SJ_GR113 Saint Joseph, MO Mon, Oct 16, 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 3.0775-3.2975 UP 3.75 -45Z to -23Z UNCH Iowa-Western 3.0775-3.2775 UP 3.75-UP 0.75 -45Z to -25Z UNCH-DN 3 Illinois 3.2275-3.3775 UP 3.75 -30Z to -15Z UNCH Indiana 3.2775-3.5275 UP 3.75 -25Z to OptZ UNCH Ohio 3.4275-3.5275 UP 3.75 -10Z to OptZ UNCH Michigan 3.1775-3.3475 UP 3.75 -35Z to -18Z UNCH Kansas 3.2275-3.7275 UP 3.75 -30Z to 20Z UNCH Minnesota 2.7475-3.1275 UP 3.75 -78Z to -40Z UNCH Nebraska 3.0075-3.4275 UP 3.75 -52Z to -10Z UNCH Wisconsin 2.8775-3.2775 UP 3.75 -65Z to -25Z UNCH South Dakota 2.7575-3.1075 UP 3.75 -77Z to -42Z UNCH Missouri 3.0275-3.1275 UP 3.75 -50Z to -40Z UNCH Sorghum (Milo) Bids Change (¢/bu) Basis Change Kansas 3.2775-3.4275 up 3.75 -25Z to -10Z UNCH Missouri NA NA NA NA Dried Distillers Grain (10% Moisture) Offers Mostly Change ($/ton) Iowa-Eastern 105.00-110.00 UNCH Iowa-Western 100.00-114.00 100.00-110.00 UNCH Illinois 115.00-130.00 115.00-125.00 UNCH Indiana 108.00-120.00 108.00-118.00 UNCH Ohio 107.00-120.00 107.00-113.00 UNCH Michigan 105.00-110.00 UNCH Kansas 120.00-150.00 120.00-129.00 UNCH Minnesota 107.00-110.00 UNCH Nebraska 110.00-125.00 120.00-125.00 UNCH-UP 2 Wisconsin 110.00-130.00 UNCH South Dakota 102.00-109.00 UNCH Missouri 118.00-122.00 UNCH Modified Wet Distillers Grain (50-55% Moisture) Offers Mostly Change ($/ton) Iowa-Eastern 50.00-52.00 UNCH Iowa-Western 45.00-55.00 UNCH Illinois NA NA Indiana 56.00 UNCH Ohio NA NA Michigan 42.00-45.00 UNCH Kansas NA NA Minnesota 50.00 UNCH Nebraska 46.00-64.00 50.00-58.00 UNCH-DN 1 Wisconsin 48.00-60.00 UNCH South Dakota 44.00-55.50 UNCH Missouri 65.00 UNCH Wet Distillers Grain (65-70% Moisture) Offers Mostly Change ($/ton) Iowa-Eastern NA NA Iowa-Western 27.00-42.00 UNCH Illinois 30.00 UNCH Indiana NA NA Ohio NA NA Michigan NA NA Kansas 45.00-55.00 UNCH Minnesota 26.00-35.00 UNCH Nebraska 38.50-49.50 38.50-48.00 UNCH-DN 0.5 Wisconsin NA NA South Dakota 30.00 UNCH Missouri 34.00-36.00 UNCH Ethanol Offers Change ($/gal) Iowa 1.27-1.52 DN 0.13-DN 0.01 ECB 1.38-1.42 DN 0.03-DN 0.05 Kansas 1.36 DN 0.01 Minnesota 1.27-1.53 DN 0.06-UP 0.03 Nebraska 1.22-1.33 DN 0.11 Wisconsin 1.43 No Comp South Dakota 1.58 UP 0.08-DN 0.04 Distillers Corn Oil (DCO) Offers Change (¢/lb) Iowa 26.00-29.00 UNCH ECB 24.00-28.50 DN 2-DN 0.5 Nebraska 26.00-30.00 UNCH South Dakota 24.00-27.50 UNCH-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 Lonnie Peetz 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 958C lp