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 8.0500-8.5500  UP 21.5            -15U to 35U   UNCH
     E mostly 8.0500=8.2200
            W 8.0400-8.2600  UP 21.5-UP 17.5    -16U to 12Z   UNCH-UP 2

              Offers         Change ($/ton)
Dried Distillers Grain  (10% Moisture)
            E 290.00         UNCH
            W 276.50-305.00  UNCH
     W mostly 290.00-300.00

Modified Wet Distillers Grain (50-55% Moisture)
            E 143.00-145.00  UNCH
            W 135.00-155.00  UNCH
     W mostly 135.00-150.00

Wet Distillers Grain (65-70% Moisture)
        E & W 74.50-100.00   UNCH

Ethanol       W/E Jul 27     Change ($/gal)
        E & W 2.50-2.62      DN 0.04-DN 0.05
       Mostly 2.52-2.57

Corn Oil      W/E Jul 27     Change (¢/lb)
        E & W 0.35-0.40      UNCH-UP 0.03

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.ams.usda.gov/mnreports/NW_GR111.txt
        www.ams.usda.gov/LSMarketNews


          831C JRI