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 8.0200-8.4500  UP 16-UP 19.25     -8U to 35U    UNCH-UP 5
     E mostly 8.0200-8.3000
            W 7.9700-8.2300  UP 16-UP 12.25     -13U to 13U   UNCH-DN 2

              Offers         Change ($/ton)
Dried Distillers Grain  (10% Moisture)
            E 294.00-300.00  UNCH
            W 286.50-325.00  UNCH
     W mostly 286.50-302.00

Modified Wet Distillers Grain (50-55% Moisture)
            E 150.00-152.00  UNCH
            W 130.00-158.00  UNCH
     W mostly 138.00-152.00

Wet Distillers Grain (65-70% Moisture)
        E & W 74.50-145.00   UNCH
       Mostly 74.50-102.00 

Ethanol       W/E Aug 03     Change ($/gal)
        E & W 2.45-2.60      DN 0.05-DN 0.02
       Mostly 2.49-2.54

Corn Oil      W/E Aug 03     Change (¢/lb)
        E & W 0.36-0.38      UP 0.01-DN 0.02

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


          812CJRI