SJ_GR113
St Joseph, MO     Mon, Jan 27, 2020     USDA-MO Dept of Ag Market News

Notice:  As Market News transitions reports to the My Market News platform,
report formats will be converted from a text version to a more user-friendly
and accessible PDF format.  Effective Monday, February 3, 2020, this report
will be released only in the PDF format at: 
https://www.ams.usda.gov/mnreports/lsdethanol.pdf

In addition,  reporting methodology will also change to the following: 
Corn and Sorghum cash bids and basis values will be updated Daily. 
Regional DDG, Delivered DDG’s, Ethanol, Corn Oil, and B100 values will be 
updated Weekly on Friday.  New format will also include Weekly Delivery DDG 
values and B100 prices.  If you have any questions, please contact us at
Websupport.lpgmn@usda.gov

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  3.7225-3.9225  DN 6.5-DN 8.5    -15H to 5H         UNCH-DN 2
Iowa-Western  3.7225-3.9725  DN 6.5-DN 7.5    -15H to 10H        UNCH-DN 1
Illinois      3.8125-4.1325  DN 6.5           -6H to 26H         UNCH
Indiana       3.7825-4.1825  DN 6.5-DN 7.5    -9H to 31H         UNCH-DN 1
Ohio          4.1525-4.2225  DN 6.5           28H to 35H         UNCH
Michigan      3.9725-4.2725  DN 6.5           10H to 40H         UNCH
Kansas        3.9225-4.0925  DN 6.5           5H to 22H          UNCH
Minnesota     3.4825-3.8825  DN 7.5           -39H to 1H         DN 1
Nebraska      3.6725-3.9725  DN 6.5           -20H to 10H        UNCH
Wisconsin     3.6725-3.7725  DN 6.5           -20H to -10H       UNCH
South Dakota  3.4425-3.9025  DN 6.5           -43H to 3H         UNCH
Missouri      3.7725-3.9725  DN 6.5           -10H to 10H        UNCH

Sorghum (Milo)
              Bids           Change (¢/bu)    Basis              Change
Kansas        3.6225-3.6425  DN 6.5           -25H to -23H       UNCH
Missouri      NA             NA               NA                 NA

Dried Distillers Grain  (10% Moisture)
              Offers         Mostly           Change ($/ton)
Iowa-Eastern  140.00-142.00                   UNCH
Iowa-Western  135.00-162.00  135.00-145.00    UNCH
Illinois      152.00-175.00  150.00-160.00    UNCH
Indiana       139.00-161.00             150.00UNCH
Ohio          152.00-160.00                   UNCH
Michigan      145.00-155.00  142.00-145.00    UNCH
Kansas        145.00-180.00  148.00-155.00    UNCH
Minnesota     135.00-142.00                   UNCH
Nebraska      140.00-158.00  142.00-152.00    DN 10-DN 9
Wisconsin     140.00-144.00                   UNCH
South Dakota  130.00-148.00                   UNCH
Missouri      160.00-169.00                   UNCH

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    70.00-75.00      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  41.00-65.00    45.00-50.00      UNCH
Illinois      58.00                           UNCH
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    48.00-56.00      UNCH
Wisconsin     50.00                           UNCH
South Dakota  45.00                           UNCH
Missouri      55.00-58.00                     UNCH

Ethanol
              Offers         Change ($/gal)
Iowa          1.17-1.30      UP 0.01-UNCH
ECB           1.30-1.35      UP 0.05-UP 0.03
Kansas        1.17-1.25      UP 0.01-UP 0.03
Minnesota     1.20           UP 0.03-UP 0.01
Nebraska      1.17-1.23      UP 0.01-DN 0.01
Wisconsin     NA             NA
South Dakota  1.20           UP 0.03

Distillers Corn Oil (DCO)
              Offers         Change (¢/lb)
Iowa          24.50-28.00    UP 0.5-UP 1.5
ECB           25.00-28.50    UNCH-UP 1.5
Nebraska      24.00-26.50    UNCH
South Dakota  25.00-28.00    UP 1-UP 2

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

1019C