SJ_GR113 Des Moines, IA Wed, Nov 28, 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 3.3575-3.5075 UP 3.25 -25Z to -10Z UNCH Iowa-Western 3.0375-3.5275 UP 3.25 -57Z to -8Z UNCH Illinois 3.4075-3.6875 UP 18.25-UP 3.25 -20Z to 8Z UP 15-UNCH Indiana 3.4475-3.7075 UP 6.25-UP 3.25 -16Z to 10Z UP 3-UNCH Ohio 3.2575-3.5775 UP 3.25-UP 5.25 -35Z to -3Z UNCH-UP 2 Michigan 3.3075-3.5075 UP 3.25 -30Z to -10Z UNCH Kansas 3.4575-3.8575 UP 3.25 -15Z to 25Z UNCH Minnesota 3.1375-3.4275 UP 3.25 -47Z to -18Z UNCH Nebraska 3.1675-3.5075 UP 3.25 -44Z to -10Z UNCH Wisconsin 3.0675-3.3275 UP 3.25 -54Z to -28Z UNCH South Dakota 3.0975-3.2875 UP 3.25 -51Z to -32Z UNCH Missouri 3.5075-3.7575 UP 3.25-UP 8.25 -10Z to 15Z UNCH-UP 5 Sorghum (Milo) Bids Change (¢/bu) Basis Change Kansas 3.1575-3.5075 UP 3.25 -45Z to -10Z UNCH Missouri NA NA NA NA Dried Distillers Grain (10% Moisture) Offers Mostly Change ($/ton) Iowa-Eastern 130.00-145.00 UNCH Iowa-Western 130.00-155.00 UNCH Illinois 140.00-165.00 136.00-145.00 UNCH Indiana 135.00-155.00 135.00-149.00 UNCH Ohio 135.00-145.00 UP 7-UNCH Michigan 118.00-140.00 135.00-140.00 UNCH Kansas 145.00-180.00 145.00-165.00 UNCH Minnesota 130.00-150.00 130.00-140.00 UNCH Nebraska 130.00-170.00 140.00-155.00 UNCH-DN 20 Wisconsin 130.00-142.00 UNCH South Dakota 130.00-145.00 UNCH Missouri 149.00-168.00 UNCH-UP 3 Modified Wet Distillers Grain (50-55% Moisture) Offers Mostly Change ($/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 UNCH-DN 10 Kansas NA NA Minnesota 70.00 UNCH Nebraska 52.00-83.00 68.00-75.00 UNCH Wisconsin 57.00-75.00 UNCH South Dakota 61.00-73.00 UNCH Missouri 78.00 UNCH Wet Distillers Grain (65-70% Moisture) Offers Mostly Change ($/ton) Iowa-Eastern NA NA Iowa-Western 40.00-56.00 UNCH Illinois 40.00-55.00 UNCH Indiana NA NA Ohio NA NA Michigan 40.00 UNCH Kansas 47.00-65.00 57.00-65.00 DN 3-UNCH Minnesota 48.00 UNCH Nebraska 46.00-55.00 UNCH-UP 1.5 Wisconsin 45.00 UNCH South Dakota 50.00 UNCH Missouri 47.00-52.00 UNCH Ethanol Offers Change ($/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 1028Cnjb