Iowa Ethanol Plant Report

Tuesday, October 30, 2012

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 7.2200-7.6200  DN 0.75            -15Z to 25Z   UNCH
     E mostly 7.2200-7.5100
            W 7.2700-7.5700  DN 0.75            -10Z to 20Z   UNCH

              Offers         Change ($/ton)
Dried Distillers Grain  (10% Moisture)
            E 260.00-272.00  UNCH
            W 270.00-275.00  UNCH

Modified Wet Distillers Grain (50-55% Moisture)
            E 135.00-140.00  UNCH
            W 129.00-140.00  UNCH

Wet Distillers Grain (65-70% Moisture)
        E & W 79.00-82.00    No Comp

Ethanol       W/E Oct 26     Change ($/gal)
        E & W 2.28-2.40      UP 0.01-UNCH

Distillers Corn Oil
(DCO)         W/E Oct 26     Change (/lb)
        E & W 31.00-34.00    DN 4.00

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
 24 Hour recorded market information 515-284-4830