Iowa Ethanol Plant Report

Tuesday, July 26, 2011

Corn is spot bid at selected Ethanol plants in Iowa 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

                   Bids         Change (/bu)       Basis          Change
Yellow Corn E  6.9400-7.2200      DN 1-UNCH       15U to 43U     UP 10-UP 11
            W  6.7300-7.1700      DN 9-DN 8       -6U to 38U      UP 2-UP 3

                  Offers       Change ($/ton)
Dried Distillers Grain  (10% Moisture)
            E  190.00-197.00        UNCH
            W  180.00-202.00        UNCH

Modified Wet Distillers Grain (50-55% Moisture)
            E   92.00-95.00         UNCH
            W   90.00-97.00         UNCH

Wet Distillers Grain (65-70% Moisture)
        E & W   70.00-73.00         UNCH

Ethanol         W/E Jul 22     Change ($/gal)
        E & W    2.72-2.92     UP 0.05-UP 0.06

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 a non-dried product.

Yellow Corn = US #2

E is east of Interstate 35. W is west of Interstate 35.

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, Des Moines, IA
        Jodee Inman  515-284-4460
 24 Hour recorded market information 515-284-4830

810C          JRI