NW_GR111
Des Moines, IA     Thu, Jul 09, 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  2.9025-3.2625       DN 0.25        -35U to 1U        UNCH
       Mostly  2.9525-3.2625                      -30U to 1U

            W  2.8225-3.0725       DN 0.25       -43U to -18U       UNCH
       Mostly  2.9425-3.0725                     -31U to -18U

                  Offers       Change ($/ton)
Dried Distillers Grain  (10% Moisture)
            E  85.00-105.00      DN 10-UNCH
            W  85.00-108.00      DN 10-UNCH

Modified Wet Distillers Grain (50-55% Moisture)
            E   45.00-55.00         UNCH
            W   45.00-55.00         UNCH

Wet Distillers Grain (65-70% Moisture)
        E & W   35.00-36.00         UNCH

Ethanol         W/E Jul 02     Change ($/gal)
        E & W    1.60-1.73     UP 0.02-UP 0.01

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

.