NW_GR111
Des Moines, IA     Tue, Nov 24, 2009     USDA Dept of Ag Market News

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

                   Bids         Change (¢/bu)       Basis          Change
Yellow Corn E  3.6125-3.7825   DN 5.75-DN 2.75   -26Z to -9Z      DN 2-UP 1
            W  3.4225-3.6925   DN 6.75-DN 3.75   -45Z to -18Z     DN 3-UNCH

                  Offers       Change ($/ton)
Dried Distillers Grain  (10% Moisture)
            E  112.00-125.00        UNCH
            W  112.00-126.00        UNCH

Modified Wet Distillers Grain (50-55% Moisture)
            E   45.00-60.00         UNCH
            W   43.00-60.00         UNCH

Wet Distillers Grain (65-70% Moisture)
        E & W   32.00-42.00         UNCH

Ethanol         W/E Nov 19     Change ($/gal)
        E & W    2.00-2.15     UP 0.08-UP 0.12

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, Des Moines, IA
        Phone: 515-284-4460   email: desm.lgmn@usda.gov
        24 Hour recorded market information 515-284-4830
        www.ams.usda.gov/LSMarketNews

8:30C         JFG

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