SJ_GR113
St Joseph, MO     Mon, Jan 06, 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  3.7150-3.8950  DN 5-DN 4        -15H to 3H         UNCH-UP 1
Iowa-Western  3.6950-3.9650  DN 5             -17H to 10H        UNCH
Illinois      3.7550-4.1450  DN 5             -11H to 28H        UNCH
Indiana       3.7750-4.2150  DN 5             -9H to 35H         UNCH
Ohio          4.1150-4.2650  DN 5             25H to 40H         UNCH
Michigan      3.7150-4.2150  DN 5             -15H to 35H        UNCH
Kansas        3.8650-4.1150  DN 5             OptH to 25H        UNCH
Minnesota     3.5850-3.9250  DN 5             -28H to 6H         UNCH
Nebraska      3.6050-3.9150  DN 5             -26H to 5H         UNCH
Wisconsin     3.6650-3.7650  DN 5             -20H to -10H       UNCH
South Dakota  3.4650-3.9150  DN 5             -40H to 5H         UNCH
Missouri      3.7250-3.9650  DN 4-DN 5        -14H to 10H        UP 1-UNCH

Sorghum (Milo)
              Bids           Change (¢/bu)    Basis              Change
Kansas        3.4650-3.6150  DN 5             -40H to -25H       UNCH
Missouri      NA             NA               NA                 NA

Dried Distillers Grain  (10% Moisture)
              Offers         Mostly           Change ($/ton)
Iowa-Eastern  135.00-140.00                   UNCH
Iowa-Western  135.00-150.00  135.00-145.00    UNCH
Illinois      146.00-180.00  150.00-160.00    UNCH
Indiana       140.00-161.00             150.00UNCH
Ohio          148.00-160.00                   UNCH
Michigan      141.00-155.00  142.00-145.00    UNCH
Kansas        145.00-180.00  148.00-155.00    UNCH
Minnesota     138.00-140.00                   UNCH
Nebraska      150.00-171.00  150.00-160.00    UP 2-DN 4
Wisconsin     138.00-140.00                   UNCH
South Dakota  140.00-150.00                   UNCH
Missouri      160.00-165.00                   UNCH

Modified Wet Distillers Grain (50-55% Moisture)
              Offers         Mostly           Change ($/ton)
Iowa-Eastern  70.00                           UNCH
Iowa-Western  60.00-72.00    68.00-72.00      UNCH
Illinois      NA                              NA
Indiana       NA                              NA
Ohio          NA                              NA
Michigan      65.00                           UNCH
Kansas        NA                              NA
Minnesota     65.00                           UNCH
Nebraska      70.00-87.00    70.00-80.00      UNCH-DN 4
Wisconsin     62.00                           UNCH
South Dakota  70.00-77.50                     UNCH
Missouri      78.00                           UNCH

Wet Distillers Grain (65-70% Moisture)
              Offers         Mostly           Change ($/ton)
Iowa-Eastern  NA                              NA
Iowa-Western  43.00-50.00    45.00-50.00      UNCH
Illinois      56.00                           UNCH
Indiana       NA                              NA
Ohio          NA                              NA
Michigan      NA                              NA
Kansas        45.00-65.00    55.00-65.00      UNCH
Minnesota     43.00                           UNCH
Nebraska      40.00-60.00    42.00-56.00      UNCH
Wisconsin     48.00                           UNCH
South Dakota  45.00                           UNCH
Missouri      54.00-58.00                     UNCH

Ethanol
              Offers         Change ($/gal)
Iowa          1.20-1.35      UNCH
ECB           1.36-1.38      UNCH-DN 0.01
Kansas        1.28-1.31      UP 0.08-DN 0.03
Minnesota     1.24-1.27      UP 0.01-UNCH
Nebraska      1.20-1.29      DN 0.01-UP 0.02
Wisconsin     NA             NA
South Dakota  1.27           UNCH

Distillers Corn Oil (DCO)
              Offers         Change (¢/lb)
Iowa          24.00-26.00    UP 2-UNCH
ECB           22.25-26.50    UP 0.25-DN 0.5
Nebraska      23.50-27.00    UP 2-UNCH
South Dakota  21.50-25.00    UNCH-DN 1

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

         1033Clp