DDGS Price & Value Update – Apr ’20

Apr ’20 Central Illinois DDGS Prices Increased to a Five and a Half Year High Level Apr 18^th Central Illinois DDGS Prices Finished Flat Week-Over-Week but up 36.5% YOY The Month-Over-Month Increase in Central Illinois DDGS Prices was the Largest in Five Years The Recent Increase in DDGS Prices Occurred as Ethanol Run Rates Were Slashed Apr ’20 Central Illinois DDGS Percent of Cash Corn Increased to a 20 Year High Apr 18^th Central Illinois DDGS % of Cash Corn up 1.9% Week-Over-Week and 49.7% YOY The Month-Over-Month Increase in Central Illinois DDGS % of Cash Corn was a 20 Year High Apr ’20 Central Illinois DDGS Price/Ton of Protein Increased to a Five Year High Level