SJ_GR113 St Joseph, MO Fri, Mar 27, 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 2.9875-3.3675 UP 0.25-DN 3.75 -50K to -12K UNCH-DN 4 Iowa-Western 3.0375-3.2875 DN 4.75-UP 0.25 -45K to -20K DN 5-UNCH Illinois 3.2375-3.4675 UP 0.25-DN 1.75 -25K to -2K UNCH-DN 2 Indiana 3.3375-3.4875 DN 4.75-DN 1.75 -15K to OptK DN 5-DN 2 Ohio 3.3875-3.5875 UP 0.25 -10K to 10K UNCH Michigan 3.0875-3.5875 UP 0.25 -40K to 10K UNCH Kansas 3.4375-3.5375 DN 1.75-UP 0.25 -5K to 5K DN 2-UNCH Minnesota 2.8875-3.1475 UP 0.25-DN 3.75 -60K to -34K UNCH-DN 4 Nebraska 2.9175-3.5375 UP 0.25 -57K to 5K UNCH Wisconsin 3.0075-3.0875 DN 3.75-DN 4.75 -48K to -40K DN 4-DN 5 South Dakota 2.8375-3.2375 UP 0.25 -65K to -25K UNCH Missouri 3.3375-3.4875 DN 9.75-UP 0.25 -15K to OptK DN 10-UNCH Sorghum (Milo) Bids Change (¢/bu) Basis Change Kansas 3.3375 UP 0.25 -15K UNCH Missouri NA NA NA NA Dried Distillers Grain (10% Moisture)- dollars/ton - week ending 03/27/2020 Offers Change ($/ton) Iowa-Eastern 160.00 UP 15-UP 10 Iowa-Western 160.00-200.00 UP 30 Illinois 195.00-220.00 UP 35-UNCH Indiana 180.00-235.00 UP 25-UP 44 Ohio 180.00-224.00 UP 15-UP 42 Michigan 175.00-185.00 UP 25-UP 5 Kansas 160.00-235.00 UP 5-UP 60 Minnesota 150.00-180.00 UP 10-UP 27 Nebraska 175.00-222.00 UP 25-UP 33 Wisconsin 160.00-165.00 UP 10-UP 5 South Dakota 170.00-175.00 UP 36-UP 19 Missouri 175.00-185.00 UP 16-UP 10 Modified Wet Distillers Grain (50-55% Moisture)- dollars/ton - week ending 03/27/2020 Offers Change ($/ton) Iowa-Eastern 70.00 UNCH Iowa-Western 60.00-90.00 UNCH-UP 10 Illinois NA NA Indiana NA NA Ohio NA NA Michigan 60.00 UNCH Kansas NA NA Minnesota 68.00-90.00 UP 3-UP 18 Nebraska 70.00-106.00 UP 5-UP 16 Wisconsin 75.00 UP 8 South Dakota 72.00-73.00 UP 6-UNCH Missouri 93.00 UP 5 Wet Distillers Grain (65-70% Moisture) - dollars/ton - week ending 03/27/2020 Offers Change ($/ton) Iowa-Eastern NA NA Iowa-Western 62.00-85.00 UP 17-UP 10 Illinois 75.00 UNCH Indiana NA NA Ohio NA NA Michigan NA NA Kansas 45.00-65.00 UP 5-UP 4 Minnesota 62.00 UP 12 Nebraska 40.00-65.00 UP 2-UP 3 Wisconsin 58.00 UP 3 South Dakota 62.00-65.00 UP 6-UP 9 Missouri 58.00-62.00 UP 5-UP 4 Ethanol - dollars/gallon - week ending 03/27/2020 Offers Change ($/gal) Iowa 0.75-0.87 DN 0.09-DN 0.14 ECB 0.92-0.97 DN 0.03-DN 0.08 Kansas 0.77-0.84 DN 0.08-DN 0.17 Minnesota 0.77-0.78 DN 0.06-DN 0.12 Nebraska 0.75-0.87 DN 0.1-DN 0.17 Wisconsin NA NA South Dakota 0.78 DN 0.05 Distillers Corn Oil (DCO) - cents/pound - week ending 03/27/2020 Offers Change (¢/lb) Iowa 25.00-29.00 UP 5-DN 0.5 ECB 27.50-29.50 UP 1.5-UNCH Nebraska 25.00-26.50 UNCH-DN 2.5 South Dakota 24.00-25.50 UP 0.5-DN 3.25 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 1005Clp