SJ_GR113 Des Moines, IA Fri, Feb 01, 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 3.5150-3.7150 DN 4.75 -25H to -5H UNCH Iowa-Western 3.4150-3.6650 DN 1.75-DN 4.75 -35H to -10H UP 3-UNCH Illinois 3.4650-3.8350 DN 4.75-DN 3.75 -30H to 7H UNCH-UP 1 Indiana 3.6250-3.8150 DN 3.75-DN 4.75 -14H to 5H UP 1-UNCH Ohio 3.6950-3.7950 DN 4.75 -7H to 3H UNCH Michigan 3.5650-3.8650 UP 0.25-DN 4.75 -20H to 10H UP 5-UNCH Kansas 3.7050-4.0150 DN 6.75-DN 4.75 -6H to 25H DN 2-UNCH Minnesota 3.3850-3.5650 DN 2.75-DN 9.75 -38H to -20H UP 2-DN 5 Nebraska 3.3650-3.6650 DN 3.75-DN 7.75 -40H to -10H UP 1-DN 3 Wisconsin 3.3650-3.4950 DN 4.75 -40H to -27H UNCH South Dakota 3.3050-3.4750 DN 2.75-DN 3.75 -46H to -29H UP 2-UP 1 Missouri 3.6150-3.7450 DN 4.75 -15H to -2H UNCH Sorghum (Milo) Bids Change (¢/bu) Basis Change Kansas 3.4650-3.5150 DN 4.75 -30H to -25H UNCH Missouri NA NA NA NA Dried Distillers Grain (10% Moisture) Offers Mostly Change ($/ton) Iowa-Eastern 130.00-150.00 DN 10-UP 10 Iowa-Western 130.00-170.00 140.00-150.00 DN 5-UNCH Illinois 140.00-168.00 148.00-155.00 UNCH Indiana 135.00-160.00 147.00-155.00 UNCH Ohio 140.00-150.00 UNCH Michigan 125.00-145.00 135.00-145.00 UNCH Kansas 145.00-185.00 160.00-170.00 UNCH Minnesota 130.00-145.00 UNCH Nebraska 135.00-159.00 150.00-159.00 UNCH Wisconsin 135.00-145.00 UNCH South Dakota 136.00-153.00 UNCH Missouri 155.00-185.00 165.00-185.00 UNCH Modified Wet Distillers Grain (50-55% Moisture) Offers Mostly Change ($/ton) Iowa-Eastern 60.00-80.00 UNCH Iowa-Western 50.00-65.00 UNCH Illinois NA NA Indiana 75.00 UNCH Ohio NA NA Michigan 60.00-65.00 UNCH Kansas NA NA Minnesota 75.00 UNCH Nebraska 55.00-84.00 75.00-84.00 UNCH Wisconsin 60.00-75.00 UNCH South Dakota 66.00-81.00 UNCH Missouri 85.00 UNCH Wet Distillers Grain (65-70% Moisture) Offers Mostly Change ($/ton) Iowa-Eastern NA NA Iowa-Western 30.00-46.00 DN 10-UP 1 Illinois 40.00-56.00 UNCH Indiana NA NA Ohio NA NA Michigan 42.00 UNCH Kansas 55.00-68.00 UNCH Minnesota 47.00 UNCH Nebraska 52.00-60.00 UNCH Wisconsin 47.00 UNCH South Dakota 50.00 UNCH Missouri 60.00-64.00 UNCH Ethanol Offers Change ($/gal) Iowa 1.11-1.25 UP 0.01-UNCH ECB 1.25-1.27 UP 0.01-UNCH Kansas 1.11-1.19 UP 0.01-UNCH Minnesota 1.14-1.18 UP 0.01-UNCH Nebraska 1.11-1.27 DN 0.02-UP 0.06 Wisconsin 1.27 No Comp South Dakota 1.13 UP 0.01 Distillers Corn Oil (DCO) Offers Change (¢/lb) Iowa 23.75-26.00 UP 0.75-UNCH ECB 23.50-26.50 DN 0.5-DN 0.25 Nebraska 25.00-26.00 DN 0.5-UNCH South Dakota 23.50-26.00 UP 0.5-UP 1 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 1013Cnjb