SJ_GR113 St Joseph, MO Wed, Jun 08, 2022 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 (cents/bu)Basis Change Iowa-Eastern 7.6700-7.9700 UP 14.5 10N to 40N UNCH Iowa-Western 7.6200-8.0200 UP 24.5-UP 14.5 5N to 45N UP 10-UNCH Illinois 7.5500-8.2200 UP 16.5-UP 21.5 -2N to 65N UP 2-UP 7 Indiana 7.5200-8.1700 UP 14.5 -5N to 60N UNCH Ohio 7.5700-7.8400 UP 14.5 OptN to 27N UNCH Michigan 7.1200-7.3200 UP 14.5 -45N to -25N UNCH Kansas 8.0200-8.3700 UP 14.5 45N to 80N UNCH Minnesota 7.5200-7.9200 UP 14.5-UP 24.5 -5N to 35N UNCH-UP 10 Nebraska 7.5200-8.1700 UP 14.5-UP 4.5 -5N to 60N UNCH-DN 10 Wisconsin 7.1500-7.4900 UP 12.5-DN 20.5 -42N to -8N DN 2-DN 35 South Dakota 7.2900-7.9200 UP 14.5-UP 19.5 -28N to 35N UNCH-UP 5 Missouri 7.8200-8.2200 UP 14.5 25N to 65N UNCH Sorghum (Milo) Bids Change (cents/bu)Basis Change Kansas NA NA NA NA Missouri NA NA NA NA Dried Distillers Grain (10% Moisture)- dollars/ton - week ending 06/03/2022 Offers Change ($/ton) Iowa-Eastern 240.00-250.00 DN 20-DN 30 Iowa-Western 220.00-250.00 DN 30-DN 45 Illinois 250.00-285.00 DN 5-UP 20 Indiana 239.00-265.00 DN 6-DN 8 Ohio 238.00-255.00 DN 12-DN 15 Michigan 238.00-255.00 DN 7-DN 10 Kansas 270.00-335.00 DN 35-UNCH Minnesota 245.00-290.00 DN 5-UP 5 Nebraska 239.00-260.00 DN 11-DN 15 Wisconsin 250.00-275.00 DN 7-DN 10 South Dakota 250.00-275.00 DN 24-DN 16 Missouri 250.00-270.00 DN 20-DN 15 Modified Wet Distillers Grain (50-55% Moisture)- dollars/ton - week ending 06/03/2022 Offers Change ($/ton) Iowa-Eastern 120.00-130.00 DN 5 Iowa-Western 110.00-120.00 DN 10-DN 15 Illinois 130.00 UNCH Indiana NA NA Ohio NA NA Michigan 125.00 No Comp Kansas NA NA Minnesota 120.00-122.00 UNCH-DN 13 Nebraska 115.00-125.00 DN 5-DN 15 Wisconsin 117.00 DN 10 South Dakota 130.00-140.00 UNCH-DN 5 Missouri 150.00 UNCH Wet Distillers Grain (65-70% Moisture) - dollars/ton - week ending 06/03/2022 Offers Change ($/ton) Iowa-Eastern NA NA Iowa-Western 50.00-80.00 DN 35 Illinois 80.00 No Comp Indiana NA NA Ohio NA NA Michigan NA NA Kansas 85.00-130.00 DN 22-UNCH Minnesota 88.00 UNCH Nebraska 90.00-120.00 DN 5-DN 3 Wisconsin 75.00 UNCH South Dakota 92.00-102.00 UNCH Missouri 75.00-82.00 DN 5-UNCH Ethanol - dollars/gallon - week ending 06/03/2022 Offers Change ($/gal) Iowa 2.63-2.80 UP 0.36-UNCH ECB 2.76 DN 0.02-DN 0.15 Kansas 2.63-2.70 DN 0.01-UP 0.06 Minnesota NA NA Nebraska 2.63-2.73 DN 0.06-UP 0.01 Wisconsin NA NA South Dakota NA NA Distillers Corn Oil (DCO) - cents/pound - week ending 06/03/2022 Offers Change (¢/lb) Iowa 73.00-78.00 DN 2-DN 7 ECB 73.00-81.00 DN 7-DN 3 Nebraska 75.00-79.00 DN 4.5-DN 3 South Dakota 73.00-74.00 DN 5-DN 8 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 958Clp