NW_GR212
Saint Joseph, MO     Fri, Sep 23, 2016     USDA-MO Dept of Ag Market News

Iowa Ethanol Corn and Co-Products Processing Values

Corn prices compared with value of processing products for Iowa ethanol plants

                                       This week      Last week      Last year
                            Unit     Sep 23, 2016   Sep 16, 2016   Sep 25, 2015
Ethanol
tank cars & trucks
Iowa plants                 $/gal            1.49           1.54           1.46

Ethanol yield per
bushel processed            gal              2.80           2.80           2.80

Value from bushel
of corn                     $                4.17           4.31           4.09

Distillers Dried
Grains, 10% moisture
Iowa plants                 $/ton          110.20         110.00         124.50

DDGS yield per
bushel processed            lbs             17.75          17.75          17.75

Value from bushel
of corn                     $                0.98           0.98           1.10

Value of ethanol and
DDGS from bushel
of corn                     $                5.15           5.29           5.19

No. 2 Yellow Corn
truck price
IA points                   $/bu             3.10           3.06           3.61

Difference between
corn price & value
of co-products              $               2.05           2.23            1.58

Bio-Energy Report Notes:
This table is presented for statistical comparison and is not intended to
indicate operating margins. All prices are a simple average derived from
SJ_GR113. Terms of these prices are negotiated, spot market, and FOB
the plant.

Source: USDA-MO Dept of Ag Market News Service, Saint Joseph, MO
        Dillan Howe/Eric Lyssy  816-676-7000  StJoe.LGMN@ams.usda.gov
        24 Hour recorded market information 515-284-4830
        www.ams.usda.gov/mnreports/NW_GR212.txt
        www.ams.usda.gov/LPSMarketNewsPage

1025C             drh/eml