SJ_GR113
Des Moines, IA Mon, Nov 26, 2018 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 3.3075-3.4375 DN 5-DN 6 -25Z to -12Z UP 1-UNCH
Iowa-Western 2.9875-3.4775 DN 6 -57Z to -8Z UNCH
Illinois 3.3275-3.6475 DN 6-DN 5 -23Z to 9Z UNCH-UP 1
Indiana 3.3175-3.6575 DN 6 -24Z to 10Z UNCH
Ohio 3.2075-3.4575 DN 6-DN 1 -35Z to -10Z UNCH-UP 5
Michigan 3.2575-3.4575 DN 6 -30Z to -10Z UNCH
Kansas 3.4075-3.8075 DN 6 -15Z to 25Z UNCH
Minnesota 3.0875-3.4075 DN 6 -47Z to -15Z UNCH
Nebraska 3.1175-3.4575 DN 6 -44Z to -10Z UNCH
Wisconsin 3.0175-3.2775 DN 6 -54Z to -28Z UNCH
South Dakota 3.0375-3.2375 DN 2-DN 6 -52Z to -32Z UP 4-UNCH
Missouri 3.4075-3.5575 DN 6 -15Z to OptZ UNCH
Sorghum (Milo)
Bids Change (¢/bu) Basis Change
Kansas 3.1075-3.4575 DN 6 -45Z to -10Z UNCH
Missouri NA NA NA NA
Dried Distillers Grain (10% Moisture)
Offers Mostly Change ($/ton)
Iowa-Eastern 130.00-145.00 UNCH
Iowa-Western 130.00-155.00 UNCH
Illinois 136.00-165.00 136.00-145.00 UNCH
Indiana 135.00-165.00 135.00-149.00 UNCH
Ohio 135.00-145.00 UNCH
Michigan 120.00-140.00 135.00-140.00 UNCH
Kansas 145.00-180.00 145.00-165.00 UNCH
Minnesota 130.00-150.00 130.00-140.00 UNCH
Nebraska 130.00-190.00 140.00-155.00 UNCH-UP 34
Wisconsin 130.00-142.00 UNCH
South Dakota 128.50-142.00 UNCH
Missouri 149.00-160.00 UNCH
Modified Wet Distillers Grain (50-55% Moisture)
Offers Mostly Change ($/ton)
Iowa-Eastern 55.00-62.00 UNCH
Iowa-Western 60.00-75.00 UNCH
Illinois NA NA
Indiana 65.00 UNCH
Ohio NA NA
Michigan 55.00-65.00 UNCH
Kansas NA NA
Minnesota 70.00 UNCH
Nebraska 52.00-83.00 68.00-75.00 UNCH-UP 1
Wisconsin 57.00-75.00 UNCH
South Dakota 61.00-69.50 UNCH
Missouri 78.00 UNCH
Wet Distillers Grain (65-70% Moisture)
Offers Mostly Change ($/ton)
Iowa-Eastern NA NA
Iowa-Western 40.00-56.00 UNCH
Illinois 40.00-55.00 UNCH
Indiana NA NA
Ohio NA NA
Michigan 40.00 UNCH
Kansas 50.00-65.00 57.00-65.00 UNCH
Minnesota 48.00 UNCH
Nebraska 46.00-53.50 UP 2-UNCH
Wisconsin 45.00 UNCH
South Dakota 50.00 UNCH
Missouri 47.00-52.00 UNCH
Ethanol
Offers Change ($/gal)
Iowa 1.10-1.37 UNCH-UP 0.02
ECB 1.20-1.27 UP 0.06-UP 0.01
Kansas 1.13-1.19 UNCH
Minnesota 1.18-1.37 UP 0.04-UP 0.02
Nebraska 1.12-1.26 DN 0.01-UP 0.06
Wisconsin NA NA
South Dakota 1.37 UP 0.02
Distillers Corn Oil (DCO)
Offers Change (¢/lb)
Iowa 23.50-26.00 UNCH
ECB 23.50-26.50 DN 0.5-DN 1.5
Nebraska 25.00-27.00 UNCH-UP 0.5
South Dakota 23.00-26.00 UNCH
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
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