SJ_GR113 St Joseph, MO Thu, Aug 13, 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 2.9150-3.2050 UP 3 -23U to 6U UNCH Iowa-Western 2.8250-3.0450 UP 3 -32U to -10U UNCH Illinois 3.0650-3.2650 UP 3 -8U to 12U UNCH Indiana 3.0950-3.2950 UP 3 -5U to 15U UNCH Ohio 3.0450-3.2950 UP 3 -10U to 15U UNCH Michigan 3.0450-3.2650 UP 3 -10U to 12U UNCH Kansas 2.9950-3.5650 UP 3 -15U to 42U UNCH Minnesota 2.6250-2.8750 UP 3 -52U to -27U UNCH Nebraska 2.8550-3.2950 UP 3 -29U to 15U UNCH Wisconsin 2.8250-2.8750 UP 3 -32U to -27U UNCH South Dakota 2.6650-2.8050 UP 3 -48U to -34U UNCH Missouri 2.9425-3.1450 UP 3.75-UP 3 -33Z to OptU UNCH Sorghum (Milo) Bids Change (¢/bu) Basis Change Kansas NA NA NA NA Missouri NA NA NA NA Dried Distillers Grain (10% Moisture)- dollars/ton - week ending 08/07/2020 Offers Change ($/ton) Iowa-Eastern 115.00-120.00 UP 5-UNCH Iowa-Western 107.00-125.00 UNCH-UP 5 Illinois 130.00-142.00 DN 5-UP 2 Indiana 124.00-147.00 DN 6-UP 7 Ohio 133.00-137.00 UP 3-UP 5 Michigan 125.00-130.00 UP 5-UNCH Kansas 115.00-135.00 UNCH-DN 10 Minnesota 120.00 UP 5-DN 2 Nebraska 115.00-130.00 UNCH Wisconsin 122.00-135.00 UP 2-DN 5 South Dakota 105.00-120.00 UNCH Missouri 135.00-140.00 DN 3-DN 5 Modified Wet Distillers Grain (50-55% Moisture)- dollars/ton - week ending 08/07/2020 Offers Change ($/ton) Iowa-Eastern 55.00-60.00 UNCH Iowa-Western 45.00-60.00 UNCH-UP 5 Illinois NA NA Indiana 40.00 UNCH Ohio NA NA Michigan 45.00 UNCH Kansas NA NA Minnesota 50.00 UNCH Nebraska 40.00-61.00 UNCH-UP 3 Wisconsin 55.00 UP 1 South Dakota 45.00-62.00 UNCH-DN 0.5 Missouri 70.00 UNCH Wet Distillers Grain (65-70% Moisture) - dollars/ton - week ending 08/07/2020 Offers Change ($/ton) Iowa-Eastern NA NA Iowa-Western 30.00-50.00 UNCH Illinois 45.00 UNCH Indiana NA NA Ohio NA NA Michigan NA NA Kansas 40.00-50.00 UNCH-DN 5 Minnesota 40.00 No Comp Nebraska 25.00-48.00 UNCH Wisconsin 38.00 UNCH South Dakota 45.00 UNCH Missouri 39.00-65.00 DN 4-UP 22 Ethanol - dollars/gallon - week ending 08/07/2020 Offers Change ($/gal) Iowa 1.03-1.20 DN 0.08-DN 0.1 ECB 1.16-1.19 DN 0.08-DN 0.11 Kansas 1.10 DN 0.01-DN 0.07 Minnesota 1.05 DN 0.08-DN 0.11 Nebraska 1.03-1.19 DN 0.08-DN 0.01 Wisconsin NA NA South Dakota 1.05 DN 0.08 Distillers Corn Oil (DCO) - cents/pound - week ending 08/07/2020 Offers Change (¢/lb) Iowa 22.00-25.50 UNCH-UP 0.5 ECB 23.50-25.00 UP 1.25-DN 0.5 Nebraska 23.00-23.50 UP 1-DN 1.5 South Dakota 22.75-23.00 UP 1-DN 2 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 1005Clp