NW_GR111
Des Moines, IA     Thu, Feb 09, 2012     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 6.1800-6.3700  DN 3-DN 8          -25H to -6H   DN 4-DN 9
     E Mostly 6.2000-6.3300
            W 6.2400-6.4200  UP 1-DN 5          -19H to -1H   UNCH-DN 6
     W Mostly 6.3000-6.4000

              Offers         Change ($/ton)
Dried Distillers Grain  (10% Moisture)
            E 185.00-195.00  UNCH
            W 180.00-214.00  UNCH
       Mostly 180.00-195.00

Modified Wet Distillers Grain (50-55% Moisture)
            E 90.00-98.00    UNCH
            W 90.00-102.00   UNCH
       Mostly 90.00-98.00

Wet Distillers Grain (65-70% Moisture)
        E & W 64.00-92.00    UNCH

Ethanol       W/E Feb 03     Change ($/gal)
        E & W 2.04-2.15      DN 0.04-UP 0.02
       Mostly 2.04-2.09

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
        Erika Sorenson  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


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