SJ_GR113
St Joseph, MO     Tue, Feb 18, 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  3.6875-3.7575  DN 1.75          -9H to -2H         UNCH
Iowa-Western  3.6775-3.8675  DN 1.75-DN 2.75  -10H to 9H         UNCH-DN 1
Illinois      3.7075-4.0275  DN 1.75          -7H to 25H         UNCH
Indiana       3.8075-4.1075  DN 1.75          3H to 33H          UNCH
Ohio          4.0275-4.1275  DN 1.75          25H to 35H         UNCH
Michigan      3.8775-4.1275  DN 1.75          10H to 35H         UNCH
Kansas        3.8775-4.0875  UP 0.25-DN 1.75  10H to 31H         UP 2-UNCH
Minnesota     3.3975-3.8075  DN 1.75-UP 2.25  -38H to 3H         UNCH-UP 4
Nebraska      3.6275-3.8075  DN 1.75-UP 0.25  -15H to 3H         UNCH-UP 2
Wisconsin     3.5775-3.6775  DN 1.75          -20H to -10H       UNCH
South Dakota  3.4275-3.8275  DN 1.75          -35H to 5H         UNCH
Missouri      3.6975-3.9275  DN 1.75-UP 15.25 -8H to 15H         UNCH-UP 17

Sorghum (Milo)
              Bids           Change (¢/bu)    Basis              Change
Kansas        3.5275-3.5775  DN 1.75          -25H to -20H       UNCH
Missouri      NA             NA               NA                 NA

Dried Distillers Grain  (10% Moisture)
              Offers                          Change ($/ton)
Iowa-Eastern  138.00-145.00                   UNCH
Iowa-Western  133.00-155.00                   DN 2-DN 1
Illinois      151.00-175.00                   UNCH
Indiana       138.00-160.00                   UP 1
Ohio          151.00-160.00                   UP 1-UNCH
Michigan      150.00-155.00                   UNCH-UP 5
Kansas        140.00-175.00                   UNCH
Minnesota     130.00-145.00                   DN 5-UNCH
Nebraska      135.00-158.00                   UNCH
Wisconsin     140.00-145.00                   UNCH
South Dakota  135.00-146.00                   UNCH
Missouri      155.00-160.00                   UNCH

Modified Wet Distillers Grain (50-55% Moisture)
              Offers                          Change ($/ton)
Iowa-Eastern  70.00                           UNCH
Iowa-Western  60.00-71.00                     UNCH-DN 1
Illinois      NA                              NA
Indiana       NA                              NA
Ohio          NA                              NA
Michigan      60.00                           UNCH
Kansas        NA                              NA
Minnesota     65.00                           UNCH
Nebraska      68.00-86.00                     UNCH
Wisconsin     62.00                           UNCH
South Dakota  70.00-76.50                     UNCH-DN 2
Missouri      79.00                           UNCH

Wet Distillers Grain (65-70% Moisture)
              Offers                          Change ($/ton)
Iowa-Eastern  NA                              NA
Iowa-Western  41.00-65.00                     UNCH
Illinois      54.00                           UNCH
Indiana       NA                              NA
Ohio          NA                              NA
Michigan      NA                              NA
Kansas        43.00-65.00                     DN 2-UP 5
Minnesota     45.00                           UNCH
Nebraska      40.00-60.00                     UNCH
Wisconsin     48.00                           UNCH
South Dakota  47.00                           UP 1
Missouri      54.00-58.00                     UNCH

Ethanol
              Offers         Change ($/gal)
Iowa          1.18-1.30      UNCH
ECB           1.34-1.38      UP 0.01
Kansas        1.18-1.30      UNCH-DN 0.01
Minnesota     1.23-1.25      UNCH-DN 0.01
Nebraska      1.18-1.27      UNCH-DN 0.03
Wisconsin     NA             NA
South Dakota  1.23           DN 0.03

Distillers Corn Oil (DCO)
              Offers         Change (¢/lb)
Iowa          26.50-29.00    UP 0.5-UP 0.75
ECB           25.50-29.25    DN 1.5-UP 0.25
Nebraska      27.50-29.00    UP 1
South Dakota  26.50-28.00    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

          946Clp