SJ_GR113
St Joseph, MO     Thu, Nov 07, 2019     USDA-MO 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  3.5875-3.7075  DN 3             -20Z to -8Z        UNCH
Iowa-Western  3.4875-3.8875  DN 3             -30Z to 10Z        UNCH
Illinois      3.7275-3.9975  DN 3-UP 2        -6Z to 21Z         UNCH-UP 5
Indiana       3.7675-4.2275  DN 3-DN 6        -2Z to 44Z         UNCH-DN 3
Ohio          4.0375-4.2875  DN 3             25Z to 50Z         UNCH
Michigan      3.5375-4.0875  DN 3             -25Z to 30Z        UNCH
Kansas        3.7375-4.0375  DN 3             -5Z to 25Z         UNCH
Minnesota     3.5375-3.7375  DN 3-DN 2        -25Z to -5Z        UNCH-UP 1
Nebraska      3.4875-3.6875  DN 3-DN 5        -30Z to -10Z       UNCH-DN 2
Wisconsin     3.5375-3.8375  DN 3             -25Z to 5Z         UNCH
South Dakota  3.4875-3.8875  UNCH-DN 3        -30Z to 10Z        UP 3-UNCH
Missouri      3.3375-3.7875  DN 3-DN 16       -45Z to OptZ       UNCH-DN 13

Sorghum (Milo)
              Bids           Change (¢/bu)    Basis              Change
Kansas        3.4375-3.5375  DN 3             -35Z to -25Z       UNCH
Missouri      NA             NA               NA                 NA

Dried Distillers Grain  (10% Moisture)
              Offers         Mostly           Change ($/ton)
Iowa-Eastern  135.00                          UNCH
Iowa-Western  135.00-155.00  135.00-145.00    UNCH
Illinois      135.00-156.00  135.00-150.00    UNCH
Indiana       135.00-151.00  145.00-151.00    UNCH-DN 2
Ohio          142.00-155.00                   DN 1-UNCH
Michigan      141.00-150.00                   UP 1-UNCH
Kansas        140.00-175.00  140.00-148.00    UNCH
Minnesota     130.00-140.00                   UNCH
Nebraska      140.00-159.00  140.00-150.00    UNCH
Wisconsin     130.00-140.00                   UNCH
South Dakota  129.00-145.00  136.00-145.00    UNCH
Missouri      150.00-153.00                   UNCH

Modified Wet Distillers Grain (50-55% Moisture)
              Offers         Mostly           Change ($/ton)
Iowa-Eastern  70.00                           UNCH
Iowa-Western  60.00-75.00                     UNCH
Illinois      NA                              NA
Indiana       NA                              NA
Ohio          NA                              NA
Michigan      NA                              NA
Kansas        NA                              NA
Minnesota     65.00                           UNCH
Nebraska      60.00-81.00    65.00-75.00      UNCH
Wisconsin     58.00                           UNCH
South Dakota  65.00-76.00                     UNCH-UP 1
Missouri      77.00                           UNCH

Wet Distillers Grain (65-70% Moisture)
              Offers         Mostly           Change ($/ton)
Iowa-Eastern  NA                              NA
Iowa-Western  50.00-55.00                     UNCH
Illinois      51.00                           UNCH
Indiana       NA                              NA
Ohio          NA                              NA
Michigan      NA                              NA
Kansas        40.00-65.00    57.00-65.00      UNCH
Minnesota     65.00                           UNCH
Nebraska      43.00-60.00    50.00-56.00      UNCH
Wisconsin     45.00                           UNCH
South Dakota  44.00                           UNCH
Missouri      46.00-55.00                     UNCH

Ethanol
              Offers         Change ($/gal)
Iowa          1.36-1.50      DN 0.01-DN 0.05
ECB           1.53-1.56      UNCH-DN 0.02
Kansas        1.36-1.46      UP 0.01-DN 0.01
Minnesota     1.43-1.46      UNCH
Nebraska      1.36-1.57      UP 0.01-UP 0.09
Wisconsin     NA             NA
South Dakota  1.35           UNCH

Distillers Corn Oil (DCO)
              Offers         Change (¢/lb)
Iowa          22.00-24.00    UNCH
ECB           22.00-25.00    DN 1-UP 0.5
Nebraska      22.00-24.00    UNCH-UP 1
South Dakota  22.00-24.00    UNCH-UP 1

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, St Joseph, MO
        Staff  816-676-7000
        www.ams.usda.gov/mnreports/SJ_GR113.txt
        www.ams.usda.gov/LPSMarketNewsPage

         1025Clp