SJ_GR113 St Joseph, MO Mon, May 16, 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 7.7725-7.9525 DN 10.25 -4N to 14N UNCH Iowa-Western 0.1200-8.1125 DN 769.5-DN 14.2512K to 30N UP 22-UP 18 Illinois 7.7125-8.4325 DN 8.25-DN 10.25 -10N to 62N UP 2-UNCH Indiana 7.8125-8.4125 DN 10.25 OptN to 60N UNCH Ohio 7.7125-7.9625 DN 10.25 -10N to 15N UNCH Michigan 7.3625-7.6125 DN 10.25 -45N to -20N UNCH Kansas 8.1625-8.3925 DN 2.25-DN 10.25 35N to 58N UP 8-UNCH Minnesota 7.5925-8.1325 DN 7.25-DN 10.25 -22N to 32N UP 3-UNCH Nebraska 7.6225-8.0325 DN 10.25-DN 8.25 -19N to 22N UNCH-UP 2 Wisconsin -0.4200-7.7125 DN 783.5-DN 10.25-42K to -10N UP 8-UNCH South Dakota 7.6325-7.9325 DN 10.25-DN 5.25 -18N to 12N UNCH-UP 5 Missouri 7.8725-8.1125 DN 10.25 6N to 30N 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 05/13/2022 Offers Change ($/ton) Iowa-Eastern 260.00-265.00 DN 20-DN 15 Iowa-Western 266.00-290.00 DN 4-DN 10 Illinois 260.00-285.00 DN 10 Indiana 250.00-275.00 DN 20-DN 25 Ohio 265.00-275.00 DN 10-DN 23 Michigan 255.00-270.00 DN 15-DN 25 Kansas 305.00-345.00 DN 15-UNCH Minnesota 260.00-280.00 DN 15-DN 5 Nebraska 280.00-330.00 DN 10-DN 15 Wisconsin 260.00-285.00 DN 18-DN 10 South Dakota 272.00-300.00 DN 18-UNCH Missouri 285.00-310.00 DN 10 Modified Wet Distillers Grain (50-55% Moisture)- dollars/ton - week ending 05/13/2022 Offers Change ($/ton) Iowa-Eastern 125.00-135.00 DN 5 Iowa-Western 125.00-145.00 DN 5-DN 3 Illinois 115.00 DN 20 Indiana NA NA Ohio NA NA Michigan NA NA Kansas NA NA Minnesota 125.00-135.00 UNCH Nebraska 140.00-165.00 UNCH Wisconsin 127.00 DN 5 South Dakota 132.00-148.00 DN 18-DN 2 Missouri 155.00 DN 10 Wet Distillers Grain (65-70% Moisture) - dollars/ton - week ending 05/13/2022 Offers Change ($/ton) Iowa-Eastern NA NA Iowa-Western 90.00-95.00 UNCH Illinois 105.00 DN 10 Indiana NA NA Ohio NA NA Michigan NA NA Kansas 109.00-145.00 DN 16-UP 10 Minnesota 70.00 UNCH Nebraska 110.00-122.00 UNCH-DN 2 Wisconsin 73.00 UNCH South Dakota 100.00 UNCH Missouri 95.00-110.00 UNCH Ethanol - dollars/gallon - week ending 05/13/2022 Offers Change ($/gal) Iowa 2.63-2.80 UP 0.02-UNCH ECB 2.79-2.91 UP 0.06-UP 0.04 Kansas 2.63-2.69 UNCH Minnesota 2.66-2.68 UP 0.05-UP 0 Nebraska 2.63-2.72 UNCH-DN 0.25 Wisconsin NA NA South Dakota 2.67 UP 0.06 Distillers Corn Oil (DCO) - cents/pound - week ending 05/13/2022 Offers Change (¢/lb) Iowa 79.00-86.00 DN 3-UNCH ECB 80.00-83.00 UNCH-UP 0.5 Nebraska 80.00-82.00 DN 2-DN 1 South Dakota 79.00-83.00 DN 3-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 1015Clp