SJ_GR113 Des Moines, IA Tue, Mar 05, 2019 USDA-IA 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 3.4475-3.7675 UP 1.25-UP 4.25 -30K to 2K UNCH-UP 3 Iowa-Western 3.3875-3.6675 UP 1.25-UP 2.25 -36K to -8K UNCH-UP 1 Illinois 3.4575-3.8075 UP 1.25-UP 3.25 -29K to 6K UNCH-UP 2 Indiana 3.6275-3.7675 UP 1.25-UP 2.25 -12K to 2K UNCH-UP 1 Ohio 3.6475-3.7575 UP 3.25-UP 1.25 -10K to 1K UP 2-UNCH Michigan 3.5075-3.7975 UP 1.25 -24K to 5K UNCH Kansas 3.6875-3.8500 UP 10.75-UP 1 -6K to 20H NO COMP Minnesota 3.3675-3.5875 UP 1.25 -38K to -16K UNCH Nebraska 3.3975-3.6675 UP 1.25-UP 2.25 -35K to -8K UNCH-UP 1 Wisconsin 3.3275-3.4975 UP 1.25 -42K to -25K UNCH South Dakota 3.2475-3.4475 UP 1.25 -50K to -30K UNCH Missouri 3.5275-3.6975 UP 1.25-UP 0.25 -22K to -5K UNCH-DN 1 Sorghum (Milo) Bids Change (¢/bu) Basis Change Kansas 3.4475-3.4975 UP 1.25 -30K to -25K UNCH Missouri NA NA NA NA Dried Distillers Grain (10% Moisture) Offers Mostly Change ($/ton) Iowa-Eastern 130.00-135.00 UNCH Iowa-Western 125.00-145.00 UNCH Illinois 142.00-175.00 148.00-155.00 DN 3-DN 5 Indiana 130.00-155.00 145.00-155.00 UNCH Ohio 135.00-155.00 135.00-143.00 DN 3-UP 10 Michigan 120.00-145.00 128.00-138.00 DN 5-UNCH Kansas 145.00-165.00 UNCH Minnesota 130.00-135.00 UNCH Nebraska 130.00-159.00 140.00-150.00 UNCH Wisconsin 130.00-145.00 DN 5-UNCH South Dakota 130.00-143.00 UNCH-DN 2 Missouri 152.00-175.00 152.00-155.00 UP 7-UNCH Modified Wet Distillers Grain (50-55% Moisture) Offers Mostly Change ($/ton) Iowa-Eastern 60.00 UNCH Iowa-Western 50.00-65.00 UNCH Illinois NA NA Indiana 75.00 UNCH Ohio NA NA Michigan 60.00-65.00 UNCH Kansas NA NA Minnesota 68.00 UNCH Nebraska 55.00-80.00 69.00-80.00 UNCH Wisconsin 60.00-70.00 UNCH-DN 5 South Dakota 67.00-75.00 UNCH Missouri 80.00 UNCH Wet Distillers Grain (65-70% Moisture) Offers Mostly Change ($/ton) Iowa-Eastern NA NA Iowa-Western 30.00-40.00 UNCH Illinois 40.00-58.00 UNCH Indiana NA NA Ohio NA NA Michigan 30.00 DN 12 Kansas 55.00-68.00 DN 3-UNCH Minnesota 40.00-48.00 UNCH Nebraska 45.00-60.00 UNCH-UP 5 Wisconsin 48.00 UNCH South Dakota 42.00 UNCH Missouri 55.00-60.00 DN 4-UNCH Ethanol Offers Change ($/gal) Iowa 1.23-1.30 UP 0.07-UNCH ECB 1.20-1.33 DN 0.03-DN 0.01 Kansas 1.26-1.29 UP 0.04-UP 0.01 Minnesota 1.20 UP 0.01 Nebraska 1.18-1.28 DN 0.04-UP 0.05 Wisconsin NA NA South Dakota 1.19 UNCH Distillers Corn Oil (DCO) Offers Change (¢/lb) Iowa 23.00-25.00 UNCH-DN 2 ECB 23.00-29.00 UNCH-UP 1 Nebraska 23.50-25.00 DN 1.5-DN 1 South Dakota 23.00-25.00 UNCH 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, Des Moines, IA Staff 515-284-4460         www.ams.usda.gov/mnreports/SJ_GR113.txt         www.ams.usda.gov/LPSMarketNewsPage 1034Cnjb