Iowa Ethanol Weekly

DES MOINES - Sep 8/08 - SNS -- Week ending summary of ethanol corn and co-products processing values from the USDA.

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 5, 2008  Aug 29, 2008 Sep 07, 2007
Ethanol
tank cars & trucks
Iowa plants                  $/gal      2.18         2.25         1.54

Ethanol yield per
bushel processed              gal       2.80         2.80         2.80

Value from bushel
of corn                        $        6.09         6.30         4.31

Distillers Dried
Grains, 10% moisture
Iowa plants                  $/ton     142.50       151.25        98.75

DDGS yield per
bushel processed              lbs       17.75        17.75        17.75

Value from bushel
of corn                        $        1.26         1.34         0.88

Value of ethanol and
DDGS from bushel
of corn                        $        7.35         7.64         5.19

No. 2 Yellow Corn
truck price
IA points                     $/bu      5.16         5.33         3.03

Difference between
corn price & value
of co-products                 $        2.19         2.31         2.16

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
NW_GR111. Terms of these prices are negotiated, spot market, and FOB
the plant.

Source: USDA Market News, Des Moines, IA

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