NW_GR114
Saint Joseph, MO    Thu, May 23, 2013    USDA-MO 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       6.5850-7.0350         UP 18.5     OptN to 45N          UNCH
           Mostly 6.8850-7.0350                      30N to 45N

                     Offers         Change ($/ton)
Dried Distillers Grain  (10% Moisture)
                  210.00-215.00          UNCH

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

Wet Distillers Grain (65-70% Moisture)
                   75.00-80.00           UNCH

Ethanol            W/E May 17       Change ($/gal)
                    2.50-2.60           DN 0.02

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-MO Dept of Ag Market News Service, Saint Joseph, MO
        Kinley Hartman  816-676-7000  StJoe.LGMN@ams.usda.gov
        24 hour price information 612-370-3260
        www.ams.usda.gov/mnreports/nw_gr114.txt
        www.ams.usda.gov/LPSMarketNewsPage

745C    kkh