SJ_GR113 St Joseph, MO Tue, Aug 04, 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 2.9450-3.1950 UP 1.5-UP 3.5 -23U to 2U UNCH-UP 2 Iowa-Western 2.8450-3.0750 UP 6.5-UP 1.5 -33U to -10U UP 5-UNCH Illinois 3.1450-3.3250 UP 6.5-UP 1.5 -3U to 15U UP 5-UNCH Indiana 3.1750-3.4250 DN 3.5-UP 6.5 OptU to 25U DN 5-UP 5 Ohio 3.2250-3.3750 UP 1.5 5U to 20U UNCH Michigan 3.1250-3.3250 UP 6.5-DN 8.5 -5U to 15U UP 5-DN 10 Kansas 3.0750-3.5950 DN 8.5-UP 1.5 -10U to 42U DN 10-UNCH Minnesota 2.6750-2.9050 UP 4.5-DN 0.5 -50U to -27U UP 3-DN 2 Nebraska 2.8150-3.2750 UP 17.5-UP 1.5 -36U to 10U UP 16-UNCH Wisconsin 2.8550-2.9150 UP 4.5-DN 0.5 -32U to -26U UP 3-DN 2 South Dakota 2.7050-2.8350 UP 4.5-UP 1.5 -47U to -34U UP 3-UNCH Missouri 3.0050-3.1250 DN 2.5-UP 1.5 -17U to -5U DN 4-UNCH Sorghum (Milo) Bids Change (¢/bu) Basis Change Kansas 3.2750 UP 1.5 10U UNCH Missouri NA NA NA NA Dried Distillers Grain (10% Moisture)- dollars/ton - week ending 07/31/2020 Offers Change ($/ton) Iowa-Eastern 110.00-120.00 UNCH Iowa-Western 107.00-120.00 UP 2-DN 2 Illinois 135.00-140.00 UP 7-DN 12 Indiana 130.00-140.00 UP 3-DN 8 Ohio 130.00-132.00 UP 1-DN 8 Michigan 120.00-130.00 UNCH Kansas 115.00-145.00 UNCH Minnesota 115.00-122.00 UP 5-UNCH Nebraska 115.00-130.00 UNCH-DN 5 Wisconsin 120.00-140.00 UP 2-UNCH South Dakota 105.00-120.00 UNCH-UP 10 Missouri 138.00-145.00 UP 3-UP 6 Modified Wet Distillers Grain (50-55% Moisture)- dollars/ton - week ending 07/31/2020 Offers Change ($/ton) Iowa-Eastern 55.00-60.00 UNCH Iowa-Western 45.00-55.00 UNCH Illinois NA NA Indiana 40.00 DN 10 Ohio NA NA Michigan 45.00 UNCH Kansas NA NA Minnesota 50.00 UNCH Nebraska 40.00-58.00 DN 5-UP 1 Wisconsin 54.00 UNCH South Dakota 45.00-62.50 UNCH Missouri 70.00 UP 2 Wet Distillers Grain (65-70% Moisture) - dollars/ton - week ending 07/31/2020 Offers Change ($/ton) Iowa-Eastern NA NA Iowa-Western 30.00-50.00 UNCH Illinois 45.00 UNCH Indiana NA NA Ohio NA NA Michigan NA NA Kansas 40.00-55.00 UNCH Minnesota NA NA Nebraska 25.00-48.00 DN 5-UNCH Wisconsin 38.00 UNCH South Dakota 45.00 UNCH Missouri 43.00 UP 3-UP 1 Ethanol - dollars/gallon - week ending 07/31/2020 Offers Change ($/gal) Iowa 1.11-1.30 UP 0.1-UNCH ECB 1.24-1.30 DN 0.05-UP 0.01 Kansas 1.11-1.17 UNCH-DN 0.05 Minnesota 1.13-1.16 DN 0.17-DN 0.14 Nebraska 1.11-1.20 UNCH-DN 0.05 Wisconsin NA NA South Dakota 1.13 DN 0.15 Distillers Corn Oil (DCO) - cents/pound - week ending 07/31/2020 Offers Change (¢/lb) Iowa 22.00-25.00 UNCH ECB 22.25-25.50 UNCH Nebraska 22.00-25.00 UNCH South Dakota 21.75-25.00 UP 0.5-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 950Clp