SJ_GR113 St Joseph, MO Thu, Jun 23, 2022 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 (cents/bu)Basis Change Iowa-Eastern 7.7300-8.3300 DN 7.75-UP 22.25 5N to 65N DN 15-UP 15 Iowa-Western 7.4700-8.3800 UP 26.75-UP 17.2545U to 70N UP 34-UP 10 Illinois 7.7800-8.3000 UP 7.25 10N to 62N UNCH Indiana 7.5700-8.2300 DN 7.25-UP 7.25 55U to 55N UNCH Ohio 7.4800-7.9300 UP 2.25-UP 7.25 -20N to 25N DN 5-UNCH Michigan 7.1200-7.3800 DN 2.25-DN 1.25 10U to -30N UP 5-DN 60 Kansas 8.2800-8.4200 UP 7.25-DN 7.25 60N to 140U UNCH Minnesota 7.6800-8.2800 UP 7.25 OptN to 60N UNCH Nebraska 7.8100-8.3800 UP 7.25 13N to 70N UNCH Wisconsin 7.2600-7.6200 UP 7.25 -42N to -6N UNCH South Dakota 7.4300-8.1200 UP 7.25 -25N to 44N UNCH Missouri 8.0700-8.3300 UP 7.25 39N to 65N UNCH Sorghum (Milo) Bids Change (cents/bu)Basis Change Kansas NA NA NA NA Missouri NA NA NA NA Dried Distillers Grain (10% Moisture)- dollars/ton - week ending 06/17/2022 Offers Change ($/ton) Iowa-Eastern 205.00-235.00 DN 5-UNCH Iowa-Western 200.00-260.00 UNCH-UP 30 Illinois 240.00-285.00 UNCH-UP 15 Indiana 235.00-263.00 UNCH-UP 8 Ohio 230.00-255.00 UNCH-UP 17 Michigan 235.00-255.00 UNCH-UP 10 Kansas 250.00-285.00 DN 10 Minnesota 210.00-290.00 UNCH-UP 30 Nebraska 220.00-250.00 DN 10-UNCH Wisconsin 230.00-265.00 DN 27-UNCH South Dakota 240.00-265.00 UP 10-UNCH Missouri 255.00-275.00 UP 10-UP 15 Modified Wet Distillers Grain (50-55% Moisture)- dollars/ton - week ending 06/17/2022 Offers Change ($/ton) Iowa-Eastern 110.00-120.00 UNCH Iowa-Western 100.00-120.00 DN 10-UP 5 Illinois NA NA Indiana NA NA Ohio NA NA Michigan 125.00 UNCH Kansas NA NA Minnesota 115.00-122.00 UNCH Nebraska 105.00-130.00 UNCH-UP 5 Wisconsin 108.00 DN 19 South Dakota 125.00-134.00 UNCH Missouri 150.00 UNCH Wet Distillers Grain (65-70% Moisture) - dollars/ton - week ending 06/17/2022 Offers Change ($/ton) Iowa-Eastern NA NA Iowa-Western 70.00-100.00 UNCH-UP 10 Illinois 60.00 DN 30 Indiana NA NA Ohio NA NA Michigan NA NA Kansas 75.00-125.00 UNCH-UP 13 Minnesota 65.00 UNCH Nebraska 82.00-115.00 DN 3-UNCH Wisconsin 75.00 UNCH South Dakota 85.00-90.00 UNCH Missouri 70.00-82.00 DN 4-UNCH Ethanol - dollars/gallon - week ending 06/17/2022 Offers Change ($/gal) Iowa 2.65-2.85 UNCH-UP 0.08 ECB 2.86-2.92 UP 0.06-UP 0.02 Kansas 2.65-2.75 UNCH-DN 0.01 Minnesota 2.73-2.73 UP 0.03-UP 0.02 Nebraska 2.65-2.79 UNCH-UP 0.01 Wisconsin NA NA South Dakota 2.72 UP 0.02 Distillers Corn Oil (DCO) - cents/pound - week ending 06/17/2022 Offers Change (¢/lb) Iowa 75.00-80.00 UP 1 ECB 75.00-80.00 DN 1-DN 2 Nebraska 75.00-79.00 UNCH South Dakota 76.00-79.00 UP 2-UNCH 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 1009Clp