Iowa Ethanol Plant Report

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,
              corn oil cents/pound

              Bids           Change (¢/bu)      Basis         Change
Yellow Corn E 6.2875-6.6375  DN 3.75-DN 0.75    60U to 52N    UP 40-UNCH
     E mostly 6.2875-6.4675
            W 6.2875-6.5375  DN 0.75-DN 34.75   17N to 85U    UNCH-UP 9
     W mostly 6.2875-6.4875

              Offers         Change ($/ton)
Dried Distillers Grain  (10% Moisture)
            E 210.00-215.00  UNCH
            W 210.00-228.00  UNCH
     W mostly 210.00-217.00

Modified Wet Distillers Grain (50-55% Moisture)
            E 105.00-110.00  UNCH
            W 102.00-110.00  UNCH

Wet Distillers Grain (65-70% Moisture)
        E & W 64.50-95.00    UNCH
 E & W mostly 64.50-75.00

Ethanol       W/E Jun 15     Change ($/gal)
        E & W 1.94-2.01      UP 0.02-DN 0.03

Corn Oil      W/E Jun 15     Change (¢/lb)
        E & W 0.36-0.38      DN 0.01

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  Desm.LGMN@ams.usda.gov
        24 Hour recorded market information 515-284-4830
        www.am JRI
        www.ams.usda.gov/LSMarketNews


          822CJRI