SJ_GR113 St Joseph, MO Thu, Oct 15, 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 3.6850-3.9150 UP 5.25 -28Z to -5Z UNCH Iowa-Western 3.5450-3.9250 UP 8.25-UP 5.25 -42Z to -4Z UP 3-UNCH Illinois 3.7150-4.1150 UP 5.25 -25Z to 15Z UNCH Indiana 3.7150-4.0650 UP 5.25-DN 24.75 -25Z to 10Z UNCH-DN 30 Ohio 3.9150-4.2150 UP 5.25 -5Z to 25Z UNCH Michigan 3.6650-3.9650 UP 5.25 -30Z to OptZ UNCH Kansas 3.8050-4.2650 UP 5.25 -16Z to 30Z UNCH Minnesota 3.5750-3.7150 UP 6.25-UP 5.25 -39Z to -25Z UP 1-UNCH Nebraska 3.6150-4.0450 UP 7.25-UP 5.25 -35Z to 8Z UP 2-UNCH Wisconsin 3.4350-3.6850 UP 6.25-UP 5.25 -53Z to -28Z UP 1-UNCH South Dakota 3.3650-3.7350 UP 5.25 -60Z to -23Z UNCH Missouri 3.6650-3.7650 UP 5.25 -30Z to -20Z UNCH Sorghum (Milo) Bids Change (¢/bu) Basis Change Kansas NA NA NA NA Missouri NA NA NA NA Dried Distillers Grain (10% Moisture)- dollars/ton - week ending 10/09/2020 Offers Change ($/ton) Iowa-Eastern 160.00 UP 15-UP 5 Iowa-Western 148.00-165.00 UP 13-UP 10 Illinois 160.00-175.00 UP 10-UP 5 Indiana 163.00-170.00 UP 24-UP 7 Ohio 160.00-170.00 UP 8-UP 10 Michigan 155.00-165.00 UP 3-UP 10 Kansas 135.00-178.00 UNCH-UP 3 Minnesota 145.00-155.00 UP 2-UNCH Nebraska 160.00-170.00 UP 10-UP 3 Wisconsin 155.00-170.00 UP 8-UP 5 South Dakota 148.00-158.00 UP 6-UP 7 Missouri 166.00-180.00 UP 4-UP 14 Modified Wet Distillers Grain (50-55% Moisture)- dollars/ton - week ending 10/09/2020 Offers Change ($/ton) Iowa-Eastern 68.00 UNCH Iowa-Western 75.00-80.00 UP 10-UP 5 Illinois NA NA Indiana 50.00 UNCH Ohio NA NA Michigan NA NA Kansas NA NA Minnesota 62.00 UP 7 Nebraska 70.00-81.00 UP 10-UNCH Wisconsin 70.00 UNCH South Dakota 70.00-75.00 UP 6-UP 4 Missouri 85.00 UP 4 Wet Distillers Grain (65-70% Moisture) - dollars/ton - week ending 10/09/2020 Offers Change ($/ton) Iowa-Eastern NA NA Iowa-Western 48.00-65.00 UP 3 Illinois 58.00 UNCH Indiana NA NA Ohio NA NA Michigan NA NA Kansas 40.00-65.00 UNCH Minnesota 38.00 UNCH Nebraska 44.00-58.00 UP 4-UNCH Wisconsin 52.00 UP 5 South Dakota 48.00 UNCH Missouri 55.00-60.00 UP 6-UNCH Ethanol - dollars/gallon - week ending 10/09/2020 Offers Change ($/gal) Iowa 1.30-1.42 UP 0.03-UNCH ECB 1.39-1.45 UP 0.03-UP 0.04 Kansas 1.35 UP 0.01 Minnesota 1.30 No Comp Nebraska 1.24-1.33 UP 0.01-DN 0.09 Wisconsin 1.38 DN 0.04 South Dakota 1.29 No Comp Distillers Corn Oil (DCO) - cents/pound - week ending 10/09/2020 Offers Change (¢/lb) Iowa 27.00-31.00 UNCH ECB 28.00-31.00 UNCH Nebraska 27.50-30.00 UNCH South Dakota 27.00-30.00 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 959Clp