Iowa Ethanol Plant Report

NW_GR111
Des Moines, IA     Fri, Jan 07, 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  5.6000-5.8800  DN 18.25-DN 17.25  -42H to -14H     DN 1-UNCH
            W  5.6400-5.7900  DN 17.25-DN 19.25  -38H to -23H     UNCH-DN 2

                  Offers       Change ($/ton)
Dried Distillers Grain  (10% Moisture)
            E  165.00-176.00      DN 2-UNCH
            W  168.00-187.00        DN 2
          Mostly 175.00-180.00

Modified Wet Distillers Grain (50-55% Moisture)
            E   70.00-80.00       DN 5-UNCH
            W   75.00-85.00         UNCH
           Mostly 75.00-80.00

Wet Distillers Grain (65-70% Moisture)
        E & W   50.00-58.00       DN 5-UP 3

Ethanol         W/E Jan 07     Change ($/gal)
        E & W    2.20-2.36      UNCH-UP 0.01
             Mostly 2.23-2.31


**Weekly Wrap Up:

Ethanol this week traded mostly $.01-$.03 lower in all reporting areas 
with the exception of ethanol in Kansas, which saw prices as much as 
$.08 lower. Prices and interest were reportedly stronger in the early part 
of the week. Interest and demand tapered off the latter half of the week 
reportedly correlating with the crude oil and 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

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