SJ_GR113 St Joseph, MO Wed, Apr 22, 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 2.5425-3.0925 DN 5 -55K to OptK UNCH Iowa-Western 2.6425-3.0425 DN 5-UNCH -45K to -5K UNCH-UP 5 Illinois 2.9225-3.0925 DN 7-DN 5 -17K to OptK DN 2-UNCH Indiana 2.8425-3.0925 DN 5 -25K to OptK UNCH Ohio 2.8925-3.1425 DN 5 -20K to 5K UNCH Michigan 2.6925-3.0425 DN 5-DN 15 -40K to -5K UNCH-DN 10 Kansas 3.0425-3.1425 DN 5 -5K to 5K UNCH Minnesota 2.5125-2.7425 DN 5 -58K to -35K UNCH Nebraska 2.5225-2.9925 DN 5 -57K to -10K UNCH Wisconsin 2.3925-2.7925 DN 5 -70K to -30K UNCH South Dakota 2.4425-2.9025 DN 5-DN 3 -65K to -19K UNCH-UP 2 Missouri 2.9425-3.2425 DN 5-UNCH -15K to 15K UNCH-UP 5 Sorghum (Milo) Bids Change (¢/bu) Basis Change Kansas 2.9925 DN 5 -10K UNCH Missouri NA NA NA NA Dried Distillers Grain (10% Moisture)- dollars/ton - week ending 04/17/2020 Offers Change ($/ton) Iowa-Eastern 195.00 UNCH Iowa-Western 183.00-215.00 UP 8-UNCH Illinois 175.00-250.00 DN 10-UP 20 Indiana 205.00 DN 5 Ohio 195.00-210.00 DN 10-DN 5 Michigan 210.00-220.00 UP 8-UP 18 Kansas 155.00-230.00 DN 20-DN 5 Minnesota 195.00-200.00 DN 5 Nebraska 210.00-215.00 UNCH Wisconsin 175.00-210.00 DN 30-UNCH South Dakota 200.00 UP 10-UNCH Missouri 180.00-210.00 UNCH-UP 30 Modified Wet Distillers Grain (50-55% Moisture)- dollars/ton - week ending 04/17/2020 Offers Change ($/ton) Iowa-Eastern 85.00 UNCH Iowa-Western 85.00-100.00 UNCH Illinois NA NA Indiana NA NA Ohio NA NA Michigan NA NA Kansas NA NA Minnesota 80.00 UNCH Nebraska 65.00-100.00 UNCH Wisconsin 80.00 No Comp South Dakota NA NA Missouri 100.00 No Comp Wet Distillers Grain (65-70% Moisture) - dollars/ton - week ending 04/17/2020 Offers Change ($/ton) Iowa-Eastern NA NA Iowa-Western 65.00-110.00 UNCH-UP 38 Illinois 80.00 DN 10 Indiana NA NA Ohio NA NA Michigan NA NA Kansas 50.00-75.00 UP 5-DN 5 Minnesota NA NA Nebraska 48.00-70.00 UNCH-UP 10 Wisconsin 68.00 UNCH South Dakota 72.00 UNCH Missouri 62.00 UNCH Ethanol - dollars/gallon - week ending 04/17/2020 Offers Change ($/gal) Iowa 0.73-0.85 UP 0.03-UP 0.05 ECB 0.93-1.00 UP 0.11-UP 0.01 Kansas 0.73-0.86 UP 0.03-UP 0.06 Minnesota 0.74-0.83 UP 0.02-UP 0.07 Nebraska 0.67-0.86 UP 0.03-UP 0.05 Wisconsin NA NA South Dakota 0.73 UP 0.02 Distillers Corn Oil (DCO) - cents/pound - week ending 04/17/2020 Offers Change (¢/lb) Iowa 29.00-37.00 UP 2-UP 7 ECB 27.25-37.00 UNCH-UP 6 Nebraska 31.50-32.00 UP 3.5-UP 2 South Dakota 29.00-31.00 UP 1 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 950Clp