[Masthead] Fog/Mist ~ 32°F  
High: 35°F ~ Low: 29°F
Saturday, Dec. 20, 2014

Iowa Ethanol Plant Report

Friday, November 9, 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 7.3525-7.6325  DN 3               -6Z to 22Z    UNCH
            W 7.3625-7.6025  DN 3               -5Z to 17H    UNCH-DN 2

              Offers         Change ($/ton)
Dried Distillers Grain  (10% Moisture)
            E 258.00-260.00  DN 5-DN 10
            W 258.00-275.00  DN 7-DN 5

Modified Wet Distillers Grain (50-55% Moisture)
            E 125.00-135.00  UNCH-DN 3
            W 130.00-135.00  DN 3-DN 5

Wet Distillers Grain (65-70% Moisture)
        E & W 82.00-92.00    UP 12-UP 10

Ethanol       W/E Nov 09     Change ($/gal)
        E & W 2.23-2.34      DN 0.03-DN 0.04

Distillers Corn Oil
(DCO)         W/E Nov 02     Change (/lb)
        E & W 28.00-32.00    DN 3.00-DN 2.00

**Weekly Wrap Up:
Spot market ethanol trades this week were lower with very light demand. As
refiners on the East coast recover from Hurricane Sandy, it is much more
economical to utilize imported ethanol than domestic product that must be
transported out of the Midwest. 

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