SJ_GR113 St Joseph, MO Thu, Oct 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 3.8575-4.1075 UP 5-UP 6 -28Z to -3Z UNCH-UP 1 Iowa-Western 3.7975-4.1875 UP 13-UP 7 -34Z to 5Z UP 8-UP 2 Illinois 3.9175-4.2075 UP 5 -22Z to 7Z UNCH Indiana 3.8375-4.2175 UP 5-UP 3 -30Z to 8Z UNCH-DN 2 Ohio 4.0875-4.2875 UP 5-UP 10 -5Z to 15Z UNCH-UP 5 Michigan 3.8375-3.9375 UP 5 -30Z to -20Z UNCH Kansas 3.8475-4.4875 UP 5 -29Z to 35Z UNCH Minnesota 3.6375-3.8575 UP 5 -50Z to -28Z UNCH Nebraska 3.7875-4.1875 UP 5-UP 15 -35Z to 5Z UNCH-UP 10 Wisconsin 3.6775-3.8975 UP 4-UP 6 -46Z to -24Z DN 1-UP 1 South Dakota 3.5375-3.9075 UP 5 -60Z to -23Z UNCH Missouri 3.7375-3.9475 UP 5 -40Z to -19Z UNCH Sorghum (Milo) Bids Change (¢/bu) Basis Change Kansas NA NA NA NA Missouri NA NA NA NA Dried Distillers Grain (10% Moisture)- dollars/ton - week ending 10/16/2020 Offers Change ($/ton) Iowa-Eastern 152.00-160.00 DN 8-UNCH Iowa-Western 145.00-174.00 DN 3-UP 9 Illinois 170.00-175.00 UP 10-UNCH Indiana 165.00-180.00 UP 2-UP 10 Ohio 167.00-170.00 UP 7-UNCH Michigan 160.00-165.00 UP 5-UNCH Kansas 160.00-205.00 UP 25-UP 27 Minnesota 150.00-160.00 UP 5 Nebraska 160.00-173.00 UNCH-UP 3 Wisconsin 160.00-170.00 UP 5-UNCH South Dakota 152.00-160.00 UP 4-UP 2 Missouri 175.00-185.00 UP 9-UP 5 Modified Wet Distillers Grain (50-55% Moisture)- dollars/ton - week ending 10/16/2020 Offers Change ($/ton) Iowa-Eastern 68.00-70.00 UNCH-UP 2 Iowa-Western 70.00-80.00 DN 5-UNCH Illinois NA NA Indiana 60.00-70.00 UP 10-UP 20 Ohio NA NA Michigan NA NA Kansas NA NA Minnesota 65.00 UP 3 Nebraska 70.00-85.00 UNCH-UP 4 Wisconsin 73.00 UP 3 South Dakota 69.00-79.00 DN 1-UP 4 Missouri 88.00 UP 3 Wet Distillers Grain (65-70% Moisture) - dollars/ton - week ending 10/16/2020 Offers Change ($/ton) Iowa-Eastern NA NA Iowa-Western 48.00-68.00 UNCH-UP 3 Illinois 58.00 UNCH Indiana NA NA Ohio NA NA Michigan NA NA Kansas 43.00-70.00 UP 3-UP 5 Minnesota 38.00 UNCH Nebraska 40.00-58.00 DN 4-UNCH Wisconsin 52.00 UNCH South Dakota 48.00 UNCH Missouri 57.00-60.00 UP 2-UNCH Ethanol - dollars/gallon - week ending 10/16/2020 Offers Change ($/gal) Iowa 1.31-1.43 UP 0.01 ECB 1.44-1.45 UP 0.05-DN 0 Kansas 1.38 UP 0.03 Minnesota 1.34 UP 0.04 Nebraska 1.29-1.43 UP 0.05-UP 0.1 Wisconsin 1.43 UP 0.05 South Dakota 1.33 UP 0.04 Distillers Corn Oil (DCO) - cents/pound - week ending 10/16/2020 Offers Change (¢/lb) Iowa 28.00-31.00 UP 1-UNCH ECB 29.50-32.00 UP 1.5-UP 1 Nebraska 29.00-31.00 UP 1.5-UP 1 South Dakota 28.00-30.50 UP 1-UP 0.5 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 1005Clp