SJ_GR113 St Joseph, MO Wed, May 12, 2021 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 7.4225-7.5625 UP 10.5 20N to 34N UNCH Iowa-Western 7.3725-7.6725 UP 10.5 15N to 45N UNCH Illinois 7.3225-7.7025 UP 10.5-UP 8.5 10N to 48N UNCH-DN 2 Indiana 7.4725-7.7225 UP 10.5 25N to 50N UNCH Ohio 7.5225-7.7025 UP 10.5 30N to 48N UNCH Michigan 7.1725-7.5225 UP 10.5 -5N to 30N UNCH Kansas 7.4725-7.8225 UP 10.5 25N to 60N UNCH Minnesota 7.3525-7.5725 UP 10.5 13N to 35N UNCH Nebraska 7.3025-7.7225 UP 10.5 8N to 50N UNCH Wisconsin 6.9725-7.4025 UP 10.5 -25N to 18N UNCH South Dakota 7.2825-7.6825 UP 10.5 6N to 46N UNCH Missouri 7.3225-7.6725 UP 10.5-UP 5.5 10N to 45N UNCH-DN 5 Sorghum (Milo) Bids Change (¢/bu) Basis Change Kansas NA NA NA NA Missouri NA NA NA NA Dried Distillers Grain (10% Moisture)- dollars/ton - week ending 05/07/2021 Offers Change ($/ton) Iowa-Eastern 235.00-245.00 UP 11-UP 20 Iowa-Western 225.00-260.00 UP 5-UP 20 Illinois 250.00-275.00 UP 1-UP 20 Indiana 245.00-250.00 UP 10-UNCH Ohio 240.00-255.00 UP 10 Michigan 240.00-250.00 UP 10-UP 15 Kansas 250.00-260.00 UP 41-UNCH Minnesota 230.00-245.00 UP 15-UP 10 Nebraska 240.00-260.00 UP 15-UP 20 Wisconsin 240.00-245.00 UP 10-DN 10 South Dakota 230.00-245.00 UP 10-UP 25 Missouri 245.00-265.00 UP 10-UP 25 Modified Wet Distillers Grain (50-55% Moisture)- dollars/ton - week ending 05/07/2021 Offers Change ($/ton) Iowa-Eastern 106.00-120.00 UNCH-UP 14 Iowa-Western 100.00-118.00 DN 5-UP 3 Illinois NA NA Indiana 120.00 UNCH Ohio NA NA Michigan NA NA Kansas NA NA Minnesota 105.00-115.00 UP 5 Nebraska 100.00-123.00 UNCH-UP 6 Wisconsin 115.00 UP 8 South Dakota 110.00-125.00 UP 4-UP 19 Missouri 133.00 UP 10 Wet Distillers Grain (65-70% Moisture) - dollars/ton - week ending 05/07/2021 Offers Change ($/ton) Iowa-Eastern NA NA Iowa-Western 75.00 UP 5-UNCH Illinois 105.00 UP 25 Indiana NA NA Ohio NA NA Michigan NA NA Kansas 75.00-100.00 UNCH Minnesota 65.00 UNCH Nebraska 81.00-96.00 UP 3-UP 6 Wisconsin 77.00 DN 5 South Dakota 75.00 UNCH Missouri 75.00-80.00 UNCH Ethanol - dollars/gallon - week ending 05/07/2021 Offers Change ($/gal) Iowa 2.36-2.50 UP 0.19-UP 0.1 ECB 2.54-2.56 UP 0.21-UP 0.18 Kansas 2.36-2.45 UP 0.19-UP 0.22 Minnesota 2.43-2.45 UP 0.21-UP 0.23 Nebraska 2.20-2.51 UP 0.03-UP 0.11 Wisconsin 2.33 DN 0 South Dakota 2.42 UP 0.21 Distillers Corn Oil (DCO) - cents/pound - week ending 05/07/2021 Offers Change (¢/lb) Iowa 48.00-54.00 UNCH-UP 1 ECB 49.00-56.00 UP 2-UP 3 Nebraska 50.00-51.00 UP 2-DN 1 South Dakota 48.00-49.50 UP 1-DN 2.5 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 1010Clp