Iowa Ethanol Plant Report

Thursday, October 13, 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  5.9900-6.3800     DN 13-DN 22     -42Z to -3Z     DN 9-DN 18
            W  5.9800-6.4100     DN 11-UP 6      -43Z to OptZ    DN 7-UP 10
       E and W mostly 5.9900-6.2600

                  Offers       Change ($/ton)
Dried Distillers Grain  (10% Moisture)
            E  188.00-195.00        UNCH
            W  178.00-195.00        UNCH

Modified Wet Distillers Grain (50-55% Moisture)
            E      95.00            UNCH
            W   91.00-95.00         UNCH

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

Ethanol         W/E Oct 07     Change ($/gal)
        E & W    2.35-2.59     DN 0.10-DN 0.09

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

836C          JRI