SUBSCRIBER NOTE: Platts proposes to launch daily Chicago, New Orleans DDGS assessments

Platts proposes to launch two new daily price assessments for dried distillers grains with solubles (DDGS) in the US Midwest and Gulf Coast.

The new assessments would launch on October 1, 2015, and would reflect export quality DDGS with a minimum protein content of 25%, a minimum color of 50 (according to the Hunter L test), a minimum of 6% fat, and a moisture level in the range of 10% to 12%, standardized to 11.5%.

For Chicago, prices would reflect 22.6 mt (25 short tons) truck delivered to the Channahon, Illinois, rail head for next week delivery. For New Orleans, prices would reflect CIF deliveries of 1,360 mt (1,500 short tons) basis New Orleans for next month loading.

Platts invites feedback on both proposed new assessments and the specifications for both assessments through August 27, 2015. Please send all questions and feedback to americas_ags@platts.com. For written comments, please provide a clear indication if comments are not intended for publication by Platts for public viewing. Platts will consider all comments received and will make comments not marked as confidential available upon request.