SJ_GR113 Saint Joseph, MO Wed, Oct 18, 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 3.0200-3.2700 DN 0.5 -48Z to -23Z UNCH Iowa-Western 3.0500-3.2500 DN 0.5 -45Z to -25Z UNCH Illinois 3.1200-3.4000 DN 5.5-DN 0.5 -38Z to -10Z DN 5-UNCH Indiana 3.2500-3.4600 DN 0.5-DN 2.5 -25Z to -4Z UNCH-DN 2 Ohio 3.3500-3.5000 DN 0.5 -15Z to OptZ UNCH Michigan 3.1500-3.3200 DN 0.5 -35Z to -18Z UNCH Kansas 3.2000-3.7000 DN 0.5 -30Z to 20Z UNCH Minnesota 2.7900-3.1000 UP 3.5-DN 0.5 -71Z to -40Z UP 4-UNCH Nebraska 2.9500-3.4500 DN 0.5-UP 4.5 -55Z to -5Z UNCH-UP 5 Wisconsin 2.8300-3.1500 DN 0.5 -67Z to -35Z UNCH South Dakota 2.7200-3.1000 DN 0.5-UP 1.5 -78Z to -40Z UNCH-UP 2 Missouri 3.0000-3.1200 DN 0.5 -50Z to -38Z UNCH Sorghum (Milo) Bids Change (¢/bu) Basis Change Kansas 3.2500-3.4000 DN 0.5 -25Z to -10Z UNCH Missouri NA NA NA NA Dried Distillers Grain (10% Moisture) Offers Mostly Change ($/ton) Iowa-Eastern 105.00-110.00 UNCH Iowa-Western 100.00-114.00 100.00-110.00 UNCH Illinois 115.00-130.00 115.00-125.00 UNCH Indiana 112.00-123.00 112.00-120.00 UNCH Ohio 110.00-120.00 UNCH Michigan 105.00-112.00 UNCH Kansas 125.00-150.00 125.00-132.00 UNCH Minnesota 107.00-115.00 UNCH Nebraska 110.00-125.00 120.00-125.00 UNCH Wisconsin 110.00-120.00 UNCH-DN 10 South Dakota 105.00-110.00 UNCH Missouri 118.00-122.00 UNCH Modified Wet Distillers Grain (50-55% Moisture) Offers Mostly Change ($/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 Wisconsin 48.00-60.00 UNCH South Dakota 44.00-56.00 UNCH Missouri 65.00 UNCH Wet Distillers Grain (65-70% Moisture) Offers Mostly Change ($/ton) Iowa-Eastern NA NA Iowa-Western 27.00-42.00 UNCH Illinois NA NA Indiana NA NA Ohio NA NA Michigan NA NA Kansas 45.00-55.00 UNCH Minnesota 26.00-40.00 UNCH Nebraska 38.50-49.50 38.50-48.00 UNCH Wisconsin 30.00 UNCH South Dakota 28.00 UNCH Missouri 33.00-38.00 UNCH Ethanol Offers Change ($/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 1026C lp