SJ_GR113 Des Moines, IA Thu, Sep 20, 2018 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 2.9975-3.1775 UP 5.75-UP 2.75 -50Z to -32Z UNCH-DN 3 Iowa-Western 2.9375-3.1975 UP 4.75-UP 5.75 -56Z to -30Z DN 1-UNCH Illinois 3.0375-3.3275 UP 4.75-UP 5.75 -46Z to -17Z DN 1-UNCH Indiana 3.1775-3.3075 UP 5.75-UP 1.75 -32Z to -19Z UNCH-DN 4 Ohio 3.1975-3.3775 UP 5.75-UP 1.75 -30Z to -12Z UNCH-DN 4 Michigan 3.1175-3.3475 UP 5.75 -38Z to -15Z UNCH Kansas 3.3775-3.6975 UP 5.75-UP 0.75 -12Z to 20Z UNCH-DN 5 Minnesota 2.7675-3.0575 UP 5.75 -73Z to -44Z UNCH Nebraska 2.9175-3.2975 UP 5.75 -58Z to -20Z UNCH Wisconsin 2.8175-3.1375 UP 5.75-UP 9.75 -68Z to -36z UNCH-UP 4 South Dakota 2.7875-3.0475 UP 11.75-UP 5.75 -71Z to -45Z UP 6-UNCH Missouri 3.0675-3.2475 UP 2.75-UP 5.75 -43Z to -25Z DN 3-UNCH Sorghum (Milo) Bids Change (¢/bu) Basis Change Kansas 3.3975-3.7475 UP 5.75 -10Z to 25Z UNCH Missouri NA NA NA NA Dried Distillers Grain (10% Moisture) Offers Mostly Change ($/ton) Iowa-Eastern 130.00 UNCH Iowa-Western 115.00-146.00 130.00-135.00 UNCH Illinois 135.00-145.00 UNCH Indiana 125.00-145.00 134.00-146.00 UNCH Ohio 128.00-142.00 UNCH Michigan 134.00-140.00 UNCH Kansas 145.00-180.00 145.00-165.00 UNCH Minnesota 118.00-135.00 UNCH Nebraska 120.00-147.00 130.00-140.00 UNCH Wisconsin 118.00-130.00 130.00-135.00 UNCH South Dakota 121.00-130.00 125.00-130.00 UNCH Missouri 145.00-152.00 UNCH Modified Wet Distillers Grain (50-55% Moisture) Offers Mostly Change ($/ton) Iowa-Eastern 55.00-62.00 UNCH Iowa-Western 50.00-65.00 50.00-60.00 UNCH Illinois NA NA Indiana 65.00 UNCH Ohio NA NA Michigan 55.00-58.00 UNCH Kansas NA NA Minnesota 60.00 UNCH Nebraska 52.50-75.00 55.00-66.00 UNCH Wisconsin 57.00-75.00 UNCH South Dakota 58.00-66.00 UNCH Missouri 75.00 UNCH Wet Distillers Grain (65-70% Moisture) Offers Mostly Change ($/ton) Iowa-Eastern NA NA Iowa-Western 37.00-41.00 UNCH Illinois 22.00-46.00 UNCH Indiana NA NA Ohio NA NA Michigan 45.00 UNCH Kansas 35.00-70.00 50.00-55.00 UNCH Minnesota 30.00 UNCH Nebraska 38.00-45.00 UNCH Wisconsin 40.00 UNCH South Dakota 30.00 UNCH Missouri 47.00-52.00 UNCH Ethanol Offers Change ($/gal) Iowa 1.12-1.34 DN 0.02-DN 0.01 ECB 1.24-1.30 DN 0.06-DN 0.02 Kansas 1.18-1.19 DN 0.02-DN 0.03 Minnesota 1.30-1.34 UP 0.1-DN 0.06 Nebraska 1.16-1.20 UP 0.07-DN 0.05 Wisconsin 1.26 No Comp South Dakota 1.32 DN 0.11 Distillers Corn Oil (DCO) Offers Change (¢/lb) Iowa 24.00-26.00 UNCH ECB 23.50-26.50 UNCH-DN 0.25 Nebraska 24.00-26.00 DN 0.5-UP 0.5 South Dakota 23.50-25.00 UP 1.5-UP 0.5 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 1038Cnjb