SJ_GR113 St Joseph, MO Wed, May 11, 2022 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 (cents/bu)Basis Change Iowa-Eastern 7.6353-7.8753 UP 5.53-UP 10.53 -14N to 10N UNCH-UP 5 Iowa-Western 7.6753-8.0553 UP 5.53-UP 5.52 -10N to 28N UNCH Illinois 7.6553-8.3953 UP 5.53-UP 5.52 -12N to 62N UNCH Indiana 7.7753-8.1753 UP 5.53 OptN to 40N UNCH Ohio 7.6753-7.9253 UP 5.53-UP 10.53 -10N to 15N UNCH-UP 5 Michigan 7.3253-7.5753 UP 5.53 -45N to -20N UNCH Kansas 8.0453-8.4353 UP 5.52-UP 5.53 27N to 66N UNCH Minnesota 7.5253-8.0953 UP 9.53-UP 12.53 -25N to 32N UP 4-UP 7 Nebraska 7.5853-7.9753 UP 5.53 -19N to 20N UNCH Wisconsin 7.2753-7.6753 UP 5.53 -50N to -10N UNCH South Dakota 7.5753-7.8453 UP 5.53 -20N to 7N UNCH Missouri 7.7753-8.0753 UP 2.52-UP 5.53 OptN to 30N DN 3-UNCH Sorghum (Milo) Bids Change (cents/bu)Basis Change Kansas NA NA NA NA Missouri NA NA NA NA Dried Distillers Grain (10% Moisture)- dollars/ton - week ending 05/06/2022 Offers Change ($/ton) Iowa-Eastern 280.00 DN 5-DN 10 Iowa-Western 270.00-300.00 DN 10-UNCH Illinois 270.00-295.00 DN 17-DN 10 Indiana 270.00-300.00 DN 20-DN 10 Ohio 275.00-298.00 DN 10-UNCH Michigan 270.00-295.00 DN 5-UNCH Kansas 320.00-345.00 UP 20-UNCH Minnesota 275.00-285.00 DN 5-DN 15 Nebraska 290.00-345.00 DN 15-UNCH Wisconsin 278.00-295.00 DN 2-UNCH South Dakota 290.00-300.00 DN 12-DN 10 Missouri 295.00-320.00 DN 10-UNCH Modified Wet Distillers Grain (50-55% Moisture)- dollars/ton - week ending 05/06/2022 Offers Change ($/ton) Iowa-Eastern 130.00-140.00 DN 5 Iowa-Western 130.00-148.00 DN 5-DN 2 Illinois 135.00 UNCH Indiana NA NA Ohio NA NA Michigan NA NA Kansas NA NA Minnesota 125.00-135.00 UNCH Nebraska 140.00-165.00 UNCH-UP 5 Wisconsin 132.00 DN 3 South Dakota 150.00 UP 1-DN 5 Missouri 165.00 DN 5 Wet Distillers Grain (65-70% Moisture) - dollars/ton - week ending 05/06/2022 Offers Change ($/ton) Iowa-Eastern NA NA Iowa-Western 90.00-95.00 UP 5-UNCH Illinois 115.00 UNCH Indiana NA NA Ohio NA NA Michigan NA NA Kansas 125.00-135.00 UP 15-UNCH Minnesota 70.00 UNCH Nebraska 110.00-124.00 UNCH-DN 1 Wisconsin 73.00 UNCH South Dakota 100.00 UNCH Missouri 95.00-110.00 UP 10-UNCH Ethanol - dollars/gallon - week ending 05/06/2022 Offers Change ($/gal) Iowa 2.61-2.80 DN 0.04-DN 0.06 ECB 2.72-2.87 DN 0.05-DN 0.03 Kansas 2.63-2.69 DN 0.04-DN 0.17 Minnesota 2.61-2.67 DN 0.04-DN 0.02 Nebraska 2.63-2.97 DN 0.1-UP 0.11 Wisconsin NA NA South Dakota 2.60 DN 0.04 Distillers Corn Oil (DCO) - cents/pound - week ending 05/06/2022 Offers Change (¢/lb) Iowa 82.00-86.00 UP 3-DN 1 ECB 80.00-82.50 DN 1-DN 7.5 Nebraska 82.00-83.00 UP 2-DN 1 South Dakota 82.00-83.00 UP 3-UNCH 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 1011Clp