SJ_GR113 St Joseph, MO Mon, Feb 24, 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 3.6800-3.7700 DN 1.5 -9H to OptH UNCH Iowa-Western 3.6700-3.8800 DN 1.5 -10H to 11H UNCH Illinois 3.7300-3.9600 UP 0.5-DN 7.5 -4H to 19H UP 2-DN 6 Indiana 3.8000-4.1200 DN 1.5 3H to 35H UNCH Ohio 4.0200-4.1200 DN 1.5 25H to 35H UNCH Michigan 3.8700-4.1200 DN 1.5 10H to 35H UNCH Kansas 3.8700-4.0300 DN 1.5 10H to 26H UNCH Minnesota 3.3900-3.8000 DN 1.5 -38H to 3H UNCH Nebraska 3.6200-3.8700 DN 1.5 -15H to 10H UNCH Wisconsin 3.5700-3.6700 DN 1.5 -20H to -10H UNCH South Dakota 3.4200-3.8200 DN 1.5 -35H to 5H UNCH Missouri 3.6900-3.9200 DN 3.5-DN 1.5 -8H to 15H DN 2-UNCH Sorghum (Milo) Bids Change (¢/bu) Basis Change Kansas 3.5200-3.5700 DN 1.5 -25H to -20H UNCH Missouri NA NA NA NA Dried Distillers Grain (10% Moisture)- dollars/ton - week ending 02/21/2020 Offers Change ($/ton) Iowa-Eastern 138.00-145.00 UNCH Iowa-Western 134.00-153.00 UP 1-DN 2 Illinois 153.00-173.00 UP 2-DN 2 Indiana 138.00-160.00 UNCH Ohio 151.00-160.00 UNCH Michigan 150.00-155.00 UNCH Kansas 140.00-165.00 UNCH-DN 10 Minnesota 130.00-145.00 UNCH Nebraska 130.00-151.50 DN 5-DN 6.5 Wisconsin 140.00-145.00 UNCH South Dakota 135.00-144.00 UNCH-DN 2 Missouri 155.00-158.00 UNCH-DN 2 Modified Wet Distillers Grain (50-55% Moisture)- dollars/ton - week ending 02/21/2020 Offers Change ($/ton) Iowa-Eastern 70.00 UNCH Iowa-Western 60.00-70.00 UNCH-DN 1 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-DN 13.5 Wisconsin 64.00 UP 2 South Dakota 70.00-75.50 UNCH-DN 1 Missouri 79.00 UNCH Wet Distillers Grain (65-70% Moisture) - dollars/ton - week ending 02/21/2020 Offers Change ($/ton) Iowa-Eastern NA NA Iowa-Western 41.00-67.00 UNCH-UP 2 Illinois 54.00 UNCH Indiana NA NA Ohio NA NA Michigan NA NA Kansas 43.00-65.00 UNCH Minnesota 45.00 UNCH Nebraska 40.00-60.00 UNCH Wisconsin 50.00 UP 2 South Dakota 46.00 DN 1 Missouri 54.00-58.00 UNCH Ethanol - dollars/gallon - week ending 02/21/2020 Offers Change ($/gal) Iowa 1.18-1.30 UNCH ECB 1.35-1.37 UP 0.01-DN 0.01 Kansas 1.18-1.32 UNCH-UP 0.02 Minnesota 1.23-1.25 DN 0 Nebraska 1.18-1.28 UNCH-UP 0.01 Wisconsin NA NA South Dakota 1.24 UP 0.01 Distillers Corn Oil (DCO) - cents/pound - week ending 02/21/2020 Offers Change (¢/lb) Iowa 26.50-29.00 UNCH ECB 28.00-30.00 UP 2.5-UP 0.75 Nebraska 27.50-29.00 UNCH South Dakota 27.00-28.50 UP 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, St Joseph, MO Staff 816-676-7000         www.ams.usda.gov/mnreports/SJ_GR113.txt         www.ams.usda.gov/LPSMarketNewsPage 959Clp