SJ_GR113 St Joseph, MO Wed, Jul 22, 2020 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 2.9975-3.1475 DN 3.5-DN 5.5 -23U to -8U UP 2-UNCH Iowa-Western 2.8475-3.1075 DN 5.5 -38U to -12U UNCH Illinois 3.1475-3.3775 DN 5.5 -8U to 15U UNCH Indiana 3.2575-3.5775 DN 4.5-DN 5.5 3U to 35U UP 1-UNCH Ohio 3.2775-3.4775 DN 5.5 5U to 25U UNCH Michigan 3.1275-3.3775 DN 5.5 -10U to 15U UNCH Kansas 3.3775-3.6275 DN 5.5 15U to 40U UNCH Minnesota 2.6775-2.9375 DN 5.5 -55U to -29U UNCH Nebraska 2.7075-3.3275 DN 5.5 -52U to 10U UNCH Wisconsin 2.8775-3.0875 DN 5.5-DN 7.5 -35U to -14U UNCH-DN 2 South Dakota 2.7275-2.8975 DN 3.5-DN 5.5 -50U to -33U UP 2-UNCH Missouri 3.1775-3.2775 DN 5.5 -5U to 5U UNCH Sorghum (Milo) Bids Change (¢/bu) Basis Change Kansas 3.3275 DN 5.5 10U UNCH Missouri NA NA NA NA Dried Distillers Grain (10% Moisture)- dollars/ton - week ending 07/17/2020 Offers Change ($/ton) Iowa-Eastern 115.00 UNCH-DN 5 Iowa-Western 105.00-135.00 DN 5-UNCH Illinois 128.00-152.00 DN 7-UP 2 Indiana 123.00-140.00 DN 2-DN 7 Ohio 135.00-139.00 UNCH-DN 2 Michigan 125.00-132.00 UNCH-DN 6 Kansas 115.00-125.00 UNCH-DN 20 Minnesota 115.00-125.00 UNCH Nebraska 115.00-130.00 UNCH Wisconsin 121.00-135.00 DN 4-DN 5 South Dakota 110.00-123.00 UNCH Missouri 130.00-145.00 DN 6-UNCH Modified Wet Distillers Grain (50-55% Moisture)- dollars/ton - week ending 07/17/2020 Offers Change ($/ton) Iowa-Eastern 58.00 UNCH-DN 2 Iowa-Western 45.00-53.00 UNCH-DN 7 Illinois NA NA Indiana 50.00 UNCH Ohio NA NA Michigan 55.00 UNCH Kansas NA NA Minnesota 50.00 UNCH Nebraska 45.00-58.00 DN 1-DN 2 Wisconsin 55.00 DN 2 South Dakota 56.00-66.00 UP 1-UNCH Missouri 65.00 DN 3 Wet Distillers Grain (65-70% Moisture) - dollars/ton - week ending 07/17/2020 Offers Change ($/ton) Iowa-Eastern NA NA Iowa-Western 30.00-52.00 UNCH-UP 12 Illinois 45.00 UP 2 Indiana NA NA Ohio NA NA Michigan NA NA Kansas 40.00-50.00 UNCH Minnesota 40.00 UNCH Nebraska 30.00-48.00 UP 5-UNCH Wisconsin 38.00 DN 3 South Dakota 45.00 UNCH-DN 1 Missouri 42.00 UNCH-DN 23 Ethanol - dollars/gallon - week ending 07/17/2020 Offers Change ($/gal) Iowa 1.17-1.45 DN 0.23-DN 0.08 ECB 1.35-1.47 DN 0.19-DN 0.18 Kansas 1.17-1.39 DN 0.37-DN 0.15 Minnesota 1.34 DN 0.01-DN 0.17 Nebraska 1.17-1.48 DN 0.07-DN 0.04 Wisconsin NA NA South Dakota 1.32 DN 0.17 Distillers Corn Oil (DCO) - cents/pound - week ending 07/17/2020 Offers Change (¢/lb) Iowa 21.00-25.25 UNCH ECB 20.50-25.00 UNCH-DN 0.5 Nebraska 21.00-25.00 DN 1-UNCH South Dakota 21.00-25.25 UNCH Bio-Energy Report Notes: Yellow Corn: US #2 daily spot bids at ethanol plants reported as $/bushel Ethanol: Weekly spot bids FOB the ethanol plant reported as $/gallon Distillers Grains: Weekly spot bids FOB the ethanol plant reported as $/per ton. Protein content 28-30% for most distiller grains on a dry matter basis. Distillers corn oil: Weekly Spot bids FOB the ethanol plant reported as ?/lb. Distiller 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. 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 956Clp