SJ_GR113 Des Moines, IA Wed, Mar 20, 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 3.4725-3.6625 DN 2.25-DN 7.25 -24K to -5K UNCH-DN 5 Iowa-Western 3.4625-3.6925 DN 1.25-UP 0.75 -25K to -2K UP 1-UP 3 Illinois 3.5225-3.8025 UP 0.75 -19K to 9K UP 3 Indiana 3.6625-3.7625 DN 0.25-DN 2.25 -5K to 5K UP 2-UNCH Ohio 3.6325-3.7725 DN 2.25 -8K to 6K UNCH Michigan 3.4725-3.7625 DN 2.25 -24K to 5K UNCH Kansas 3.6525-3.9125 DN 2.25-DN 7.25 -6K to 20K UNCH-DN 5 Minnesota 3.3625-3.5725 DN 1.25-DN 2.25 -35K to -14K UP 1-UNCH Nebraska 3.3325-3.6625 DN 2.25-DN 4.25 -38K to -5K UNCH-DN 2 Wisconsin 3.3125-3.4625 DN 2.25 -40K to -25K UNCH South Dakota 3.2825-3.5125 DN 2.25 -43K to -20K UNCH Missouri 3.5525-3.7125 DN 2.25 -16K to OptK UNCH Sorghum (Milo) Bids Change (¢/bu) Basis Change Kansas 3.4125-3.4625 DN 2.25 -30K to -25K UNCH Missouri NA NA NA NA Dried Distillers Grain (10% Moisture) Offers Mostly Change ($/ton) Iowa-Eastern 130.00-135.00 UNCH Iowa-Western 127.00-145.00 UNCH Illinois 140.00-175.00 148.00-155.00 UNCH-UP 5 Indiana 131.00-150.00 145.00-155.00 UP 3-DN 2 Ohio 133.00-144.00 135.00-143.00 UNCH-DN 1 Michigan 124.00-143.00 128.00-138.00 DN 1-UP 1 Kansas 150.00-175.00 UP 5-DN 2 Minnesota 126.00-135.00 DN 4-DN 5 Nebraska 135.00-178.00 140.00-150.00 UP 5-UP 17 Wisconsin 133.00-145.00 UP 3-UNCH South Dakota 132.00-143.00 UNCH Missouri 150.00-169.00 152.00-155.00 DN 2-DN 6 Modified Wet Distillers Grain (50-55% Moisture) Offers Mostly Change ($/ton) Iowa-Eastern 60.00 UNCH Iowa-Western 50.00-65.00 UNCH Illinois NA NA Indiana 74.00 UNCH Ohio NA NA Michigan 60.00-65.00 UNCH Kansas NA NA Minnesota 63.00 UNCH Nebraska 65.00-80.00 69.00-80.00 UNCH Wisconsin 60.00-70.00 UNCH South Dakota 66.00-75.00 UNCH Missouri 82.00 UNCH Wet Distillers Grain (65-70% Moisture) Offers Mostly Change ($/ton) Iowa-Eastern NA NA Iowa-Western 30.00-40.00 UNCH Illinois 40.00-58.00 UNCH Indiana NA NA Ohio NA NA Michigan 60.00 UNCH Kansas 60.00-68.00 UNCH Minnesota 40.00-48.00 UNCH Nebraska 40.00-60.00 UNCH Wisconsin 48.00 UNCH South Dakota 42.00 UNCH Missouri 57.00-60.00 UNCH Ethanol Offers Change ($/gal) Iowa 1.25-1.37 UP 0.07-UP 0.06 ECB 1.28-1.36 UP 0.08-UP 0.06 Kansas 1.28-1.37 UP 0.05-UP 0.08 Minnesota NA NA Nebraska 1.25-1.37 UP 0.06-UP 0.08 Wisconsin 1.31-1.36 No Comp South Dakota 1.17-1.18 UNCH-UP 0.01 Distillers Corn Oil (DCO) Offers Change (¢/lb) Iowa 24.00-27.00 UP 1-UP 2 ECB 23.00-26.00 UNCH Nebraska 25.00-26.00 UP 1.5-UNCH South Dakota 23.00-25.00 UP 0.25-UNCH 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 1039Cnjb