SJ_GR113
Des Moines, IA Thu, Apr 25, 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 3.3375-3.5575 DN 4.5 -13K to 9K UNCH
Iowa-Western 3.3475-3.5575 DN 4.5 -12K to 9K UNCH
Illinois 3.3175-3.5475 DN 4.5-DN 1.5 -15K to 8K UNCH-UP 3
Indiana 3.4675-3.6675 DN 4.5-DN 2.5 OptK to 20K UNCH-UP 2
Ohio 3.4675-3.5875 DN 4.5 OptK to 12K UNCH
Michigan 3.2575-3.5675 DN 4.5 -21K to 10K UNCH
Kansas 3.5475-3.6675 DN 4.5 8K to 20K UNCH
Minnesota 3.2675-3.4375 DN 1.5-DN 4.5 -20K to -3K UP 3-UNCH
Nebraska 3.0075-3.5675 DN 4.5 -46K to 10K UNCH
Wisconsin 3.1475-3.2475 DN 4.5 -32K to -22K UNCH
South Dakota 3.2375-3.3875 DN 4.5 -23K to -8K UNCH
Missouri 3.3675-3.6675 DN 4.5 -10K to 20K UNCH
Sorghum (Milo)
Bids Change (¢/bu) Basis Change
Kansas 3.2675 DN 4.5 -20K UNCH
Missouri NA NA NA NA
Dried Distillers Grain (10% Moisture)
Offers Mostly Change ($/ton)
Iowa-Eastern 130.00 UNCH
Iowa-Western 125.00-140.00 UNCH
Illinois 139.00-165.00 148.00-155.00 UNCH
Indiana 120.00-148.00 UNCH
Ohio 135.00-141.00 UNCH
Michigan 125.00-140.00 UNCH
Kansas 130.00-185.00 UNCH
Minnesota 123.00-135.00 UNCH
Nebraska 115.00-147.00 UNCH
Wisconsin 127.00-135.00 UNCH
South Dakota 125.00-142.00 UNCH
Missouri 130.00-145.00 UNCH
Modified Wet Distillers Grain (50-55% Moisture)
Offers Mostly Change ($/ton)
Iowa-Eastern 65.00 UNCH
Iowa-Western 57.00-77.00 UNCH
Illinois NA NA
Indiana 73.00 UNCH
Ohio NA NA
Michigan 62.00-65.00 UNCH
Kansas NA NA
Minnesota 65.00 UNCH
Nebraska 60.00-74.00 UNCH
Wisconsin 58.00-70.00 UNCH
South Dakota 65.00-74.00 UNCH
Missouri 77.00 UNCH
Wet Distillers Grain (65-70% Moisture)
Offers Mostly Change ($/ton)
Iowa-Eastern NA NA
Iowa-Western 40.00-52.00 UNCH
Illinois 40.00-55.00 UNCH
Indiana NA NA
Ohio NA NA
Michigan 60.00 UNCH
Kansas 55.00-71.00 UNCH
Minnesota 40.00-48.00 UNCH
Nebraska 40.00-54.00 UNCH
Wisconsin 45.00 UNCH
South Dakota 42.00 UNCH
Missouri 44.00-60.00 UNCH
Ethanol
Offers Change ($/gal)
Iowa 1.18-1.40 DN 0.01-UNCH
ECB 1.31-1.36 UP 0.06-DN 0.01
Kansas 1.18-1.28 DN 0.01-UP 0.03
Minnesota 1.25 UP 0.05
Nebraska 1.18-1.27 DN 0.01-DN 0.08
Wisconsin 1.34 DN 0.01
South Dakota 1.23 UP 0.05
Distillers Corn Oil (DCO)
Offers Change (¢/lb)
Iowa 24.00-26.50 DN 1-DN 0.5
ECB 24.00-26.50 DN 0.5-UP 0.5
Nebraska 25.00-26.00 UP 1-UNCH
South Dakota 23.75-25.50 DN 0.25-UP 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
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