SJ_GR113 Des Moines, IA Wed, Aug 14, 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 3.5400-3.7500 DN 19.25-DN 20.25-12U to 9U UNCH-DN 1 Iowa-Western 3.4100-3.8100 DN 24.25-DN 19.25-25U to 15U DN 5-UNCH Illinois 3.5900-3.9400 DN 19.25 -7U to 28U UNCH Indiana 3.8100-4.2200 DN 29.25-DN 18.2515U to 56U DN 10-UP 1 Ohio 4.1600-4.3600 DN 19.25-DN 14.2550U to 70U UNCH-UP 5 Michigan 3.6100-4.3800 DN 19.25 -5U to 72U UNCH Kansas 3.7100-4.0100 DN 19.25 5U to 35U UNCH Minnesota 3.3800-3.7600 DN 19.25-DN 14.25-28U to 10U UNCH-UP 5 Nebraska 3.4100-3.8600 DN 16.25-DN 19.25-25U to 20U UP 3-UNCH Wisconsin 3.3600-3.7100 DN 19.25 -30U to 5U UNCH South Dakota 3.4600-3.8400 DN 19.25-DN 17.25-20U to 18U UNCH-UP 2 Missouri 3.5500-3.8600 DN 10.25-DN 19.25-11U to 20U UP 9-UNCH Sorghum (Milo) Bids Change (¢/bu) Basis Change Kansas 3.5100 DN 19.25 -15U UNCH Missouri NA NA NA NA Dried Distillers Grain (10% Moisture) Offers Mostly Change ($/ton) Iowa-Eastern 120.00-125.00 UNCH Iowa-Western 115.00-150.00 UNCH Illinois 130.00-138.00 UNCH-DN 12 Indiana 117.00-136.00 UNCH Ohio 126.00-135.00 UNCH Michigan 125.00-150.00 UNCH Kansas 125.00-155.00 UNCH Minnesota 110.00-130.00 UNCH Nebraska 125.00-135.00 UNCH Wisconsin 120.00-135.00 UNCH South Dakota 110.00-136.00 UNCH Missouri 145.00-155.00 UNCH Modified Wet Distillers Grain (50-55% Moisture) Offers Mostly Change ($/ton) Iowa-Eastern 60.00-67.00 UNCH Iowa-Western 55.00-65.00 UNCH Illinois NA NA Indiana 68.00 UNCH Ohio NA NA Michigan 70.00 UNCH Kansas NA NA Minnesota 60.00 UNCH Nebraska 50.00-67.00 UNCH Wisconsin 55.00 UNCH South Dakota 59.00-75.00 UNCH Missouri 75.00 UNCH Wet Distillers Grain (65-70% Moisture) Offers Mostly Change ($/ton) Iowa-Eastern NA NA Iowa-Western 55.00-65.00 UNCH Illinois 46.00 UNCH Indiana NA NA Ohio NA NA Michigan NA NA Kansas 35.00-65.00 UNCH Minnesota 40.00 UNCH Nebraska 30.00-55.00 UNCH Wisconsin 45.00 UNCH South Dakota 44.00 UNCH Missouri 47.00-55.00 UNCH Ethanol Offers Change ($/gal) Iowa 1.34-1.53 DN 0.01-UP 0.08 ECB 1.34-1.40 DN 0.11-DN 0.07 Kansas 1.34-1.40 DN 0.02 Minnesota 1.35-1.38 UNCH-UP 0.03 Nebraska 1.34-1.43 DN 0.02-UP 0.01 Wisconsin NA NA South Dakota 1.32 UP 0.03 Distillers Corn Oil (DCO) Offers Change (¢/lb) Iowa 24.00-26.00 UP 1-UP 0.5 ECB 23.50-26.00 UP 0.5-DN 0.5 Nebraska 24.00-25.00 UNCH South Dakota 23.00-25.00 UNCH-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 1024Cnjb