SJ_GR113
St Joseph, MO     Thu, Nov 21, 2019     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  3.4375-3.6175  DN 3.25-DN 7.25  -23Z to -5Z        UNCH-DN 4
Iowa-Western  3.4575-3.8975  DN 1.25-DN 3.25  -21Z to 23Z        UP 2-UNCH
Illinois      3.6475-3.9975  DN 3.25          -2Z to 33Z         UNCH
Indiana       3.6175-4.1475  DN 3.25          -5Z to 48Z         UNCH
Ohio          3.9875-4.1675  DN 3.25          32Z to 50Z         UNCH
Michigan      3.8175-4.0725  DN 3.25-DN 3.5   15Z to 30H         UNCH
Kansas        3.6175-3.9175  DN 8.25-DN 3.25  -5Z to 25Z         DN 5-UNCH
Minnesota     3.4075-3.7175  DN 3.25          -26Z to 5Z         UNCH
Nebraska      3.3675-3.6675  DN 3.25          -30Z to OptZ       UNCH
Wisconsin     3.4375-3.6675  DN 3.25          -23Z to OptZ       UNCH
South Dakota  3.2475-3.8275  DN 5.25-DN 3.25  -42Z to 16Z        DN 2-UNCH
Missouri      3.3675-3.9175  UP 11.75-DN 3.25 -30Z to 25Z        UP 15-UNCH

Sorghum (Milo)
              Bids           Change (¢/bu)    Basis              Change
Kansas        3.3175-3.4175  DN 3.25          -35Z to -25Z       UNCH
Missouri      NA             NA               NA                 NA

Dried Distillers Grain  (10% Moisture)
              Offers         Mostly           Change ($/ton)
Iowa-Eastern  135.00                          UNCH
Iowa-Western  130.00-152.00  135.00-147.00    UNCH
Illinois      135.00-165.00  142.00-155.00    UNCH
Indiana       130.00-155.00  140.00-148.00    UNCH
Ohio          140.00-155.00  150.00-155.00    UNCH
Michigan      135.00-150.00  135.00-142.00    UNCH
Kansas        140.00-170.00  140.00-153.00    UNCH
Minnesota     130.00-140.00                   UNCH
Nebraska      145.00-161.00  148.00-157.00    UNCH
Wisconsin     130.00-140.00                   UNCH
South Dakota  125.00-145.00  136.00-145.00    UNCH
Missouri      152.00-155.00                   UNCH

Modified Wet Distillers Grain (50-55% Moisture)
              Offers         Mostly           Change ($/ton)
Iowa-Eastern  70.00                           UNCH
Iowa-Western  60.00-75.00    60.00-70.00      UNCH
Illinois      NA                              NA
Indiana       NA                              NA
Ohio          NA                              NA
Michigan      NA                              NA
Kansas        NA                              NA
Minnesota     65.00                           UNCH
Nebraska      65.00-85.00    65.00-75.00      UNCH
Wisconsin     58.00                           UNCH
South Dakota  65.00-76.00                     UNCH
Missouri      77.00                           UNCH

Wet Distillers Grain (65-70% Moisture)
              Offers         Mostly           Change ($/ton)
Iowa-Eastern  NA                              NA
Iowa-Western  48.00-60.00                     UNCH
Illinois      53.00                           UNCH
Indiana       NA                              NA
Ohio          NA                              NA
Michigan      NA                              NA
Kansas        40.00-65.00    55.00-65.00      UNCH
Minnesota     43.00                           UNCH
Nebraska      45.00-60.00    45.00-55.00      UNCH
Wisconsin     45.00                           UNCH
South Dakota  52.00                           UNCH
Missouri      46.00-55.00                     UNCH

Ethanol
              Offers         Change ($/gal)
Iowa          1.37-1.43      UP 0.01-DN 0.12
ECB           1.55-1.57      UP 0.08
Kansas        1.37-1.45      UNCH-UP 0.02
Minnesota     1.38-1.42      UNCH-UP 0.03
Nebraska      1.37-1.54      UNCH-UP 0.02
Wisconsin     NA             NA
South Dakota  1.42           UP 0.04

Distillers Corn Oil (DCO)
              Offers         Change (¢/lb)
Iowa          22.00-24.00    UNCH
ECB           22.00-25.00    UNCH-DN 0.5
Nebraska      22.50-23.00    UP 0.5-DN 1
South Dakota  22.00-23.00    UP 1-DN 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

         1010Clp