SJ_GR113 St Joseph, MO Fri, Mar 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 3.5475-3.6575 DN 9.5 -15K to -4K UNCH Iowa-Western 3.5475-3.7275 DN 9.5 -15K to 3K UNCH Illinois 3.6475-3.8575 DN 9.5 -5K to 16K UNCH Indiana 3.7475-3.9975 DN 9.5 5K to 30K UNCH Ohio 3.9775-4.0775 DN 9.5 28K to 38K UNCH Michigan 3.7975-3.9975 DN 9.5 10K to 30K UNCH Kansas 3.7975-3.8575 DN 9.5 10K to 16K UNCH Minnesota 3.2775-3.6875 DN 9.5-DN 11.5 -42K to -1K UNCH-DN 2 Nebraska 3.5075-3.7475 DN 13.5-DN 9.5 -19K to 5K DN 4-UNCH Wisconsin 3.3475-3.5975 DN 9.5 -35K to -10K UNCH South Dakota 3.2975-3.6975 DN 9.5-DN 11.5 -40K to OptK UNCH-DN 2 Missouri 3.6975-3.7475 DN 9.5 OptK to 5K UNCH Sorghum (Milo) Bids Change (¢/bu) Basis Change Kansas 3.4475-3.5475 DN 9.5 -25K to -15K UNCH Missouri NA NA NA NA Dried Distillers Grain (10% Moisture)- dollars/ton - week ending 03/13/2020 Offers Change ($/ton) Iowa-Eastern 135.00-145.00 UNCH Iowa-Western 130.00-150.00 UNCH-DN 5 Illinois 135.00-160.00 DN 15 Indiana 148.00-170.00 UNCH Ohio 155.00-162.00 UNCH-UP 1 Michigan 150.00-156.00 UNCH Kansas 135.00-165.00 UNCH Minnesota 135.00-145.00 UNCH Nebraska 130.00-153.50 UNCH-UP 4 Wisconsin 140.00-147.00 UNCH-UP 2 South Dakota 134.00-142.00 DN 1-DN 4 Missouri 155.00-165.00 UNCH-UP 2 Modified Wet Distillers Grain (50-55% Moisture)- dollars/ton - week ending 03/13/2020 Offers Change ($/ton) Iowa-Eastern 70.00 UNCH Iowa-Western 60.00-75.00 UNCH-UP 5 Illinois NA NA Indiana NA NA Ohio NA NA Michigan 60.00 UNCH Kansas NA NA Minnesota 65.00-72.00 UNCH Nebraska 65.00-73.00 UNCH-UP 2.5 Wisconsin 62.00 UNCH South Dakota 66.00-74.00 DN 4-UNCH Missouri 83.00 UP 1 Wet Distillers Grain (65-70% Moisture) - dollars/ton - week ending 03/13/2020 Offers Change ($/ton) Iowa-Eastern NA NA Iowa-Western 41.00-65.00 UNCH Illinois 54.00 UNCH Indiana NA NA Ohio NA NA Michigan NA NA Kansas 40.00-61.00 UNCH Minnesota 45.00 UNCH Nebraska 38.00-60.00 DN 2-UNCH Wisconsin 50.00 UNCH South Dakota 47.00 UP 2-DN 1 Missouri 50.00-58.00 UNCH Ethanol - dollars/gallon - week ending 03/13/2020 Offers Change ($/gal) Iowa 1.12-1.25 DN 0.01-UNCH ECB 1.25-1.27 DN 0.01 Kansas 1.12-1.18 UNCH-DN 0.03 Minnesota 1.11-1.18 DN 0.03-UP 0.01 Nebraska 1.12-1.19 UNCH-DN 0.03 Wisconsin NA NA South Dakota 1.11 DN 0.03 Distillers Corn Oil (DCO) - cents/pound - week ending 03/13/2020 Offers Change (¢/lb) Iowa 22.00-29.50 DN 5-UNCH ECB 26.00-29.50 DN 1-DN 0.5 Nebraska 26.50-30.00 UNCH South Dakota 25.50-28.75 DN 1-DN 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 1007Clp