SJ_GR113 Des Moines, IA Thu, Apr 18, 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 3.5550-3.7050 UP 11.5 -13K to 2K UP 2 Iowa-Western 3.4650-3.7050 DN 1 -22K to 2K UNCH Illinois 3.5350-3.7650 UP 14.5-UP 9.5 -15K to 8K UP 5-UNCH Indiana 3.6850-3.8850 UP 9.5-UP 11.5 OptK to 20K UNCH-UP 2 Ohio 3.6650-3.8050 UP 9.5 -2K to 12K UNCH Michigan 3.4750-3.7850 UP 9.5 -21K to 10K UNCH Kansas 3.7650-3.8850 UP 9.5-UP 4.5 8K to 20K UNCH-DN 5 Minnesota 3.3650-3.6550 UP 9.5 -32K to -3K UNCH Nebraska 3.2250-3.7350 UP 9.5 -46K to 5K UNCH Wisconsin 3.3250-3.4450 UP 9.5 -36K to -24K UNCH South Dakota 3.4250-3.5550 UP 10.5-UP 9.5 -26K to -13K UP 1-UNCH Missouri 3.4850-3.8850 UP 9.5 -20K to 20K UNCH Sorghum (Milo) Bids Change (¢/bu) Basis Change Kansas 3.4850 UP 9.5-UP 4.5 -20K UNCH-DN 5 Missouri NA NA NA NA Dried Distillers Grain (10% Moisture) Offers Mostly Change ($/ton) Iowa-Eastern 130.00 UNCH Iowa-Western 125.00-145.00 UNCH Illinois 139.00-165.00 148.00-155.00 UNCH Indiana 125.00-148.00 145.00-155.00 UNCH Ohio 136.00-144.00 DN 2-UNCH Michigan 125.00-140.00 128.00-138.00 UNCH Kansas 135.00-185.00 DN 10-UNCH Minnesota 123.00-138.00 DN 4-UNCH Nebraska 125.00-161.00 140.00-150.00 DN 10-UNCH Wisconsin 127.00-135.00 UNCH South Dakota 130.00-142.00 UNCH-DN 3 Missouri 145.00-150.00 152.00-155.00 UNCH Modified Wet Distillers Grain (50-55% Moisture) Offers Mostly Change ($/ton) Iowa-Eastern 65.00 UNCH Iowa-Western 57.00-77.00 UNCH Illinois NA NA Indiana 75.00 UNCH Ohio NA NA Michigan 62.00-65.00 UNCH Kansas NA NA Minnesota 65.00 UNCH Nebraska 64.00-81.00 69.00-80.00 UNCH Wisconsin 60.00-70.00 UNCH South Dakota 65.00-74.00 UNCH-DN 1 Missouri 77.00 UNCH Wet Distillers Grain (65-70% Moisture) Offers Mostly Change ($/ton) Iowa-Eastern NA NA Iowa-Western 40.00-52.00 UNCH Illinois 40.00-55.00 UNCH Indiana NA NA Ohio NA NA Michigan 60.00 UNCH Kansas 55.00-71.00 DN 3-UNCH Minnesota 40.00-48.00 UNCH Nebraska 45.00-54.00 UNCH Wisconsin 45.00 UNCH South Dakota 42.00 UNCH Missouri 50.00-60.00 UNCH Ethanol Offers Change ($/gal) Iowa 1.19-1.40 UP 0.01-UP 0.02 ECB 1.25-1.36 DN 0.03-DN 0.05 Kansas 1.19-1.25 UP 0.01-UP 0.02 Minnesota 1.20 DN 0.04 Nebraska 1.19-1.35 UP 0.01-UNCH Wisconsin 1.35 UP 0.13 South Dakota 1.18 DN 0.04 Distillers Corn Oil (DCO) Offers Change (¢/lb) Iowa 25.00-27.00 UP 1.5-UP 1 ECB 24.50-26.00 UP 1-DN 0.5 Nebraska 24.00-26.00 UP 0.5-UNCH South Dakota 24.00-25.00 UP 0.5-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 1047Cnjb