SJ_GR113
Des Moines, IA Mon, May 06, 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 3.3700-3.4800 DN 7.25-DN 20.25 -26N to -15N UNCH-DN 13
Iowa-Western 3.3500-3.6300 DN 7.25-DN 8.25 -28N to OptN UNCH-DN 1
Illinois 3.4300-3.6500 DN 7.25 -20N to 2N UNCH
Indiana 3.5700-3.7400 DN 7.25 -6N to 11N UNCH
Ohio 3.6000-3.6800 DN 7.25 -3N to 5N UNCH
Michigan 3.3900-3.6800 DN 7.25 -24N to 5N UNCH
Kansas 0.2000-3.7700 DN 345.25-DN 7.2520K to 14N UP 25-UNCH
Minnesota 3.2400-3.5300 DN 7.25-DN 5.25 -39N to -10N UNCH-UP 2
Nebraska 3.2300-3.6800 DN 7.25 -40N to 5N UNCH
Wisconsin 3.2300-3.3300 DN 7.25 -40N to -30N UNCH
South Dakota 3.3000-3.5300 DN 8.25-DN 7.25 -33N to -10N DN 1-UNCH
Missouri 3.4800-3.6500 DN 7.25-DN 10.25 -15N to 2N UNCH-DN 3
Sorghum (Milo)
Bids Change (¢/bu) Basis Change
Kansas -0.2000-3.3800 DN 362-DN 7.25 -20K to -25N UNCH
Missouri NA NA NA NA
Dried Distillers Grain (10% Moisture)
Offers Mostly Change ($/ton)
Iowa-Eastern 120.00-125.00 UNCH
Iowa-Western 115.00-140.00 UNCH
Illinois 129.00-140.00 UNCH
Indiana 116.00-142.00 UNCH
Ohio 128.00-138.00 UNCH
Michigan 118.00-130.00 UNCH
Kansas 125.00-155.00 UNCH
Minnesota 119.00-130.00 UNCH
Nebraska 115.00-130.00 UP 5-DN 7
Wisconsin 120.00-135.00 UNCH
South Dakota 120.00-131.00 UNCH
Missouri 130.00-138.00 UNCH
Modified Wet Distillers Grain (50-55% Moisture)
Offers Mostly Change ($/ton)
Iowa-Eastern 60.00 UNCH
Iowa-Western 57.00-60.00 UNCH
Illinois NA NA
Indiana 70.00 UNCH
Ohio NA NA
Michigan 60.00 UNCH
Kansas NA NA
Minnesota 65.00 UNCH
Nebraska 55.00-65.00 UNCH-DN 1
Wisconsin 55.00-65.00 UNCH
South Dakota 64.00-69.00 UNCH
Missouri 72.00 UNCH
Wet Distillers Grain (65-70% Moisture)
Offers Mostly Change ($/ton)
Iowa-Eastern NA NA
Iowa-Western 35.00-40.00 UNCH
Illinois 40.00-55.00 UNCH
Indiana NA NA
Ohio NA NA
Michigan 60.00 UNCH
Kansas 50.00-64.00 UNCH
Minnesota 40.00-48.00 UNCH
Nebraska 35.00-55.00 UNCH
Wisconsin 43.00 UNCH
South Dakota 42.00 UNCH
Missouri 44.00-60.00 UNCH
Ethanol
Offers Change ($/gal)
Iowa 1.16-1.33 UNCH-DN 0.07
ECB 1.21-1.37 UNCH-UP 0.01
Kansas 1.16-1.27 UNCH-UP 0.02
Minnesota 1.21 UNCH
Nebraska 1.16-1.27 UNCH-UP 0.05
Wisconsin NA NA
South Dakota 1.19 UP 0.03
Distillers Corn Oil (DCO)
Offers Change (¢/lb)
Iowa 24.00-27.00 UNCH-UP 0.75
ECB 24.00-26.50 UP 0.5-UNCH
Nebraska 25.50-26.00 UP 0.5-UNCH
South Dakota 24.50-25.25 UP 0.75-DN 0.25
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
1035Cnjb