SJ_GR113
St Joseph, MO     Wed, Dec 18, 2019     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  3.7000-3.9000  UP 2-UNCH        -20H to OptH       UNCH-DN 2
Iowa-Western  3.7000-4.0200  UP 3-UP 2        -20H to 12H        UP 1-UNCH
Illinois      3.7500-4.1300  UP 2             -15H to 23H        UNCH
Indiana       3.8300-4.2500  UP 2-DN 1        -7H to 35H         UNCH-DN 3
Ohio          4.1800-4.3000  UP 2-UP 1        28H to 40H         UNCH-DN 1
Michigan      3.9500-4.2500  UP 2             5H to 35H          UNCH
Kansas        3.9000-4.1500  UP 2             OptH to 25H        UNCH
Minnesota     3.5600-3.9900  UP 2             -34H to 9H         UNCH
Nebraska      3.6300-3.9000  UP 2-UP 3        -27H to OptH       UNCH-UP 1
Wisconsin     3.6600-3.8000  UNCH-UP 2        -24H to -10H       DN 2-UNCH
South Dakota  3.5500-3.9300  UP 7-UNCH        -35H to 3H         UP 5-DN 2
Missouri      3.6500-4.0000  UP 2             -25H to 10H        UNCH

Sorghum (Milo)
              Bids           Change (¢/bu)    Basis              Change
Kansas        3.5000-3.6500  UP 2             -40H to -25H       UNCH
Missouri      NA             NA               NA                 NA

Dried Distillers Grain  (10% Moisture)
              Offers         Mostly           Change ($/ton)
Iowa-Eastern  135.00                          UNCH
Iowa-Western  132.00-160.00  135.00-145.00    UNCH
Illinois      146.00-180.00  150.00-160.00    UNCH
Indiana       139.00-161.00     150.00        UNCH
Ohio          148.00-155.00                   UNCH
Michigan      139.00-155.00  142.00-145.00    UNCH
Kansas        140.00-175.00  148.00-155.00    UNCH
Minnesota     135.00-145.00                   UNCH
Nebraska      145.00-176.00  155.00-163.00    UNCH
Wisconsin     135.00-140.00                   UNCH
South Dakota  135.00-150.00                   UNCH
Missouri      155.00-162.00                   UNCH

Modified Wet Distillers Grain (50-55% Moisture)
              Offers         Mostly           Change ($/ton)
Iowa-Eastern  70.00                           UNCH
Iowa-Western  60.00-75.00    68.00-72.00      UNCH
Illinois      NA                              NA
Indiana       NA                              NA
Ohio          NA                              NA
Michigan      65.00                           UNCH
Kansas        NA                              NA
Minnesota     65.00                           UNCH
Nebraska      65.00-89.00    70.00-78.00      UNCH
Wisconsin     60.00                           UNCH
South Dakota  70.00-77.50                     UNCH
Missouri      78.00                           UNCH

Wet Distillers Grain (65-70% Moisture)
              Offers         Mostly           Change ($/ton)
Iowa-Eastern  NA                              NA
Iowa-Western  35.00-64.00    45.00-50.00      UNCH
Illinois      56.00                           UNCH
Indiana       NA                              NA
Ohio          NA                              NA
Michigan      NA                              NA
Kansas        40.00-65.00    55.00-65.00      UNCH
Minnesota     43.00                           UNCH
Nebraska      40.00-60.00    45.00-55.00      UNCH
Wisconsin     45.00                           UNCH
South Dakota  44.00-48.00                     UNCH
Missouri      51.00-55.00                     UNCH

Ethanol
              Offers         Change ($/gal)
Iowa          1.19-1.35      DN 0.12-DN 0.23
ECB           1.37-1.40      DN 0.1-DN 0.2
Kansas        1.19-1.25      DN 0.18-DN 0.17
Minnesota     1.25-1.27      DN 0.12-DN 0.16
Nebraska      1.19-1.36      DN 0.15-DN 0.22
Wisconsin     NA             NA
South Dakota  1.27           DN 0.11

Distillers Corn Oil (DCO)
              Offers         Change (¢/lb)
Iowa          21.00-24.00    UNCH
ECB           22.00-25.00    UNCH
Nebraska      21.00-27.00    UNCH-UP 3.5
South Dakota  21.50-24.00    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, St Joseph, MO
        Staff  816-676-7000
        www.ams.usda.gov/mnreports/SJ_GR113.txt
        www.ams.usda.gov/LPSMarketNewsPage

          925Clp