SJ_GR113 Saint Joseph, MO Tue, Oct 03, 2017 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 3.0650-3.2850 DN 3.75 -45Z to -23Z UNCH Iowa-Western 3.0550-3.2950 DN 1.75-DN 3.75 -46Z to -22Z UP 2-UNCH Illinois 3.1650-3.3750 UP 1.25-DN 3.75 -35Z to -14Z UP 5-UNCH Indiana 3.0150-3.5450 DN 3.75-DN 10.75 -50Z to 3Z UNCH-DN 7 Ohio 3.3750-3.5650 DN 12.75-DN 3.75 -14Z to 5Z DN 9-UNCH Michigan 3.1650-3.3650 DN 1.75-DN 18.75 -35Z to -15Z UP 2-DN 15 Kansas 3.2150-3.7150 UP 1.25-DN 3.75 -30Z to 20Z UP 5-UNCH Minnesota 2.7350-3.0950 DN 3.75 -78Z to -42Z UNCH Nebraska 3.0450-3.4150 DN 3.75 -47Z to -10Z UNCH Wisconsin 2.8650-3.1750 DN 8.75-DN 3.75 -65Z to -34Z DN 5-UNCH South Dakota 2.7250-3.0950 DN 3.75 -79Z to -42Z UNCH Missouri 3.0150-3.1350 DN 5.75 -50Z to -38Z DN 2 Sorghum (Milo) Bids Change (¢/bu) Basis Change Kansas 3.1650-3.4150 DN 3.75-UP 1.25 -35Z to -10Z UNCH-UP 5 Missouri NA NA NA NA Dried Distillers Grain (10% Moisture) Offers Mostly Change ($/ton) Iowa-Eastern 105.00 UNCH Iowa-Western 100.00-114.00 100.00-108.00 UNCH Illinois 115.00-125.00 116.00-125.00 UNCH Indiana 105.00-120.00 105.00-110.00 UNCH Ohio 108.00-115.00 UNCH-DN 1 Michigan 102.00-108.00 UNCH Kansas 120.00-140.00 120.00-125.00 UNCH Minnesota 105.00-115.00 UNCH Nebraska 105.00-126.00 105.00-116.00 UNCH Wisconsin 110.00-115.00 UNCH South Dakota 100.00-110.50 104.00-110.50 UP 2-DN 1.5 Missouri 115.00-122.00 UNCH-UP 2 Modified Wet Distillers Grain (50-55% Moisture) Offers Mostly Change ($/ton) Iowa-Eastern 52.00-55.00 UNCH Iowa-Western 45.00-55.00 UNCH Illinois NA NA Indiana 55.00 UNCH Ohio NA NA Michigan 42.00-45.00 UNCH Kansas NA NA Minnesota 50.00 UNCH Nebraska 45.00-61.00 48.00-54.00 UNCH Wisconsin 48.00-60.00 UNCH South Dakota 42.92-56.50 DN 0.08-DN 0.5 Missouri 60.00 UNCH Wet Distillers Grain (65-70% Moisture) Offers Mostly Change ($/ton) Iowa-Eastern NA NA Iowa-Western 27.00-42.00 UNCH Illinois 30.00 UNCH Indiana NA NA Ohio NA NA Michigan NA NA Kansas 44.00-52.00 UNCH Minnesota 26.00-40.00 UNCH-DN 10 Nebraska 34.00-50.00 34.00-43.00 UNCH Wisconsin NA NA South Dakota 30.00 UNCH Missouri 33.00-36.00 UNCH Ethanol Offers Change ($/gal) Iowa 1.45-1.58 UP 0.01-UP 0.03 ECB 1.51 DN 0.04-DN 0.16 Kansas 1.44 DN 0.06 Minnesota 1.49-1.58 DN 0.04-DN 0.03 Nebraska 1.42-1.49 UNCH Wisconsin NA NA South Dakota 1.49-1.58 DN 0.04-DN 0.03 Distillers Corn Oil (DCO) Offers Change (¢/lb) Iowa 25.00-30.00 DN 3-UNCH ECB 28.00-31.00 DN 1-UP 1 Nebraska 28.00-29.00 DN 1 South Dakota 28.00-28.50 UP 1-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, Saint Joseph, MO Dakota Arthur 816-676-7000 StJoe.LGMN@ams.usda.gov         24 Hour recorded market information 515-284-4830         www.ams.usda.gov/mnreports/SJ_GR113.txt         www.ams.usda.gov/LPSMarketNewsPage 953C dsa