SJ_GR113 Des Moines, IA Thu, Jun 13, 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 3.9200-4.2500 UP 2.25-UP 3.25 -38N to -5N UNCH-UP 1 Iowa-Western 3.9500-4.2500 UP 2.25 -35N to -5N UNCH Illinois 4.1200-4.4400 UP 4.25-UP 6.25 -18N to 14N UP 2-UP 4 Indiana 4.4000-4.6800 UP 2.25-UP 5.25 10N to 38N UNCH-UP 3 Ohio 4.3400-4.6500 UP 2.25-UP 7.25 4N to 35N UNCH-UP 5 Michigan 4.0900-4.5000 UP 2.25-UP 7.25 -21N to 20N UNCH-UP 5 Kansas 4.3000-4.5500 UP 2.25 OptN to 25N UNCH Minnesota 3.8000-4.1600 UP 2.25-UP 6.25 -50N to -14N UNCH-UP 4 Nebraska 3.8400-4.3500 UP 2.25 -46N to 5N UNCH Wisconsin 3.8000-4.1000 UP 2.25 -50N to -20N UNCH South Dakota 3.8800-4.2700 UP 3.25-UP 2.25 -42N to -3N UP 1-UNCH Missouri 3.9500-4.2000 UP 2.25 -35N to -10N UNCH Sorghum (Milo) Bids Change (¢/bu) Basis Change Kansas 4.1500 UP 2.25 -15N UNCH Missouri NA NA NA NA Dried Distillers Grain (10% Moisture) Offers Mostly Change ($/ton) Iowa-Eastern 130.00 UNCH Iowa-Western 125.00-140.00 UNCH Illinois 125.00-152.00 129.00-140.00 UNCH Indiana 124.00-162.00 125.00-140.00 UNCH Ohio 135.00-145.00 UNCH Michigan 120.00-138.00 120.00-135.00 UNCH Kansas 130.00-175.00 130.00-140.00 UNCH Minnesota 120.00-130.00 UNCH Nebraska 115.00-152.00 120.00-132.00 UNCH Wisconsin 120.00-150.00 120.00-130.00 UNCH South Dakota 115.00-125.00 UNCH Missouri 130.00-142.00 UNCH Modified Wet Distillers Grain (50-55% Moisture) Offers Mostly Change ($/ton) Iowa-Eastern 54.00 UNCH Iowa-Western 50.00-67.00 UNCH Illinois NA NA Indiana 65.00 UNCH Ohio NA NA Michigan 60.00 UNCH Kansas NA NA Minnesota 60.00 UNCH Nebraska 55.00-71.00 UNCH Wisconsin 55.00 UNCH South Dakota 52.00-69.00 UNCH Missouri 74.00 UNCH Wet Distillers Grain (65-70% Moisture) Offers Mostly Change ($/ton) Iowa-Eastern NA NA Iowa-Western 35.00-52.00 UNCH Illinois 43.00 UNCH Indiana NA NA Ohio NA NA Michigan 60.00 UNCH Kansas 45.00-60.00 UNCH Minnesota 40.00-48.00 UNCH Nebraska 40.00-60.00 UNCH Wisconsin 42.00 UNCH South Dakota 42.00 UNCH Missouri 44.00-60.00 UNCH Ethanol Offers Change ($/gal) Iowa 1.32-1.50 DN 0.04-DN 0.02 ECB 1.44-1.53 UP 0.08-UNCH Kansas 1.36-1.44 UP 0.04-UP 0.01 Minnesota 1.37-1.38 UP 0.14-UP 0.15 Nebraska 1.36-1.45 UP 0.04-UP 0.02 Wisconsin NA NA South Dakota 1.36 UP 0.15 Distillers Corn Oil (DCO) Offers Change (¢/lb) Iowa 25.50-27.00 UP 3-UP 1 ECB 24.00-26.00 UP 1-UNCH Nebraska 24.50-26.00 UP 2-UP 0.5 South Dakota 24.75-25.50 UP 2.75-DN 0.5 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         www.ams.usda.gov/LPSMarketNewsPage 1129Cnjb