SJ_GR113 St Joseph, MO Tue, Mar 01, 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 (¢/bu) Basis Change Iowa-Eastern 6.6875-6.8575 UP 35-UP 32 -22K to -5K UNCH-DN 3 Iowa-Western 6.6075-6.9750 UP 25-UP 39.75 -30K to OptH DN 10-DN 2 Illinois 6.8475-7.3275 UP 35-UP 41 -6K to 42K UNCH-UP 6 Indiana 6.6275-7.0475 UP 32-UP 35 -28K to 14K DN 3-UNCH Ohio 6.7075-6.8875 UP 35 -20K to -2K UNCH Michigan 6.6075-6.7075 UP 35 -30K to -20K UNCH Kansas 6.9750-7.2875 UP 38-UP 33 OptH to 38K UNCH-DN 2 Minnesota 6.5575-6.7675 UP 35-UP 36 -35K to -14K UNCH-UP 1 Nebraska 6.6075-6.9575 UP 35 -30K to 5K UNCH Wisconsin 6.1575-6.8550 UP 10-UP 39 -75K to -12H DN 25-UP 1 South Dakota 6.6075-6.8275 UP 37-UP 36 -30K to -8K UP 2-UP 1 Missouri 6.8450-6.9075 UP 42-UP 30 -13H to OptK UP 4-DN 5 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 02/25/2022 Offers Change ($/ton) Iowa-Eastern 235.00-250.00 UP 5-UP 15 Iowa-Western 245.00-275.00 UP 25-UP 15 Illinois 225.00-235.00 UNCH Indiana 220.00-238.00 UP 2-UP 7 Ohio 228.00-233.00 UP 13-UP 8 Michigan 220.00-230.00 UP 15-UP 5 Kansas 260.00-290.00 UP 10 Minnesota 230.00-240.00 UNCH-UP 5 Nebraska 250.00-268.00 UP 10-UP 11 Wisconsin 207.00-230.00 UP 7-UP 15 South Dakota 245.00-280.00 UP 15-UP 35 Missouri 255.00-285.00 UP 5-UNCH Modified Wet Distillers Grain (50-55% Moisture)- dollars/ton - week ending 02/25/2022 Offers Change ($/ton) Iowa-Eastern 110.00-120.00 UP 10-UP 15 Iowa-Western 110.00-130.00 UNCH Illinois 115.00 UNCH Indiana NA NA Ohio NA NA Michigan NA NA Kansas NA NA Minnesota 90.00-102.00 UNCH Nebraska 100.00-134.00 UNCH-UP 7 Wisconsin 102.00 UP 2 South Dakota 112.00-125.00 UP 2-UP 9 Missouri 140.00 UP 5 Wet Distillers Grain (65-70% Moisture) - dollars/ton - week ending 02/25/2022 Offers Change ($/ton) Iowa-Eastern NA NA Iowa-Western 72.00-80.00 UNCH Illinois NA NA Indiana NA NA Ohio NA NA Michigan NA NA Kansas 85.00-105.00 UNCH Minnesota 65.00 UNCH Nebraska 80.00-115.00 UP 5-UP 17 Wisconsin 68.00 UP 3 South Dakota 80.00 UNCH Missouri 78.00-89.00 UNCH Ethanol - dollars/gallon - week ending 02/25/2022 Offers Change ($/gal) Iowa 2.07-2.25 UP 0.18-UP 0.1 ECB NA NA Kansas NA NA Minnesota 2.13 UP 0.08 Nebraska 1.96-2.18 UP 0.07-UP 0.13 Wisconsin NA NA South Dakota 2.17 UP 0.13 Distillers Corn Oil (DCO) - cents/pound - week ending 02/25/2022 Offers Change (¢/lb) Iowa 71.00-80.00 UP 1-UP 5 ECB 70.00-75.00 UNCH-DN 2 Nebraska 73.00-75.00 UNCH-UP 2 South Dakota 73.00-75.00 UP 2-UP 1 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 1000Clp