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 8.1525-8.6325  UP 16.75-UP 16     OptU to 48U   UNCH-UP 8
     E moslty 8.1525-8.4225
            W 8.1025-8.3975  UP 16.75-UP 17.5   -5U to 16Z    UNCH-UP 1

              Offers         Change ($/ton)
Dried Distillers Grain  (10% Moisture)
            E 290.00-300.00  UNCH
            W 285.00-320.00  UNCH
     W mostly 285.00-300.00

Modified Wet Distillers Grain (50-55% Moisture)
            E 145.00-153.00  UNCH
            W 140.00-153.00  UNCH

Wet Distillers Grain (65-70% Moisture)
        E & W 74.50-147.00   UNCH
       Mostly 74.50-97.00

Ethanol       W/E Aug 17     Change ($/gal)
        E & W 2.50-2.55      UP 0.03-UNCH

Distillers Corn Oil
(DCO)         W/E Aug 17     Change (¢/lb)
        E & W 36.00-40.00    UP 1.00-UP 2.00

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