SJ_GR113 Saint Joseph, MO Thu, Oct 05, 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 3.0325-3.2525 DN 1.25 -45Z to -23Z UNCH Iowa-Western 3.0325-3.2625 DN 1.25 -45Z to -22Z UNCH Illinois 3.1825-3.3125 UP 3.75-DN 1.25 -30Z to -17Z UP 5-UNCH Indiana 3.0025-3.5125 UP 0.75-DN 1.25 -48Z to 3Z UP 2-UNCH Ohio 3.3425-3.5325 DN 1.25 -14Z to 5Z UNCH Michigan 3.1325-3.3325 DN 1.25 -35Z to -15Z UNCH Kansas 3.1825-3.6825 DN 1.25 -30Z to 20Z UNCH Minnesota 2.7025-3.0625 DN 1.25 -78Z to -42Z UNCH Nebraska 3.0125-3.3825 DN 1.25 -47Z to -10Z UNCH Wisconsin 2.8325-3.1325 DN 1.25-DN 2.25 -65Z to -35Z UNCH-DN 1 South Dakota 2.6825-3.0625 DN 1.25 -80Z to -42Z UNCH Missouri 2.9825-3.1025 DN 0.25-DN 1.25 -50Z to -38Z UP 1-UNCH Sorghum (Milo) Bids Change (¢/bu) Basis Change Kansas 3.2325-3.3825 DN 1.25 -25Z to -10Z UNCH Missouri NA NA NA NA Dried Distillers Grain (10% Moisture) Offers Mostly Change ($/ton) Iowa-Eastern 105.00 UNCH Iowa-Western 100.00-114.00 100.00-108.00 UNCH Illinois 115.00-125.00 116.00-125.00 UNCH Indiana 106.00-120.00 108.00-118.00 UP 1-UNCH Ohio 108.00-118.00 UNCH-UP 3 Michigan 104.00-108.00 UP 2-UNCH Kansas 120.00-129.00 UNCH Minnesota 105.00-115.00 UNCH Nebraska 105.00-126.00 105.00-116.00 UNCH Wisconsin 110.00-115.00 UNCH South Dakota 100.00-109.50 104.00-110.50 UNCH-DN 1 Missouri 118.00-122.00 UNCH Modified Wet Distillers Grain (50-55% Moisture) Offers Mostly Change ($/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 46.00-61.00 48.00-55.00 UNCH Wisconsin 48.00-60.00 UNCH South Dakota 43.00-56.00 UP 0.08-DN 0.5 Missouri 60.00 UNCH Wet Distillers Grain (65-70% Moisture) Offers Mostly Change ($/ton) Iowa-Eastern NA NA Iowa-Western 27.00-42.00 UNCH Illinois 30.00 UNCH Indiana NA NA Ohio NA NA Michigan NA NA Kansas 44.00-55.00 UNCH-UP 3 Minnesota 26.00-40.00 UNCH Nebraska 35.00-50.00 38.00-48.00 UNCH Wisconsin NA NA South Dakota 30.00 UNCH Missouri 34.00-36.00 UNCH Ethanol Offers Change ($/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 945C dsa