SJ_GR113 Des Moines, IA Tue, Jun 11, 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 3.7775-4.0975 UNCH-UP 4 -38N to -6N UNCH-UP 4 Iowa-Western 3.8075-4.1075 UNCH-UP 1 -35N to -5N UNCH-UP 1 Illinois 3.9575-4.2575 UP 2-UNCH -20N to 10N UP 2-UNCH Indiana 4.2575-4.4375 UP 2-UP 3 10N to 28N UP 2-UP 3 Ohio 4.1975-4.4575 UNCH-UP 10 4N to 30N UNCH-UP 10 Michigan 3.9475-4.3075 UNCH -21N to 15N UNCH Kansas 4.1575-4.4075 UNCH-DN 5 OptN to 25N UNCH-DN 5 Minnesota 3.6575-3.9475 UNCH -50N to -21N UNCH Nebraska 3.6975-4.2075 UNCH -46N to 5N UNCH Wisconsin 3.6575-3.9575 UNCH -50N to -20N UNCH South Dakota 3.7075-4.0975 UNCH -45N to -6N UNCH Missouri 3.8275-4.0575 UNCH -33N to -10N UNCH Sorghum (Milo) Bids Change (¢/bu) Basis Change Kansas 4.0075 UNCH -15N UNCH Missouri NA NA NA NA Dried Distillers Grain (10% Moisture) Offers Mostly Change ($/ton) Iowa-Eastern 130.00 UNCH Iowa-Western 125.00-140.00 UNCH Illinois 125.00-152.00 129.00-140.00 DN 4-DN 8 Indiana 125.00-167.00 125.00-140.00 UNCH Ohio 135.00-154.00 UNCH Michigan 120.00-138.00 120.00-135.00 UNCH-DN 7 Kansas 130.00-175.00 130.00-140.00 UNCH-UP 20 Minnesota 120.00-130.00 UNCH Nebraska 115.00-152.00 120.00-132.00 UP 10-UNCH Wisconsin 120.00-150.00 120.00-130.00 UNCH South Dakota 115.00-125.00 UP 2-UNCH Missouri 125.00-142.00 DN 5-DN 1 Modified Wet Distillers Grain (50-55% Moisture) Offers Mostly Change ($/ton) Iowa-Eastern 54.00 UNCH Iowa-Western 50.00-67.00 UNCH Illinois NA NA Indiana 65.00 UNCH Ohio NA NA Michigan 60.00 UNCH Kansas NA NA Minnesota 60.00 UNCH Nebraska 55.00-71.00 UNCH Wisconsin 55.00 UNCH-DN 20 South Dakota 52.00-69.00 DN 2-UNCH Missouri 74.00 UNCH Wet Distillers Grain (65-70% Moisture) Offers Mostly Change ($/ton) Iowa-Eastern NA NA Iowa-Western 35.00-52.00 UNCH Illinois 43.00 UP 23 Indiana NA NA Ohio NA NA Michigan 60.00 UNCH Kansas 45.00-60.00 DN 3-DN 2 Minnesota 40.00-48.00 UNCH Nebraska 40.00-60.00 UNCH Wisconsin 42.00 UP 3 South Dakota 42.00 UNCH Missouri 44.00-60.00 UNCH Ethanol Offers Change ($/gal) Iowa 1.32-1.50 DN 0.04-DN 0.02 ECB 1.44-1.53 UP 0.08-UNCH Kansas 1.36-1.44 UP 0.04-UP 0.01 Minnesota 1.37-1.38 UP 0.14-UP 0.15 Nebraska 1.36-1.45 UP 0.04-UP 0.02 Wisconsin NA NA South Dakota 1.36 UP 0.15 Distillers Corn Oil (DCO) Offers Change (¢/lb) Iowa 25.50-27.00 UP 3-UP 1 ECB 24.00-26.00 UP 1-UNCH Nebraska 24.50-26.00 UP 2-UP 0.5 South Dakota 24.75-25.50 UP 2.75-DN 0.5 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 1107Cnjb