Corn Oil & Bio-diesel

Corn Oil

In the fall of 2008, RPMG started offering corn oil marketing services to ethanol plants. We began marketing for one plant with annual production of 6 million lbs/yr. Today, we market for ten ethanol plants with annual production of 164 million pounds per year, and are continuously seeking out new customers and new uses for the corn oil our ethanol plants produce. The majority of the ethanol crude corn oil produced is used as an animal feed additive or as a feedstock for biodiesel production.

As with our other products, RPMG markets corn oil in a completely transparent manner allowing each plant to see all trade information including trade price, quantity, and buyer. We also manage corn oil logistics for our plants; therefore, along with knowing all trade information, each plant is also aware of transportation costs and spreads.

RPMG guarantees the following specifications for corn oil:

  • Moisture – 1% max
  • MIU – 3.0% max
  • FFA – 15% max

Biodiesel

On August 12, 2010, RPMG entered into its first marketing agreement with a biodiesel facility. Soy Energy, LLC located in Mason City, IA, is set to begin producing late in Q3 of 2011. We will manage all marketing and logistical aspects that are associated with the sale of the biodiesel and offer flat-price and index pricing to the market for biodiesel sales. Complete transparency will also be offered as it pertains to the marketing of the biodiesel product and logistics.