SJ_GR113 St Joseph, MO Tue, Jul 14, 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 3.0375-3.1875 DN 8.5-DN 6.5 -25U to -10U UNCH-UP 2 Iowa-Western 2.9075-3.1475 DN 8.5-DN 6.5 -38U to -14U UNCH-UP 2 Illinois 3.2075-3.4375 DN 8.5 -8U to 15U UNCH Indiana 3.1075-3.5875 DN 8.5-DN 3.5 -18U to 30U UNCH-UP 5 Ohio 3.3175-3.5375 DN 8.5-DN 3.5 3U to 25U UNCH-UP 5 Michigan 3.1875-3.4375 DN 8.5-DN 3.5 -10U to 15U UNCH-UP 5 Kansas 3.2975-3.6375 DN 8.5 1U to 35U UNCH Minnesota 2.7375-3.0075 DN 8.5 -55U to -28U UNCH Nebraska 2.7675-3.3875 DN 8.5 -52U to 10U UNCH Wisconsin 2.9375-3.1675 DN 8.5 -35U to -12U UNCH South Dakota 2.7475-2.9475 DN 8.5 -54U to -34U UNCH Missouri 3.1475-3.3075 DN 6.5 -14U to 2U UP 2 Sorghum (Milo) Bids Change (¢/bu) Basis Change Kansas 3.3875 DN 8.5 10U UNCH Missouri NA NA NA NA Dried Distillers Grain (10% Moisture)- dollars/ton - week ending 07/10/2020 Offers Change ($/ton) Iowa-Eastern 115.00-120.00 UNCH Iowa-Western 110.00-135.00 UNCH Illinois 135.00-150.00 UP 5 Indiana 125.00-147.00 DN 7 Ohio 135.00-141.00 UP 5-DN 4 Michigan 125.00-138.00 UNCH Kansas 115.00-145.00 UNCH-UP 15 Minnesota 115.00-125.00 UNCH Nebraska 115.00-130.00 UP 10-UNCH Wisconsin 125.00-140.00 UP 5-UNCH South Dakota 110.00-123.00 DN 5-UNCH Missouri 136.00-145.00 DN 3-UNCH Modified Wet Distillers Grain (50-55% Moisture)- dollars/ton - week ending 07/10/2020 Offers Change ($/ton) Iowa-Eastern 58.00-60.00 UNCH Iowa-Western 45.00-60.00 UNCH Illinois NA NA Indiana 50.00 No Comp Ohio NA NA Michigan 55.00 UNCH Kansas NA NA Minnesota 50.00 UNCH Nebraska 46.00-60.00 UP 6-UNCH Wisconsin 57.00 UP 3 South Dakota 55.00-66.00 UNCH Missouri 68.00 DN 2 Wet Distillers Grain (65-70% Moisture) - dollars/ton - week ending 07/10/2020 Offers Change ($/ton) Iowa-Eastern NA NA Iowa-Western 30.00-40.00 UNCH-DN 15 Illinois 43.00 DN 13 Indiana NA NA Ohio NA NA Michigan NA NA Kansas 40.00-50.00 UNCH Minnesota 40.00 DN 5 Nebraska 25.00-48.00 UP 10-UP 1 Wisconsin 41.00 UNCH South Dakota 45.00-46.00 DN 1-UNCH Missouri 42.00-65.00 DN 2-UP 21 Ethanol - dollars/gallon - week ending 07/10/2020 Offers Change ($/gal) Iowa 1.40-1.53 UP 0.23 ECB 1.54-1.65 UP 0.26-UP 0.33 Kansas 1.54 UP 0.37-UP 0.31 Minnesota 1.35-1.51 UP 0.17-UP 0.33 Nebraska 1.24-1.52 UP 0.07-UP 0.16 Wisconsin NA NA South Dakota 1.49 UP 0.32 Distillers Corn Oil (DCO) - cents/pound - week ending 07/10/2020 Offers Change (¢/lb) Iowa 21.00-25.25 UNCH ECB 20.50-25.50 DN 1.5-UNCH Nebraska 22.00-25.00 UP 1-UNCH South Dakota 21.00-25.25 UNCH-UP 0.25 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