Illinois Ethanol Plant Report

SPRINGFIELD - Jun 22/12 - SNS -- Spot bids for corn at selected ethanol plants in Illinois and asking prices for Distiller Grains with Solubles (DGS) at those plants.

Eastern Cornbelt Ethanol Plant Report

Corn is spot bid at selected Ethanol plants in the Eastern Cornbelt as
of 9:00 A.M.  Distiller Grains with Solubles (DGS) and Industrial Corn
Oil is offers FOB Ethanol plants. Ethanol is the spot market, FOB the plant.
Prices quoted: corn dollars/bushel, DGS dollars/ton, ethanol dollars/gallon
corn oil cents/pound
                    Bids*         Change (¢/bu)         Basis           Change
Yellow Corn     6.2825-6.6325   DN 20.25-DN 13.25    65U to 100U      DN 17-DN 10
         Mostly 6.2825-6.4825                        65U to 85U
*Bids from basis of 9:00 AM CDT CBOT futures price

                    Offers        Change ($/ton)
Dried Distillers Grain  (10% Moisture)
                205.00-240.00       UNCH-UP 5
         Mostly 212.00-225.00

Modified Wet Distillers Grain (50-55% Moisture)
                 99.00-115.00          UNCH
         Mostly  99.00-110.00

Wet Distillers Grain (65-70% Moisture)
                 73.00-90.00           UNCH
          Mostly 73.00-78.00

Industrial Corn Oil
                 36.50-38.00           UNCH

Ethanol           W/E Jun 22      Change ($/gal)
ILLINOIS          2.00-2.03        UNCH-DN 0.02

Bio-Energy Report Notes:
Protein content 25-30% 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.
Industrial Grade corn oil is intended for animal feed or bio-fuel and is
not Generally Regarded As Safe (GRAS) for human consumption.

Yellow Corn = US #2

Source: USDA-IL Dept of Ag Market News Service, Springfield, IL

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