ending 06/05/2020 Offers Change (¢/lb) Iowa 23.00-27.00 DN 1.5-DN 1 ECB 24.00-27.50 DN 1-DN 1.5 Nebraska 24.50-27.00 UNCH-DN 1 South Dakota 23.50-27.00 DN 1 Bio-Energy Report Notes: Yellow Corn: US #2 daily spot bids at ethanol plants reported as $/bushel Ethanol: Weekly spot bids FOB the ethanol plant reported as $/gallon Distillers Grains: Weekly spot bids FOB the ethanol plant reported as $/per ton. Protein content 28-30% for most distiller grains on a dry matter basis. Distillers corn oil: Weekly Spot bids FOB the ethanol plant reported as ?/lb. Distiller corn oil is intended for animal feed or biofuel and is not Generally Regarded As Safe (GRAS) for human consumption. It may also be referred to as inedible crude corn oil or crude corn oil. Chicago Board of Trade month symbols: F January, G February, H March, J April, K May, M June, N July, Q August, U September, V October, X November, Z December Source: USDA Market News Service, St Joseph, MO Staff 816-676-7000         www.ams.usda.gov/mnreports/SJ_GR113.txt         www.ams.usda.gov/LPSMarketNewsPage 1005Clp