NW_GR114
Des Moines, IA     Mon, Nov 23, 2009     USDA Dept of Ag Market News

Minnesota Ethanol Plant Report

Corn is spot bid at selected Ethanol plants in Minnesota 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    3.3600-3.7100     DN 9-DN 4       -55z to -20z        DN 5-UNCH

                  Offers      Change ($/ton)
Dried Distillers Grain  (10% Moisture)
               110.00-120.00       UNCH

Modified Wet Distillers Grain (50-55% Moisture)
                42.00-67.00        UNCH

Wet Distillers Grain (65-70% Moisture)
                25.00-35.00        UNCH

Ethanol         W/E Nov 20    Change ($/gal)
                 2.01-2.12        UP 0.09

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

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

9:29 C        BCS

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