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Friday, Aug. 22, 2014

Iowa Ethanol Plant Report

Friday, December 28, 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 6.9150-7.2650  UP 0.25-UP 3.25    OptH to 35H   UP 2-UP 5
            W 6.9050-7.2150  DN 1.75            -1H to 30H    UNCH

              Offers         Change ($/ton)
Dried Distillers Grain  (10% Moisture)
            E 248.00-250.00  DN 2-DN 5
            W 240.50-260.00  DN 1-UNCH
     W mostly 248.00-260.00

Modified Wet Distillers Grain (50-55% Moisture)
            E 126.00-130.00  UP 4-UP 3
            W 123.00-130.00  DN 1-DN 5

Wet Distillers Grain (65-70% Moisture)
        E & W 83.00-89.00    UNCH-UP 1

Ethanol       W/E Dec 28     Change ($/gal)
        E & W 2.10-2.20      UP 0.02-UNCH

Distillers Corn Oil
(DCO)         W/E Dec 28     Change (/lb)
        E & W 34.50-36.00    UP 0.50-DN 2.00

**Weekly Wrap Up:
Spot market ethanol trades were minimal this week due to the holiday and 
decreasing fuel demand. Light demand and heavy offerings were reported,
while prices in Iowa were mostly steady.

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.  Distillers corn oil is intended for animal feed
or biofuel and is not Generally Regarded As Safe (GRAS) for human consumption.
It may also be referred to as inedible crude corn oil or crude corn oil.

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