SOURCE: AgMotion

December 13, 2007 15:33 ET

AgMotion Purchases Third Party Marketing Business From US BioEnergy

MINNEAPOLIS, MN--(Marketwire - December 13, 2007) - AgMotion, Inc. today announced the purchase of UBE Services, LLC ("UBE") and United BioEnergy Ingredients, LLC ("UBE") from US BioEnergy Corporation (NASDAQ: USBE). AgMotion is a commodity trading and risk management company based in Minneapolis.

UBE provides marketing services for Distillers Grains Products, risk management and group procurement services to its partner plants.

"We look forward to working with UBE's partner plants to increase the value they receive for their Distillers Grain Products," said Rolf S. Peters, president and CEO of AgMotion. "AgMotion brings improved price discovery capabilities and streamlined marketing processes to add significant and demonstrable value to our partners, whether their Distillers Grain Products are moving into local markets, across the country or around the world. We are excited about UBE's growth potential."

Distillers grains, a co-product of ethanol production, are sold to livestock operators, feed mills, and export clients as a high-quality livestock feed. Demand for Distillers Grains Products has sky-rocketed in the past few years due to its nutritional benefits for many types of livestock and high prices for feed grains.

About US BioEnergy Corporation

US BioEnergy Corporation is a producer and marketer of ethanol and distillers grains. The company currently owns and operates four ethanol plants and has four additional ethanol plants under construction. Upon completion of these initiatives, US BioEnergy will own and operate eight plants with combined expected ethanol production capacity of 750 million gallons per year.

About AgMotion, Inc.

AgMotion is an integrated holding company serving the ingredient and risk management needs of agri-business. AgMotion's US Commodities operating subsidiary merchandises Distillers Grains to domestic, Latin American, Asian and European end-users. AgMotion's Northstar Commodity group provides risk management and hedging services to growers, ethanol plants and processors. AgMotion has offices in Minneapolis, MN, Kansas City, KS, Fresno, CA, West Bend, WI, Wichita, KS, and Irapuato, Mexico.

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