NW_GR212 Saint Joseph, MO Fri, Apr 20, 2018 USDA-MO Dept of Ag Market News Iowa Ethanol Corn and Co-Products Processing Values Corn prices compared with value of processing products for Iowa ethanol plants This week Last week Last year Unit Apr 20, 2018 Apr 13, 2018 Apr 21, 2017 Ethanol tank cars & trucks Iowa plants $/gal 1.48 1.44 1.58 Ethanol yield per bushel processed gal 2.80 2.80 2.80 Value from bushel of corn $ 4.14 4.03 4.42 Distillers Dried Grains, 10% moisture Iowa plants $/ton 156.50 153.00 96.00 DDGS yield per bushel processed lbs 17.75 17.75 17.75 Value from bushel of corn $ 1.39 1.36 0.85 Value of ethanol and DDGS from bushel of corn $ 5.53 5.39 5.27 No. 2 Yellow Corn truck price IA points $/bu 3.56 3.60 3.38 Difference between corn price & value of co-products $ 1.97 1.79 1.89 Bio-Energy Report Notes: This table is presented for statistical comparison and is not intended to indicate operating margins. All prices are a simple average derived from SJ_GR113. Terms of these prices are negotiated, spot market, and FOB the plant. Source: USDA-MO Dept of Ag Market News Service, Saint Joseph, MO Baldemar Ortiz 816-676-7000 StJoe.LGMN@ams.usda.gov www.ams.usda.gov/mnreports/NW_GR212.txt www.ams.usda.gov/LPSMarketNewsPage 1012C bro