SJ_GR113 St Joseph, MO Wed, Mar 11, 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 3.6250-3.7250 UP 4.75 -15K to -5K UNCH Iowa-Western 3.6250-3.8250 UP 4.75 -15K to 5K UNCH Illinois 3.7250-3.9350 UP 4.75 -5K to 16K UNCH Indiana 3.8250-4.1250 UP 4.75 5K to 35K UNCH Ohio 4.0550-4.1550 UP 4.75 28K to 38K UNCH Michigan 3.8750-4.0450 UP 4.75 10K to 27K UNCH Kansas 3.8750-3.9350 UP 4.75 10K to 16K UNCH Minnesota 3.3550-3.7850 UP 4.75 -42K to 1K UNCH Nebraska 3.6250-3.8250 UP 9.75-UP 7.75 -15K to 5K UP 5-UP 3 Wisconsin 3.4250-3.6750 DN 4.25-UP 3.25 -35K to -10K DN 9-UNCH South Dakota 3.3750-3.7950 UP 4.75 -40K to 2K UNCH Missouri 3.7250-3.8250 UP 4.75 -5K to 5K UNCH Sorghum (Milo) Bids Change (¢/bu) Basis Change Kansas 3.5250-3.6250 UP 4.75 -25K to -15K UNCH Missouri NA NA NA NA Dried Distillers Grain (10% Moisture)- dollars/ton - week ending 03/06/2020 Offers Change ($/ton) Iowa-Eastern 135.00-145.00 DN 3-UNCH Iowa-Western 130.00-155.00 UNCH Illinois 150.00-175.00 UNCH Indiana 148.00-170.00 UP 5 Ohio 155.00-161.00 UNCH-UP 1 Michigan 150.00-156.00 UNCH-UP 2 Kansas 135.00-165.00 UNCH Minnesota 135.00-145.00 UP 5-UNCH Nebraska 130.00-149.50 UNCH-DN 2 Wisconsin 140.00-145.00 UNCH South Dakota 135.00-146.00 UNCH-UP 2 Missouri 155.00-163.00 UNCH Modified Wet Distillers Grain (50-55% Moisture)- dollars/ton - week ending 03/06/2020 Offers Change ($/ton) Iowa-Eastern 70.00 UNCH Iowa-Western 60.00-70.00 UNCH Illinois NA NA Indiana NA NA Ohio NA NA Michigan 60.00 UNCH Kansas NA NA Minnesota 65.00-72.00 UNCH-UP 7 Nebraska 65.00-70.50 DN 3-DN 2 Wisconsin 62.00 DN 1 South Dakota 70.00-74.00 UNCH-DN 1.5 Missouri 82.00 UNCH Wet Distillers Grain (65-70% Moisture) - dollars/ton - week ending 03/06/2020 Offers Change ($/ton) Iowa-Eastern NA NA Iowa-Western 41.00-65.00 UNCH Illinois 54.00 UNCH Indiana NA NA Ohio NA NA Michigan NA NA Kansas 40.00-61.00 UNCH-DN 3 Minnesota 45.00 UNCH Nebraska 40.00-60.00 UNCH Wisconsin 50.00 UNCH South Dakota 45.00-48.00 DN 1-UP 1 Missouri 50.00-58.00 UNCH Ethanol - dollars/gallon - week ending 03/06/2020 Offers Change ($/gal) Iowa 1.12-1.25 UNCH-DN 0.05 ECB 1.26-1.29 DN 0.01 Kansas 1.12-1.21 UNCH-DN 0.02 Minnesota 1.14-1.17 DN 0.04-DN 0.02 Nebraska 1.12-1.22 UNCH-DN 0.03 Wisconsin NA NA South Dakota 1.14 DN 0.04 Distillers Corn Oil (DCO) - cents/pound - week ending 03/06/2020 Offers Change (¢/lb) Iowa 27.00-29.50 UNCH ECB 27.00-30.00 DN 1-UP 0.5 Nebraska 26.50-30.00 DN 1.5-UNCH South Dakota 26.50-29.00 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 954Clp