SJ_GR113
St Joseph, MO     Fri, Aug 07, 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  2.8825-3.1525  UP 0.25          -23U to 4U         UNCH
Iowa-Western  2.7925-3.0125  UP 0.25          -32U to -10U       UNCH
Illinois      3.0625-3.2625  UP 0.25          -5U to 15U         UNCH
Indiana       3.0625-3.2625  DN 1.75-DN 4.75  -5U to 15U         DN 2-DN 5
Ohio          3.1125-3.2625  UP 0.25          OptU to 15U        UNCH
Michigan      3.0125-3.2425  UP 0.25          -10U to 13U        UNCH
Kansas        2.9625-3.5325  DN 4.75-UP 0.25  -15U to 42U        DN 5-UNCH
Minnesota     2.6125-2.8425  UP 0.25          -50U to -27U       UNCH
Nebraska      2.8225-3.2625  UP 0.25          -29U to 15U        UNCH
Wisconsin     2.7925-2.8425  UP 0.25          -32U to -27U       UNCH
South Dakota  2.6525-2.7725  UP 0.25          -46U to -34U       UNCH
Missouri      2.8925-3.0825  UP 0.25          -22U to -3U        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
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