SJ_GR113 Des Moines, IA Thu, Aug 08, 2019 USDA-IA 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 3.9650-4.1350 UP 2.5 -10U to 7U UNCH Iowa-Western 3.9150-4.2150 UP 2.5 -15U to 15U UNCH Illinois 3.9950-4.3450 UP 2.5 -7U to 28U UNCH Indiana 4.2950-4.6650 UP 5.5-UP 2.5 23U to 60U UP 3-UNCH Ohio 4.5650-4.7650 UP 2.5 50U to 70U UNCH Michigan 4.0150-4.7850 UP 2.5 -5U to 72U UNCH Kansas 4.1150-4.4150 UP 2.5 5U to 35U UNCH Minnesota 3.7850-4.1150 UP 2.5 -28U to 5U UNCH Nebraska 3.7850-4.3150 UP 2.5 -28U to 25U UNCH Wisconsin 3.7550-4.1150 UP 2.5 -31U to 5U UNCH South Dakota 3.8450-4.2350 UP 2.5 -22U to 17U UNCH Missouri 3.9550-4.3150 UP 2.5 -11U to 25U UNCH Sorghum (Milo) Bids Change (¢/bu) Basis Change Kansas 3.8150-3.9150 UP 2.5 -25U to -15U UNCH Missouri NA NA NA NA Dried Distillers Grain (10% Moisture) Offers Mostly Change ($/ton) Iowa-Eastern 130.00 UNCH Iowa-Western 115.00-150.00 UNCH Illinois 130.00-150.00 UNCH Indiana 123.00-143.00 UNCH Ohio 133.00-148.00 UNCH Michigan 128.00-150.00 UNCH Kansas 135.00-165.00 UNCH Minnesota 115.00-135.00 UNCH Nebraska 125.00-148.00 UNCH Wisconsin 125.00-138.00 UNCH South Dakota 120.00-136.00 UNCH Missouri 145.00-160.00 UNCH Modified Wet Distillers Grain (50-55% Moisture) Offers Mostly Change ($/ton) Iowa-Eastern 60.00-67.00 UNCH Iowa-Western 55.00-65.00 UNCH Illinois NA NA Indiana 68.00 UNCH Ohio NA NA Michigan 70.00 UNCH Kansas NA NA Minnesota 60.00 UNCH Nebraska 50.00-69.00 UNCH Wisconsin 55.00 UNCH South Dakota 60.85-75.00 UNCH Missouri 80.00 UNCH Wet Distillers Grain (65-70% Moisture) Offers Mostly Change ($/ton) Iowa-Eastern NA NA Iowa-Western 36.00-42.00 UNCH Illinois 47.00 UNCH Indiana NA NA Ohio NA NA Michigan NA NA Kansas 50.00-65.00 UNCH Minnesota 40.00 UNCH Nebraska 25.00-56.00 UNCH Wisconsin 45.00 UNCH South Dakota 44.00 UNCH Missouri 47.00-55.00 UNCH Ethanol Offers Change ($/gal) Iowa 1.35-1.45 DN 0.03-DN 0.06 ECB 1.45-1.47 UP 0.09-DN 0.12 Kansas 1.36-1.42 DN 0.02 Minnesota 1.35 DN 0.03-DN 0.09 Nebraska 1.36-1.42 DN 0.02 Wisconsin 1.47 UP 0.03 South Dakota 1.29 DN 0.01 Distillers Corn Oil (DCO) Offers Change (¢/lb) Iowa 23.00-25.50 DN 0.5-UNCH ECB 23.00-26.50 DN 0.5-UNCH Nebraska 24.00-25.00 UNCH-DN 0.5 South Dakota 23.00-25.50 UNCH 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, Des Moines, IA Staff 515-284-4460         www.ams.usda.gov/mnreports/SJ_GR113.txt         www.ams.usda.gov/LPSMarketNewsPage 1017Cnjb