SUBSCRIBER NOTE: Platts confirmed DDGS units as $/short tons

Platts would like to confirm that the price assessments for dried distillers grains with solubles (DDGS) are published in $/short tons not $/metric tons as reported from October 1, 2015.

Platts also confirms that the numerical values published from October 1 are correct but reflect $/short tons.

The CIF New Orleans barge and FOB Chicago truck assessments are published on the Platts Biofuels Alert page 501 under codes AADDG00 and ACDDG00, respectively.

The assessments are also published in the daily Platts Biofuelscan.

The assessments reflect export quality DDGS with a protein content with a minimum of 25%, a minimum color of 50 (according to the Hunter L test), fat minimum of 6%, and a moisture level in the range of 10% to 12%, standardized to 11.5%. For Chicago, prices reflect 25 short tons (22.6 mt) on a truck delivered to the Channahon, Illinois, rail head for next week delivery.

For New Orleans, prices reflect CIF deliveries of 1,500 short tons (1,360 mt) basis New Orleans on a barge that has loaded over any period in the front-month from date of publication.

Platts invites feedback on the assessments and the specifications for both assessments.

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.