NW_GR114
Minneapolis, MN    Thu Feb 09, 2012    USDA 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      6.1250- 6.3250   up 0.25          -30H to-10H   unch


                 Offers           Change ($/ton)
Dried Distillers Grain  (10% Moisture)
                 185.00- 190.00   unch


Modified Wet Distillers Grain (50-55% Moisture)
              No Quote

Wet Distillers Grain (65-70% Moisture)
                  65.00           unch

Ethanol          W/E Feb 03       Change ($/gal)
                   2.03- 2.11     unch
        Mostly     2.03- 2.08

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 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 Service, Minneapolis, MN
        Carol Meinders 612-370-3258 Minneapolis.LGMN@ams.usda.gov
        24 hour price information 612-370-3260
        www.ams.usda.gov/mnreports/nw_gr114.txt
        www.ams.usda.gov/lsmarketnews


8:37    c  cam