SJ_GR113
Des Moines, IA Tue, Feb 05, 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 3.5425-3.6525 UP 1-DN 8 -25H to -14H UNCH-DN 9
Iowa-Western 3.4425-3.6625 UNCH-DN 2 -35H to -13H DN 1-DN 3
Illinois 3.5425-3.8725 UP 6-UP 2 -25H to 8H UP 5-UP 1
Indiana 3.6525-3.8425 UP 1 -14H to 5H UNCH
Ohio 3.7225-3.8225 UP 1 -7H to 3H UNCH
Michigan 3.5925-3.8925 UP 1 -20H to 10H UNCH
Kansas 3.7825-4.0425 UP 1 -1H to 25H UNCH
Minnesota 3.4325-3.6225 UP 3-UP 4 -36H to -17H UP 2-UP 3
Nebraska 3.2725-3.6725 DN 13-DN 1 -52H to -12H DN 14-DN 2
Wisconsin 3.3925-3.5225 UP 1 -40H to -27H UNCH
South Dakota 3.3125-3.5225 UP 1 -48H to -27H UNCH
Missouri 3.6125-3.7725 DN 2-UP 1 -18H to -2H DN 3-UNCH
Sorghum (Milo)
Bids Change (¢/bu) Basis Change
Kansas 3.4925-3.5425 UP 1 -30H to -25H UNCH
Missouri NA NA NA NA
Dried Distillers Grain (10% Moisture)
Offers Mostly Change ($/ton)
Iowa-Eastern 130.00-150.00 UNCH
Iowa-Western 130.00-170.00 140.00-150.00 UNCH
Illinois 140.00-160.00 148.00-155.00 UNCH-DN 8
Indiana 135.00-160.00 147.00-155.00 UNCH
Ohio 137.00-150.00 DN 3-UNCH
Michigan 120.00-145.00 135.00-145.00 DN 5-UNCH
Kansas 145.00-165.00 160.00-170.00 UNCH-DN 20
Minnesota 130.00-140.00 UNCH-DN 5
Nebraska 130.00-155.00 150.00-159.00 UNCH
Wisconsin 135.00-145.00 UNCH
South Dakota 130.00-145.00 DN 6-DN 8
Missouri 153.00-179.00 165.00-185.00 DN 2-DN 6
Modified Wet Distillers Grain (50-55% Moisture)
Offers Mostly Change ($/ton)
Iowa-Eastern 60.00-80.00 UNCH
Iowa-Western 50.00-65.00 UNCH
Illinois NA NA
Indiana 75.00 UNCH
Ohio NA NA
Michigan 60.00-65.00 UNCH
Kansas NA NA
Minnesota 75.00 UNCH
Nebraska 55.00-82.00 75.00-84.00 UNCH
Wisconsin 60.00-75.00 UNCH
South Dakota 66.00-75.00 UNCH-DN 6
Missouri 85.00 UNCH
Wet Distillers Grain (65-70% Moisture)
Offers Mostly Change ($/ton)
Iowa-Eastern NA NA
Iowa-Western 30.00-46.00 UNCH
Illinois 40.00-56.00 UNCH
Indiana NA NA
Ohio NA NA
Michigan 42.00 UNCH
Kansas 55.00-68.00 UNCH
Minnesota 47.00 UNCH
Nebraska 45.00-60.00 UNCH
Wisconsin 47.00 UNCH
South Dakota 50.00 UNCH
Missouri 60.00-64.00 UNCH
Ethanol
Offers Change ($/gal)
Iowa 1.11-1.25 UP 0.01-UNCH
ECB 1.25-1.27 UP 0.01-UNCH
Kansas 1.11-1.19 UP 0.01-UNCH
Minnesota 1.14-1.18 UP 0.01-UNCH
Nebraska 1.11-1.27 DN 0.02-UP 0.06
Wisconsin 1.27 No Comp
South Dakota 1.13 UP 0.01
Distillers Corn Oil (DCO)
Offers Change (¢/lb)
Iowa 23.75-26.00 UP 0.75-UNCH
ECB 23.50-26.50 DN 0.5-DN 0.25
Nebraska 25.00-26.00 DN 0.5-UNCH
South Dakota 23.50-26.00 UP 0.5-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, Des Moines, IA
Staff 515-284-4460
www.ams.usda.gov/mnreports/SJ_GR113.txt
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