Iowa Ethanol Plant Report

NW_GR111
Des Moines, IA     Fri, Jan 21, 2011     USDA Dept of Ag Market News

Iowa Ethanol Plant Report

Corn is spot bid at selected Ethanol plants in Iowa as of 8:00 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 E  6.1000-6.2800  UP 12.75-DN 1.25   -44H to -26H    UNCH-DN 14
            W  6.1300-6.2900      UP 12.75       -41H to -25H       UNCH

                  Offers       Change ($/ton)
Dried Distillers Grain  (10% Moisture)
            E  175.00-188.00      UP 3-UP 8
            W  183.00-195.00      UP 3-UP 5

Modified Wet Distillers Grain (50-55% Moisture)
            E   80.00-90.00      UP 10-UP 2
            W   80.00-95.00       UNCH-UP 5

Wet Distillers Grain (65-70% Moisture)
        E & W   55.00-60.00       DN 5-UNCH

Ethanol         W/E Jan 21     Change ($/gal)
        E & W    2.16-2.34     DN 0.09-DN 0.01

**Weekly Wrap-Up:
Ethanol this week traded mostly $.05-.08 lower in all reporting areas. Market 
activity was slow, as buyers and sells take a wait to see approach to the
market, due to the fluctuations in the corn market.

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

E is east of Interstate 35. W is west of Interstate 35.


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

8:30C         Jp

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