SJ_GR113
Des Moines, IA Thu, May 02, 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 3.4650-3.6150 UP 5.25-UP 8.25 -22N to -7N NO COMP
Iowa-Western 3.4050-3.7050 UP 5.25 -28N to 2N UNCH
Illinois 3.4850-3.6850 UP 7.25-UP 5.25 -20N to OptN NO COMP
Indiana 3.6250-3.7850 UP 6.25-UP 4.25 -6N to 10N NO COMP
Ohio 3.5450-3.7350 UP 1.25-UP 5.25 -14N to 5N NO COMP
Michigan 3.4450-3.7350 UP 12.25-UP 4.25 -24N to 5N NO COMP
Kansas 3.6350-3.8250 UP 2.25-DN 10.75 -5N to 14N NO COMP
Minnesota 3.3150-3.5650 UP 5.25 -37N to -12N NO COMP
Nebraska 3.2850-3.7350 UP 5.25-UP 10.25 -40N to 5N NO COMP
Wisconsin 3.2850-3.3850 UP 5.25-UP 7.25 -40N to -30N NO COMP
South Dakota 3.3650-3.5850 UP 6.25-UP 12.25 -32N to -10N UP 1-UP 7
Missouri 3.5350-3.5950 UP 10.25-DN 13.75-15N to -9N NO COMP
Sorghum (Milo)
Bids Change (¢/bu) Basis Change
Kansas 3.4000-3.4350 UP 6.75-DN 4.75 -20K to -25N NO COMP
Missouri NA NA NA NA
Dried Distillers Grain (10% Moisture)
Offers Mostly Change ($/ton)
Iowa-Eastern 125.00-130.00 UNCH
Iowa-Western 120.00-135.00 UNCH
Illinois 129.00-140.00 UNCH-DN 5
Indiana 116.00-142.00 UNCH
Ohio 128.00-138.00 DN 1-DN 3
Michigan 118.00-130.00 DN 2-UNCH
Kansas 125.00-155.00 UNCH
Minnesota 119.00-130.00 UNCH
Nebraska 110.00-137.00 UNCH
Wisconsin 120.00-135.00 UNCH
South Dakota 120.00-131.00 UNCH
Missouri 130.00-138.00 UNCH
Modified Wet Distillers Grain (50-55% Moisture)
Offers Mostly Change ($/ton)
Iowa-Eastern 60.00 UNCH
Iowa-Western 60.00-65.00 UNCH
Illinois NA NA
Indiana 70.00 UNCH
Ohio NA NA
Michigan 60.00 UNCH-DN 2
Kansas NA NA
Minnesota 65.00 UNCH
Nebraska 55.00-66.00 UNCH
Wisconsin 55.00-65.00 UNCH
South Dakota 64.00-69.00 UNCH
Missouri 72.00 UNCH
Wet Distillers Grain (65-70% Moisture)
Offers Mostly Change ($/ton)
Iowa-Eastern NA NA
Iowa-Western 45.00-50.00 UNCH
Illinois 40.00-55.00 UNCH
Indiana NA NA
Ohio NA NA
Michigan 60.00 UNCH
Kansas 50.00-64.00 UNCH
Minnesota 40.00-48.00 UNCH
Nebraska 35.00-55.00 UNCH
Wisconsin 43.00 UNCH
South Dakota 42.00 UNCH
Missouri 44.00-60.00 UNCH
Ethanol
Offers Change ($/gal)
Iowa 1.16-1.40 DN 0.02-UNCH
ECB 1.21-1.36 DN 0.1-UP 0.01
Kansas 1.16-1.25 DN 0.02-DN 0.03
Minnesota 1.21 DN 0.04
Nebraska 1.16-1.22 DN 0.02-DN 0.05
Wisconsin 1.32 DN 0.02
South Dakota 1.16 DN 0.07
Distillers Corn Oil (DCO)
Offers Change (¢/lb)
Iowa 24.00-26.25 UNCH-DN 0.25
ECB 23.50-26.50 DN 0.5-UNCH
Nebraska 25.00-26.00 UNCH
South Dakota 23.75-25.50 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
1034Cnjb