SJ_GR113 St Joseph, MO Mon, Jul 13, 2020 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 3.1225-3.2525 DN 11.5 -25U to -12U UNCH Iowa-Western 2.9925-3.2125 DN 7.5-DN 10.5 -38U to -16U UP 4-UP 1 Illinois 3.2925-3.5225 DN 11.5 -8U to 15U UNCH Indiana 3.1925-3.6225 DN 11.5 -18U to 25U UNCH Ohio 3.4025-3.5725 DN 11.5 3U to 20U UNCH Michigan 3.2725-3.4725 DN 11.5 -10U to 10U UNCH Kansas 3.3825-3.7225 DN 25.5-DN 11.5 1U to 35U DN 14-UNCH Minnesota 2.8225-3.0925 DN 13.5-DN 11.5 -55U to -28U DN 2-UNCH Nebraska 2.8525-3.4725 DN 11.5 -52U to 10U UNCH Wisconsin 3.0225-3.2525 DN 11.5 -35U to -12U UNCH South Dakota 2.8325-3.0325 DN 15.5-DN 11.5 -54U to -34U DN 4-UNCH Missouri 3.2125-3.3725 DN 11.5 -16U to OptU UNCH Sorghum (Milo) Bids Change (¢/bu) Basis Change Kansas 3.4725 DN 11.5 10U UNCH Missouri NA NA NA NA Dried Distillers Grain (10% Moisture)- dollars/ton - week ending 07/10/2020 Offers Change ($/ton) Iowa-Eastern 115.00-120.00 UNCH Iowa-Western 110.00-135.00 UNCH Illinois 135.00-150.00 UP 5 Indiana 125.00-147.00 DN 7 Ohio 135.00-141.00 UP 5-DN 4 Michigan 125.00-138.00 UNCH Kansas 115.00-145.00 UNCH-UP 15 Minnesota 115.00-125.00 UNCH Nebraska 115.00-130.00 UP 10-UNCH Wisconsin 125.00-140.00 UP 5-UNCH South Dakota 110.00-123.00 DN 5-UNCH Missouri 136.00-145.00 DN 3-UNCH Modified Wet Distillers Grain (50-55% Moisture)- dollars/ton - week ending 07/10/2020 Offers Change ($/ton) Iowa-Eastern 58.00-60.00 UNCH Iowa-Western 45.00-60.00 UNCH Illinois NA NA Indiana 50.00 No Comp Ohio NA NA Michigan 55.00 UNCH Kansas NA NA Minnesota 50.00 UNCH Nebraska 46.00-60.00 UP 6-UNCH Wisconsin 57.00 UP 3 South Dakota 55.00-66.00 UNCH Missouri 68.00 DN 2 Wet Distillers Grain (65-70% Moisture) - dollars/ton - week ending 07/10/2020 Offers Change ($/ton) Iowa-Eastern NA NA Iowa-Western 30.00-40.00 UNCH-DN 15 Illinois 43.00 DN 13 Indiana NA NA Ohio NA NA Michigan NA NA Kansas 40.00-50.00 UNCH Minnesota 40.00 DN 5 Nebraska 25.00-48.00 UP 10-UP 1 Wisconsin 41.00 UNCH South Dakota 45.00-46.00 DN 1-UNCH Missouri 42.00-65.00 DN 2-UP 21 Ethanol - dollars/gallon - week ending 07/10/2020 Offers Change ($/gal) Iowa 1.40-1.53 UP 0.23 ECB 1.54-1.65 UP 0.26-UP 0.33 Kansas 1.54 UP 0.37-UP 0.31 Minnesota 1.35-1.51 UP 0.17-UP 0.33 Nebraska 1.24-1.52 UP 0.07-UP 0.16 Wisconsin NA NA South Dakota 1.49 UP 0.32 Distillers Corn Oil (DCO) - cents/pound - week ending 07/10/2020 Offers Change (¢/lb) Iowa 21.00-25.25 UNCH ECB 20.50-25.50 DN 1.5-UNCH Nebraska 22.00-25.00 UP 1-UNCH South Dakota 21.00-25.25 UNCH-UP 0.25 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 954Clp