SJ_GR113 Des Moines, IA Tue, Jun 18, 2019 USDA-IA 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 4.1975-4.4875 UP 4.75-UP 0.75 -35N to -6N UP 3-DN 1 Iowa-Western 4.1975-4.5175 UP 1.75-DN 0.25 -35N to -3N UNCH-DN 2 Illinois 4.4075-4.6875 UP 1.75 -14N to 14N UNCH Indiana 4.6975-5.0475 UP 1.75-UP 11.75 15N to 50N UNCH-UP 10 Ohio 4.6975-5.0475 UP 1.75-UP 11.75 15N to 50N UNCH-UP 10 Michigan 4.3375-4.7475 UP 1.75 -21N to 20N UNCH Kansas 4.5475-4.7975 UP 1.75 OptN to 25N UNCH Minnesota 4.0675-4.4375 UP 1.75 -48N to -11N UNCH Nebraska 4.0875-4.5975 UP 1.75-UP 14.75 -46N to 5N UNCH-UP 13 Wisconsin 4.0275-4.3475 UP 1.75-UP 8.75 -52N to -20N UNCH-UP 7 South Dakota 4.1475-4.5175 UP 3.75-UP 1.75 -40N to -3N UP 2-UNCH Missouri 4.1975-4.4675 UP 1.75-UP 3.75 -35N to -8N UNCH-UP 2 Sorghum (Milo) Bids Change (¢/bu) Basis Change Kansas 4.3975 UP 1.75 -15N UNCH Missouri NA NA NA NA Dried Distillers Grain (10% Moisture) Offers Mostly Change ($/ton) Iowa-Eastern 125.00-135.00 UNCH Iowa-Western 115.00-145.00 UNCH Illinois 132.00-165.00 129.00-140.00 UP 7-UP 13 Indiana 124.00-162.00 125.00-140.00 UNCH Ohio 135.00-165.00 UNCH-UP 20 Michigan 125.00-138.00 120.00-135.00 UP 5-UNCH Kansas 130.00-175.00 130.00-140.00 UNCH Minnesota 120.00-145.00 UNCH-UP 15 Nebraska 115.00-152.00 120.00-132.00 UNCH Wisconsin 120.00-140.00 120.00-130.00 UNCH-DN 10 South Dakota 123.00-155.00 UP 8-UP 30 Missouri 135.00-150.00 UP 5-UP 8 Modified Wet Distillers Grain (50-55% Moisture) Offers Mostly Change ($/ton) Iowa-Eastern 60.00-65.00 UNCH Iowa-Western 50.00-65.00 UNCH Illinois NA NA Indiana 65.00 UNCH Ohio NA NA Michigan 60.00 UNCH Kansas NA NA Minnesota 60.00 UNCH Nebraska 60.00-75.00 UP 5-UP 4 Wisconsin 55.00 UNCH South Dakota 53.00-69.00 UP 1-UNCH Missouri 79.00 UP 5 Wet Distillers Grain (65-70% Moisture) Offers Mostly Change ($/ton) Iowa-Eastern NA NA Iowa-Western 35.00-40.00 UNCH Illinois 43.00 UNCH Indiana NA NA Ohio NA NA Michigan 60.00 UNCH Kansas 45.00-60.00 UNCH Minnesota 40.00-48.00 UNCH Nebraska 32.00-64.00 DN 8-UP 4 Wisconsin 42.00 UNCH South Dakota 42.00 UNCH Missouri 48.00-60.00 UP 4-UNCH Ethanol Offers Change ($/gal) Iowa 1.38-1.47 UP 0.06-DN 0.03 ECB 1.52-1.59 UP 0.08-UP 0.06 Kansas 1.41-1.49 UP 0.05 Minnesota 1.38-1.43 UP 0.01-UP 0.05 Nebraska 1.41-1.51 UP 0.05 Wisconsin NA NA South Dakota 1.36 UNCH Distillers Corn Oil (DCO) Offers Change (¢/lb) Iowa 23.00-27.00 DN 2.5-UNCH ECB 23.00-26.00 DN 1-UNCH Nebraska 24.00-26.00 DN 0.5-UNCH South Dakota 23.00-25.00 DN 1.75-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, Des Moines, IA Staff 515-284-4460         www.ams.usda.gov/mnreports/SJ_GR113.txt         www.ams.usda.gov/LPSMarketNewsPage 1050Cnjb