NW_GR112 Des Moines, IA Fri, May 16, 2008 USDA Dept of Ag Market News Nebraska Ethanol Plant Report Corn is spot bid at selected Ethanol plants in Nebraska as of 9:00 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 5.5500-5.8400 UP 2.75 -44N to -15N UNCH mostly 5.6400-5.7400 -35N to -25N Offers Change ($/ton) Dried Distillers Grain (10% Moisture) 170.00-185.00 UNCH mostly 180.00-185.00 Modified Wet Distillers Grain (50-55% Moisture) 82.00-95.25 UNCH mostly 85.00-91.00 Wet Distillers Grain (65-70% Moisture) 55.00-80.00 UNCH mostly 64.00-70.00 Ethanol W/E May 16 Change ($/gal) 2.45-2.52 UNCH-DN 0.04 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 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 9:00 C MDS .