SJ_GR113 St Joseph, MO Wed, Jun 03, 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 2.9925-3.1825 UP 1 -25N to -6N UNCH Iowa-Western 2.9225-3.1625 UP 4-DN 1 -32N to -8N UP 3-DN 2 Illinois 2.9925-3.2925 UP 1 -25N to 5N UNCH Indiana 2.9625-3.4325 UP 1-UP 3 -28N to 19N UNCH-UP 2 Ohio 3.3925-3.4425 UP 6-UP 1 15N to 20N UP 5-UNCH Michigan 3.0925-3.3625 UP 6-UP 1 -15N to 12N UP 5-UNCH Kansas 3.1925-3.4925 UP 1 -5N to 25N UNCH Minnesota 2.7125-3.0525 UP 1 -53N to -19N UNCH Nebraska 2.7425-3.2425 UP 1 -50N to OptN UNCH Wisconsin 2.8825-3.0225 UP 1 -36N to -22N UNCH South Dakota 2.8125-2.9625 UP 3-UP 1 -43N to -28N UP 2-UNCH Missouri 3.1225-3.3425 UP 1 -12N to 10N UNCH Sorghum (Milo) Bids Change (¢/bu) Basis Change Kansas 3.3425 UP 1 10N UNCH Missouri NA NA NA NA Dried Distillers Grain (10% Moisture)- dollars/ton - week ending 05/29/2020 Offers Change ($/ton) Iowa-Eastern 130.00 UNCH Iowa-Western 120.00-150.00 UNCH-DN 5 Illinois 138.00-165.00 DN 2-UNCH Indiana 145.00-150.00 UP 12-DN 5 Ohio 142.00-150.00 DN 3-UNCH Michigan 145.00-160.00 UNCH-DN 25 Kansas 130.00-210.00 DN 5-UP 55 Minnesota 125.00-140.00 DN 5-DN 10 Nebraska 110.00-138.00 DN 10-DN 11 Wisconsin 140.00-210.00 DN 10-UNCH South Dakota 125.00-146.00 UNCH-DN 4 Missouri 129.00-150.00 DN 16-DN 9 Modified Wet Distillers Grain (50-55% Moisture)- dollars/ton - week ending 05/29/2020 Offers Change ($/ton) Iowa-Eastern 65.00 UNCH Iowa-Western 58.00-70.00 DN 2-UNCH Illinois NA NA Indiana NA NA Ohio NA NA Michigan 55.00 UNCH Kansas NA NA Minnesota 65.00 DN 5-DN 10 Nebraska 45.00-65.00 DN 15-DN 5 Wisconsin NA NA South Dakota 68.00 UNCH-DN 2 Missouri 69.00 DN 4 Wet Distillers Grain (65-70% Moisture) - dollars/ton - week ending 05/29/2020 Offers Change ($/ton) Iowa-Eastern NA NA Iowa-Western 40.00-60.00 DN 5 Illinois 56.00 UP 21 Indiana NA NA Ohio NA NA Michigan NA NA Kansas 44.00-60.00 UNCH Minnesota NA NA Nebraska 40.00-49.72 DN 2-DN 0.28 Wisconsin 45.00 UNCH South Dakota 56.00 DN 2 Missouri 45.00 DN 14 Ethanol - dollars/gallon - week ending 05/29/2020 Offers Change ($/gal) Iowa 1.08-1.20 UP 0.05-UP 0.1 ECB 1.17-1.23 UP 0.04-UP 0.03 Kansas 1.11 UP 0.08-UP 0.03 Minnesota 1.08-1.08 UP 0.05-UP 0.04 Nebraska 1.06-1.12 UP 0.03-UP 0.01 Wisconsin 1.18 No Comp South Dakota 1.08 UP 0.05 Distillers Corn Oil (DCO) - cents/pound - week ending 05/29/2020 Offers Change (¢/lb) Iowa 24.50-28.00 DN 0.5-DN 2 ECB 25.00-29.00 UNCH Nebraska 24.50-28.00 DN 0.5-UNCH South Dakota 24.50-28.00 DN 0.5-UNCH 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