Iowa Ethanol Plant Report

Thursday, December 15, 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 5.5200-5.7200  DN 13-DN 12        -29H to -9H   UP 1-UP 2
            W 5.5800-5.8100  DN 10-DN 14        -23H to OptH  UP 4-UNCH
    W Mostly  5.6600-5.7600  	
              Offers         Change ($/ton)
Dried Distillers Grain  (10% Moisture)
            E 190.00         UNCH
            W 185.00-203.00  UNCH

Modified Wet Distillers Grain (50-55% Moisture)
            E 90.00-100.00   UNCH
            W 98.00-107.00   UNCH

Wet Distillers Grain (65-70% Moisture)
        E & W 64.80-72.00    UNCH

Ethanol       W/E Dec 09     Change ($/gal)
        E & W 2.15-2.30      DN 0.49-DN 0.45

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
        John Kimbrell  515-284-4460
 24 Hour recorded market information 515-284-4830