SJ_GR113
St Joseph, MO     Fri, Jan 31, 2020     USDA-MO Dept of Ag Market News

Notice:  As Market News transitions reports to the My Market News platform,
report formats will be converted from a text version to a more user-friendly
and accessible PDF format.  Effective Monday, February 3, 2020, this report
will be released only in the PDF format at: 
https://www.ams.usda.gov/mnreports/lsdethanol.pdf

In addition,  reporting methodology will also change to the following: 
Corn and Sorghum cash bids and basis values will be updated Daily. 
Regional DDG, Delivered DDG’s, Ethanol, Corn Oil, and B100 values will be 
updated Weekly on Friday.  New format will also include Weekly Delivery DDG 
values and B100 prices.  If you have any questions, please contact us at
Websupport.lpgmn@usda.gov


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  3.6450-3.8150  DN 4.75-DN 7.75  -15H to 2H         UNCH-DN 3
Iowa-Western  3.6650-3.8750  DN 4.75          -13H to 8H         UNCH
Illinois      3.6950-4.0550  DN 4.75          -10H to 26H        UNCH
Indiana       3.7050-4.0950  DN 4.75          -9H to 30H         UNCH
Ohio          4.0750-4.1450  DN 4.75          28H to 35H         UNCH
Michigan      3.8950-4.1950  DN 4.75          10H to 40H         UNCH
Kansas        3.8450-4.0150  DN 4.75          5H to 22H          UNCH
Minnesota     3.4150-3.8050  DN 3.75-DN 4.75  -38H to 1H         UP 1-UNCH
Nebraska      3.6150-3.8450  DN 4.75          -18H to 5H         UNCH
Wisconsin     3.5950-3.6750  DN 4.75-DN 9.75  -20H to -12H       UNCH-DN 5
South Dakota  3.3750-3.8350  DN 4.75          -42H to 4H         UNCH
Missouri      3.7150-3.8950  DN 4.75          -8H to 10H         UNCH

Sorghum (Milo)
              Bids           Change (¢/bu)    Basis              Change
Kansas        3.5450-3.5650  DN 4.75          -25H to -23H       UNCH
Missouri      NA             NA               NA                 NA

Dried Distillers Grain  (10% Moisture)
              Offers         Mostly           Change ($/ton)
Iowa-Eastern  138.00-145.00                   DN 2-UP 3
Iowa-Western  135.00-156.00  135.00-145.00    UNCH-DN 6
Illinois      150.00-170.00  160.00-170.00    UNCH
Indiana       139.00-160.00  150.00-158.00    UNCH
Ohio          152.00-160.00                   UNCH
Michigan      145.00-150.00                   UNCH
Kansas        145.00-180.00  165.00-175.00    UNCH
Minnesota     138.00-145.00                   UNCH
Nebraska      140.00-158.00  142.00-152.00    UNCH
Wisconsin     140.00-145.00                   UNCH
South Dakota  135.00-148.00                   UNCH
Missouri      155.00-169.00                   UNCH

Modified Wet Distillers Grain (50-55% Moisture)
              Offers         Mostly           Change ($/ton)
Iowa-Eastern  70.00                           UNCH
Iowa-Western  60.00-75.00    68.00-72.00      UNCH
Illinois      NA                              NA
Indiana       NA                              NA
Ohio          NA                              NA
Michigan      60.00                           UNCH
Kansas        NA                              NA
Minnesota     65.00                           UNCH
Nebraska      70.00-86.00    70.00-75.00      UNCH
Wisconsin     64.00                           UNCH
South Dakota  70.00-78.50                     UNCH
Missouri      81.00                           UNCH

Wet Distillers Grain (65-70% Moisture)
              Offers         Mostly           Change ($/ton)
Iowa-Eastern  NA                              NA
Iowa-Western  45.00-65.00    45.00-50.00      UP 4-UNCH
Illinois      56.00                           UNCH
Indiana       NA                              NA
Ohio          NA                              NA
Michigan      NA                              NA
Kansas        45.00-65.00    59.00-65.00      UNCH
Minnesota     45.00                           UNCH
Nebraska      40.00-60.00    48.00-56.00      UNCH
Wisconsin     50.00                           UNCH
South Dakota  45.00                           UNCH
Missouri      55.00-58.00                     UNCH

Ethanol
              Offers         Change ($/gal)
Iowa          1.18-1.30      UP 0.01-UNCH
ECB           1.33-1.38      UP 0.03
Kansas        1.18-1.30      UP 0.01-UP 0.05
Minnesota     1.24           UP 0.04
Nebraska      1.18-1.26      UP 0.01-UP 0.02
Wisconsin     NA             NA
South Dakota  1.24           UP 0.04

Distillers Corn Oil (DCO)
              Offers         Change (¢/lb)
Iowa          25.50-28.00    UP 1-UNCH
ECB           25.50-29.00    UP 0.5
Nebraska      25.50-28.00    UP 1.5
South Dakota  25.50-28.00    UP 0.5-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, St Joseph, MO
        Staff  816-676-7000
        www.ams.usda.gov/mnreports/SJ_GR113.txt
        www.ams.usda.gov/LPSMarketNewsPage

          953Clp