SJ_GR113 St Joseph, MO Tue, Sep 29, 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 3.3875-3.7975 UP 1.5 -28Z to 13Z UNCH Iowa-Western 3.3175-3.7675 UP 1.5-UP 6.5 -35Z to 10Z UNCH-UP 5 Illinois 3.4175-3.6675 UP 1.5-DN 3.5 -25Z to OptZ UNCH-DN 5 Indiana 3.3875-3.8175 DN 16.5-DN 8.5 -28Z to 15Z DN 18-DN 10 Ohio 3.4975-3.9175 UP 4.5-UP 1.5 -17Z to 25Z UP 3-UNCH Michigan 3.3875-3.5175 UP 1.5 -28Z to -15Z UNCH Kansas 3.3175-3.8175 UP 1.5-UP 6.5 -35Z to 15Z UNCH-UP 5 Minnesota 3.1675-3.4475 UP 1.5-DN 5.5 -50Z to -22Z UNCH-DN 7 Nebraska 3.2675-3.6675 UP 1.5 -40Z to OptZ UNCH Wisconsin 3.1475-3.3675 UP 1.5 -52Z to -30Z UNCH South Dakota 3.0675-3.2975 UP 1.5 -60Z to -37Z UNCH Missouri 3.3975-3.5675 UP 1.5 -27Z to -10Z 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 09/25/2020 Offers Change ($/ton) Iowa-Eastern 135.00-150.00 UNCH-UP 5 Iowa-Western 135.00-155.00 UNCH-UP 5 Illinois 150.00-170.00 UP 5-DN 10 Indiana 160.00 UP 15-UP 10 Ohio 158.00-160.00 UP 8-UP 2 Michigan 151.00-155.00 UP 5 Kansas 125.00-173.00 UP 10-UP 3 Minnesota 135.00-145.00 UNCH-UP 5 Nebraska 150.00-169.00 UP 10-DN 2 Wisconsin 138.00-165.00 UP 3-UP 12 South Dakota 135.00-144.00 UP 6-UP 4 Missouri 160.00-166.00 UP 2-UP 6 Modified Wet Distillers Grain (50-55% Moisture)- dollars/ton - week ending 09/25/2020 Offers Change ($/ton) Iowa-Eastern 68.00 UP 3-UNCH Iowa-Western 65.00-75.00 UNCH Illinois NA NA Indiana 50.00 UNCH Ohio NA NA Michigan NA NA Kansas NA NA Minnesota 55.00 UNCH Nebraska 60.00-81.00 UNCH Wisconsin 62.00 DN 6 South Dakota 62.00-68.00 UP 5-UNCH Missouri 79.00 UNCH Wet Distillers Grain (65-70% Moisture) - dollars/ton - week ending 09/25/2020 Offers Change ($/ton) Iowa-Eastern NA NA Iowa-Western 42.00-45.00 UP 3-DN 15 Illinois 58.00 UP 4 Indiana NA NA Ohio NA NA Michigan NA NA Kansas 40.00-63.00 UNCH-UP 3 Minnesota 38.00 UNCH Nebraska 40.00-49.79 UP 3-UP 1.31 Wisconsin 47.00 UP 4 South Dakota 48.00 UNCH Missouri 47.00-60.00 UNCH Ethanol - dollars/gallon - week ending 09/25/2020 Offers Change ($/gal) Iowa 1.19-1.36 DN 0.11-UP 0.01 ECB 1.37-1.42 DN 0.04-DN 0.02 Kansas 1.19-1.34 DN 0.18-DN 0.03 Minnesota 1.28-1.36 DN 0.05-UP 0.03 Nebraska 1.18-1.33 DN 0.07-DN 0.02 Wisconsin 1.41 No Comp South Dakota 1.35 UP 0.03 Distillers Corn Oil (DCO) - cents/pound - week ending 09/25/2020 Offers Change (¢/lb) Iowa 27.00-30.50 UNCH-UP 0.5 ECB 28.00-30.00 UP 1-DN 1 Nebraska 27.50-30.00 UNCH South Dakota 27.00-30.00 UNCH-UP 0.5 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 1003Clp