SJ_GR113 St Joseph, MO Tue, Jan 14, 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 3.7450-3.8950 UP 3.75-UP 5.75 -15H to OptH UNCH-UP 2 Iowa-Western 3.7450-4.0050 UP 3.75 -15H to 11H UNCH Illinois 3.7850-4.1550 UP 3.75 -11H to 26H UNCH Indiana 3.8050-4.2450 UP 3.75 -9H to 35H UNCH Ohio 4.1450-4.2550 UP 3.75 25H to 36H UNCH Michigan 3.7450-4.2950 UP 3.75 -15H to 40H UNCH Kansas 3.9450-4.1450 UP 3.75 5H to 25H UNCH Minnesota 3.5350-3.9550 UP 3.75 -36H to 6H UNCH Nebraska 3.6950-3.9150 UP 3.75 -20H to 2H UNCH Wisconsin 3.6950-3.7950 DN 0.25-UP 3.75 -20H to -10H DN 4-UNCH South Dakota 3.4550-3.9450 UP 3.75 -44H to 5H UNCH Missouri 3.7750-4.0450 UP 3.75-UP 8.75 -12H to 15H UNCH-UP 5 Sorghum (Milo) Bids Change (¢/bu) Basis Change Kansas 3.5950-3.6450 UP 3.75 -30H to -25H UNCH Missouri NA NA NA NA Dried Distillers Grain (10% Moisture) Offers Mostly Change ($/ton) Iowa-Eastern 135.00-140.00 UNCH Iowa-Western 135.00-150.00 135.00-145.00 UNCH Illinois 150.00-175.00 150.00-160.00 UNCH-UP 5 Indiana 150.00-155.00 150.00 UP 10-DN 6 Ohio 152.00-160.00 UP 4-UNCH Michigan 142.00-155.00 142.00-145.00 UNCH Kansas 145.00-180.00 148.00-155.00 UNCH Minnesota 135.00-142.00 UNCH Nebraska 150.00-167.00 150.00-160.00 UNCH Wisconsin 138.00-140.00 UNCH South Dakota 130.00-150.00 DN 10-UNCH Missouri 158.00-169.00 DN 2-UP 4 Modified Wet Distillers Grain (50-55% Moisture) Offers Mostly Change ($/ton) Iowa-Eastern 70.00 UNCH Iowa-Western 60.00-75.00 68.00-72.00 UNCH Illinois NA NA Indiana NA NA Ohio NA NA Michigan 60.00 UNCH Kansas NA NA Minnesota 65.00 UNCH Nebraska 70.00-86.00 70.00-80.00 UNCH Wisconsin 62.00 UNCH South Dakota 70.00-78.50 UNCH Missouri 83.00 UNCH Wet Distillers Grain (65-70% Moisture) Offers Mostly Change ($/ton) Iowa-Eastern NA NA Iowa-Western 41.00-50.00 45.00-50.00 UNCH Illinois 58.00 UP 2 Indiana NA NA Ohio NA NA Michigan NA NA Kansas 45.00-65.00 55.00-65.00 UNCH Minnesota 43.00 UNCH Nebraska 40.00-60.00 42.00-56.00 UNCH Wisconsin 48.00 UNCH South Dakota 45.00 UNCH-DN 3 Missouri 55.00-58.00 UP 1-UNCH Ethanol Offers Change ($/gal) Iowa 1.16-1.30 DN 0.04-DN 0.05 ECB 1.27-1.33 DN 0.09-DN 0.05 Kansas 1.16-1.22 DN 0.12-DN 0.09 Minnesota 1.17-1.22 DN 0.07-DN 0.05 Nebraska 1.16-1.23 DN 0.04-DN 0.06 Wisconsin NA NA South Dakota 1.17 DN 0.1 Distillers Corn Oil (DCO) Offers Change (¢/lb) Iowa 24.00-26.50 UNCH-UP 0.5 ECB 23.00-27.00 UP 0.75-UP 0.5 Nebraska 24.00-25.00 UP 0.5-DN 2 South Dakota 23.50-25.50 UP 2-UP 0.5 Bio-Energy Report Notes: Protein content 28-30% for most distiller grains on a dry matter basis. Modified Wet Distillers Grain is a partially dried product. Wet Distillers Grain is a non-dried product. Distillers 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. Yellow Corn = US #2 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 951Clp