SJ_GR113 St Joseph, MO Thu, Jul 16, 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 3.0125-3.1625 UP 0.25 -25U to -10U UNCH Iowa-Western 2.8825-3.1225 UP 0.25 -38U to -14U UNCH Illinois 3.1825-3.4125 UP 0.25 -8U to 15U UNCH Indiana 3.0825-3.5625 UP 0.25 -18U to 30U UNCH Ohio 3.2925-3.5125 UP 0.25 3U to 25U UNCH Michigan 3.1625-3.4125 UP 0.25 -10U to 15U UNCH Kansas 3.4125-3.6125 UP 14.25-UP 0.25 15U to 35U UP 14-UNCH Minnesota 2.7425-2.9825 UP 3.25-UP 0.25 -52U to -28U UP 3-UNCH Nebraska 2.7425-3.3625 UP 0.25 -52U to 10U UNCH Wisconsin 2.9125-3.1425 UP 0.25 -35U to -12U UNCH South Dakota 2.7225-2.9225 UP 0.25 -54U to -34U UNCH Missouri 3.1225-3.2825 UP 0.25 -14U to 2U UNCH Sorghum (Milo) Bids Change (¢/bu) Basis Change Kansas 3.3625 UP 0.25 10U UNCH Missouri NA NA NA NA Dried Distillers Grain (10% Moisture)- dollars/ton - week ending 07/10/2020 Offers Change ($/ton) Iowa-Eastern 115.00-120.00 UNCH Iowa-Western 110.00-135.00 UNCH Illinois 135.00-150.00 UP 5 Indiana 125.00-147.00 DN 7 Ohio 135.00-141.00 UP 5-DN 4 Michigan 125.00-138.00 UNCH Kansas 115.00-145.00 UNCH-UP 15 Minnesota 115.00-125.00 UNCH Nebraska 115.00-130.00 UP 10-UNCH Wisconsin 125.00-140.00 UP 5-UNCH South Dakota 110.00-123.00 DN 5-UNCH Missouri 136.00-145.00 DN 3-UNCH Modified Wet Distillers Grain (50-55% Moisture)- dollars/ton - week ending 07/10/2020 Offers Change ($/ton) Iowa-Eastern 58.00-60.00 UNCH Iowa-Western 45.00-60.00 UNCH Illinois NA NA Indiana 50.00 No Comp Ohio NA NA Michigan 55.00 UNCH Kansas NA NA Minnesota 50.00 UNCH Nebraska 46.00-60.00 UP 6-UNCH Wisconsin 57.00 UP 3 South Dakota 55.00-66.00 UNCH Missouri 68.00 DN 2 Wet Distillers Grain (65-70% Moisture) - dollars/ton - week ending 07/10/2020 Offers Change ($/ton) Iowa-Eastern NA NA Iowa-Western 30.00-40.00 UNCH-DN 15 Illinois 43.00 DN 13 Indiana NA NA Ohio NA NA Michigan NA NA Kansas 40.00-50.00 UNCH Minnesota 40.00 DN 5 Nebraska 25.00-48.00 UP 10-UP 1 Wisconsin 41.00 UNCH South Dakota 45.00-46.00 DN 1-UNCH Missouri 42.00-65.00 DN 2-UP 21 Ethanol - dollars/gallon - week ending 07/10/2020 Offers Change ($/gal) Iowa 1.40-1.53 UP 0.23 ECB 1.54-1.65 UP 0.26-UP 0.33 Kansas 1.54 UP 0.37-UP 0.31 Minnesota 1.35-1.51 UP 0.17-UP 0.33 Nebraska 1.24-1.52 UP 0.07-UP 0.16 Wisconsin NA NA South Dakota 1.49 UP 0.32 Distillers Corn Oil (DCO) - cents/pound - week ending 07/10/2020 Offers Change (¢/lb) Iowa 21.00-25.25 UNCH ECB 20.50-25.50 DN 1.5-UNCH Nebraska 22.00-25.00 UP 1-UNCH South Dakota 21.00-25.25 UNCH-UP 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 955Clp