SJ_GR113 St Joseph, MO Tue, Mar 03, 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 3.6350-3.7475 UP 7.25-UP 6.25 -12K to OptH UNCH-DN 2 Iowa-Western 3.6450-3.8050 UP 8-UP 7 -11K to 5K DN 1-DN 2 Illinois 3.6850-3.9075 UP 7.25-DN 0.75 -7K to 16H UNCH-DN 9 Indiana 3.8050-4.1350 UP 13.25-UP 10.255K to 38K UP 6-UP 3 Ohio 4.0275-4.0950 UP 11.25-UP 7.25 28H to 34K UP 3-UNCH Michigan 3.8475-4.0950 UP 8.25-UP 7.25 10H to 34K UNCH Kansas 3.8475-4.0150 UP 8.25-UP 9.25 10H to 26K UNCH-UP 2 Minnesota 3.3350-3.7650 UP 7.25 -42K to 1K UNCH Nebraska 3.5450-3.8050 UP 10.25-UP 5.25 -21K to 5K UP 3-DN 2 Wisconsin 3.5150-3.6475 UP 5.25-UP 10.25 -24K to -10H DN 2-UP 2 South Dakota 3.3750-3.7675 UP 7.25 -38K to 2H UNCH-DN 1 Missouri 3.6675-3.9050 UP 10.25-UP 7.25 -8H to 15K UP 2-UNCH Sorghum (Milo) Bids Change (¢/bu) Basis Change Kansas 3.4975-3.5475 UP 8.25 -25H to -20H UNCH Missouri NA NA NA NA Dried Distillers Grain (10% Moisture)- dollars/ton - week ending 02/28/2020 Offers Change ($/ton) Iowa-Eastern 138.00-145.00 UNCH Iowa-Western 130.00-155.00 DN 4-UP 2 Illinois 150.00-175.00 DN 3-UP 2 Indiana 143.00-165.00 UP 5 Ohio 155.00-160.00 UP 4-UNCH Michigan 150.00-154.00 UNCH-DN 1 Kansas 135.00-165.00 DN 5-UNCH Minnesota 130.00-145.00 UNCH Nebraska 130.00-151.50 UNCH Wisconsin 140.00-145.00 UNCH South Dakota 135.00-144.00 UNCH Missouri 155.00-163.00 UNCH-UP 5 Modified Wet Distillers Grain (50-55% Moisture)- dollars/ton - week ending 02/28/2020 Offers Change ($/ton) Iowa-Eastern 70.00 UNCH Iowa-Western 60.00-70.00 UNCH Illinois NA NA Indiana NA NA Ohio NA NA Michigan 60.00 UNCH Kansas NA NA Minnesota 65.00 UNCH Nebraska 68.00-72.50 UNCH Wisconsin 63.00 DN 1 South Dakota 70.00-75.50 UNCH Missouri 82.00 UP 3 Wet Distillers Grain (65-70% Moisture) - dollars/ton - week ending 02/28/2020 Offers Change ($/ton) Iowa-Eastern NA NA Iowa-Western 41.00-65.00 UNCH-DN 2 Illinois 54.00 UNCH Indiana NA NA Ohio NA NA Michigan NA NA Kansas 40.00-64.00 DN 3-DN 1 Minnesota 45.00 UNCH Nebraska 40.00-60.00 UNCH Wisconsin 50.00 UNCH South Dakota 46.00-47.00 UNCH-UP 1 Missouri 50.00-58.00 DN 4-UNCH Ethanol - dollars/gallon - week ending 02/28/2020 Offers Change ($/gal) Iowa 1.12-1.30 DN 0.06-UNCH ECB 1.27-1.29 DN 0.08 Kansas 1.12-1.23 DN 0.06-DN 0.09 Minnesota 1.18-1.19 DN 0.05-DN 0.06 Nebraska 1.12-1.25 DN 0.06-DN 0.03 Wisconsin NA NA South Dakota 1.18 DN 0.06 Distillers Corn Oil (DCO) - cents/pound - week ending 02/28/2020 Offers Change (¢/lb) Iowa 27.00-29.50 UP 0.5 ECB 28.00-29.50 UNCH-DN 0.5 Nebraska 28.00-30.00 UP 0.5-UP 1 South Dakota 27.00-29.00 UNCH-UP 0.5 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 927Clp