SJ_GR113 St Joseph, MO Fri, Mar 12, 2021 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 5.2150-5.3550 UP 1.75 -17K to -3K UNCH Iowa-Western 5.1650-5.4250 UP 1.75 -22K to 4K UNCH Illinois 5.3650-5.5950 UP 1.75 -2K to 21K UNCH Indiana 5.2650-5.6850 UP 1.75 -12K to 30K UNCH Ohio 5.4150-5.5350 DN 0.25-UP 1.75 3K to 15K DN 2-UNCH Michigan 5.1850-5.4150 UP 1.75 -20K to 3K UNCH Kansas 5.1350-5.6850 UP 1.75 -25K to 30K UNCH Minnesota 5.0050-5.3150 UP 3.75-UP 5.75 -38K to -7K UP 2-UP 4 Nebraska 5.1150-5.6350 UP 1.75 -27K to 25K UNCH Wisconsin 4.9350-5.1550 UP 1.75 -45K to -23K UNCH South Dakota 4.9650-5.2350 UP 1.75 -42K to -15K UNCH Missouri 5.0850-5.3850 UP 1.75 -30K to OptK 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 03/12/2021 Offers Change ($/ton) Iowa-Eastern 225.00 DN 5-DN 10 Iowa-Western 212.00-230.00 DN 8-DN 28 Illinois 225.00-240.00 DN 10-DN 5 Indiana 228.00-248.00 DN 2-UNCH Ohio 226.00-244.00 DN 4-UNCH Michigan 222.00-238.00 DN 6-DN 7 Kansas 240.00-255.00 UNCH Minnesota 215.00-235.00 DN 5-UNCH Nebraska 225.00-240.00 UNCH-UP 5 Wisconsin 220.00-235.00 UNCH South Dakota 224.00-225.00 UP 4-DN 10 Missouri 250.00-260.00 DN 9-DN 5 Modified Wet Distillers Grain (50-55% Moisture)- dollars/ton - week ending 03/12/2021 Offers Change ($/ton) Iowa-Eastern 105.00 UNCH-DN 10 Iowa-Western 100.00-115.00 UNCH-DN 5 Illinois NA NA Indiana 112.00 DN 3 Ohio NA NA Michigan NA NA Kansas NA NA Minnesota 100.00 UNCH Nebraska 95.00-118.00 UNCH-UP 3 Wisconsin 102.00 UNCH South Dakota 114.00 UP 9-DN 5 Missouri 130.00 UNCH Wet Distillers Grain (65-70% Moisture) - dollars/ton - week ending 03/12/2021 Offers Change ($/ton) Iowa-Eastern NA NA Iowa-Western 65.00-68.00 DN 3-DN 6 Illinois 89.00 UNCH Indiana NA NA Ohio NA NA Michigan NA NA Kansas 75.00-85.00 UNCH-UP 1 Minnesota 55.00 UNCH Nebraska 81.00-85.00 UP 11-UP 2 Wisconsin 69.00 DN 4 South Dakota 70.00 UNCH Missouri 85.00-87.00 UNCH Ethanol - dollars/gallon - week ending 03/12/2021 Offers Change ($/gal) Iowa 1.62-1.75 UP 0.01-DN 0.02 ECB 1.78-1.79 UP 0.02 Kansas 1.62-1.70 UP 0.01-UP 0.02 Minnesota 1.68 UP 0.03 Nebraska 1.60-1.80 DN 0.01-UP 0.13 Wisconsin NA NA South Dakota 1.67 UP 0.03 Distillers Corn Oil (DCO) - cents/pound - week ending 03/12/2021 Offers Change (¢/lb) Iowa 46.50-53.00 UP 0.5-UP 3 ECB 48.00-55.00 UP 1.5-UP 5 Nebraska 48.00-51.00 UP 3-UP 2 South Dakota 47.00-52.00 UP 1-UP 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 1012Clp