03 Nov 2016 | 03:22 UTC — Houston

SUBSCRIBER NOTE: Platts proposes update to DDGS delivery methodology

Effective December 20, 2016, S&P Global Platts proposes to update the assessed delivery period for the CIF New Orleans Dried Distillers Grain barge assessment and FOB Chicago trucks delivered to the Channahon, Illinois, rail head.

Platts proposes to roll both barge and truck assessments from a current or prompt calendar month to next calendar month on the 21st day of the current month. If the 21st day of the current month should fall on a public holiday or weekend, the roll to next month will take place on the business day immediately preceding the 21st day of the month.

For example, on February 20, 2017, Platts would assess CIF NOLA barges and Chicago delivered truck values for delivery in February. As of February 21, Platts would assess DDGS for delivery in March.

The daily assessments impacted by this proposal are: CIF New Orleans barge, Platts code: AADDG00; FOB Chicago truck, Platts code: ACDDG00. Both daily assessed values appear in the Platts Biofuelscan, Weekly Global Ethanol Report and on the Platts Biofuels Alert real time system page 501.

The proposal will also impact the weekly and monthly averages: CIF New Orleans barge weekly average: AADDG04 FOB Chicago truck weekly average: ACDDG04 CIF New Orleans barge monthly average: AADDG03 FOB Chicago truck monthly average: ACDDG03

Platts welcomes all feedback and questions on the proposed assessment through to November 15, 2016. Please send all questions and feedback to america_ags@platts.com with CC to pricemethodology@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 to the public upon request.