Exhibit 10.15 

                     EXCLUSIVE GRAIN SUPPLY AGREEMENT

AGREEMENT made this 1st day of January, 1997, by and between 
Mike Rowan, an individual resident of 1620 Magnolia, Liberty, 
Missouri, 64068 "Rowan" and High Plains Corporation, a Kansas corporation 
with its principal offices at 200 W. Douglas, Suite 820, Wichita, 
Kansas 67202, "High Plains".

  WHEREAS, High Plains is a purchaser of grain for use at its 
Colwich, Kansas and York, Nebraska plants, and Rowan has expertise 
in the grain and feed business; and

  WHEREAS, both Rowan and High Plains desire to enter into an 
exclusive supply agreement for the procurement of grain by Rowan 
for High Plains for use at High Plains' Colwich, Kansas and York, 
Nebraska, plants.

  NOW, THEREFORE, in consideration of the mutual agreements and 
other good and valuable consideration hereinafter set forth, the 
parties agree as follows:

   1.  SALE OF PRODUCTS.  This Agreement applies to all grain 
purchased by High Plains for use at its Colwich, Kansas and York, 
Nebraska, plants (the "Grain").  High Plains agrees to buy all of 
its requirements of Grain through Rowan, who will contract for 
High Plains as an independent contractor, during the term of this 
Agreement.  Rowan agrees to sell or acquire for the benefit of 
High Plains, subject to availability, such Grain to High Plains 
for the term of this Agreement.  Rowan and High Plains agree that 
such purchases will be at terms, conditions and price as agreed 
upon. Title and risk of loss for grain shall pass to High Plains 
upon unloading of the grain at High Plains plant. Rowan shall 
provide grain in quantities as necessary to permit High Plains to 
maintain its usual production schedule.

   2.  FORECAST INFORMATION.  Rowan agrees to provide High Plains 
with regular feedgrain analyses and other forecast information 
available from third-parties to assist High Plains in its purchase 
decisions.  However, regardless of any price or purchase 
recommendations or forecasts provided by Rowan, High Plains 
remains solely responsible for its purchasing decisions and any 
gains or losses resulting from those decision.  Rowan PROVIDES NO 
WARRANTY AS TO ANY PRICING PROJECTIONS, FORECASTS OR PURCHASE 
RECOMMENDATIONS.  Rowan further agrees to provide the following 
additional services to High Plains during the term of this 
agreement at his own cost and expense:  a) continually monitor, 
arrange and adjust scheduling of grain shipments to meet High 
Plains needs; b) responsibility for truck and rail transportation 
needs, including price management techniques such as back-hauls 
and arbitrage arrangements; c) sourcing of alliances with third 
parties for storage and execution backstops as needed; d) 
accounting and auditing for transportation, grain taxes, cash flow 
management, etc.; e) assist High Plains in lobbying efforts in


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grain and feed areas; f) assist in implementation and monitoring 
of appropriate risk management procedures relating to High Plains 
grain needs; and g) communicate and cooperate with designated High 
Plains personnel in determining grain needs, sourcing, scheduling 
and pricing grain, and coordinating the other services Rowan 
agrees to perform for High Plains pursuant to this agreement.

   3.  PRICE.  Rowan agrees to supply grain to High Plains at a 
fixed price, F.O.B. Colwich, Kansas or York, Nebraska.  Rowan will 
absorb the costs of all freight, transportation, inventory carry 
charges, and all state or other grain taxes prior to delivery of 
grain. Rowan will use his best efforts to obtain the lowest 
possible total grain cost for High Plains under prevailing market 
conditions.  High Plains shall pay Rowan the amount actually paid 
by Rowan to his supplier for the grain, plus actual freight 
incurred (crediting reductions for backhaul or arbitrage 
arrangements), plus grain taxes paid , plus a fee in the amount of 
$.0175 per bushel. The parties may also agree to enter into 
certain hedging, or other futures agreements from time to time, in 
which event all costs of such hedging, including margin calls and 
commissions, will be the responsibility of High Plains.  Rowan 
agrees to back up all contracts for delivery of grain to High 
Plains with either futures or trades on the Chicago Board of 
Trade, or with individual supply contracts from farmers, local 
elevators, or other legitimate sources, and shall provide evidence 
of this backup to High Plains upon request.  All such futures or 
contracts shall be executed on behalf of, and transacted in the 
name of High Plains by Rowan, upon approval of High Plains.  Rowan 
shall keep complete and accurate records of all transactions made 
for the benefit of High Plains, and High Plains shall have the 
right to audit and copy all records in any way relating to grain 
or futures contracts purchased, or to expenses incurred in 
connection with said transactions, upon reasonable notice to 
Rowan, and at the sole expense of High Plains.  The parties agree 
that after the first 90 days of the term of this agreement has 
passed, they will cooperate in attempting to establish a mutually 
agreeable method for measuring Rowan's effectiveness as a grain 
purchasing agent, with the idea that if Rowan's performance under 
this contract can be effectively measured, and his efforts have 
resulted in significant savings to High Plains, then Rowan's fee 
arrangement may be restructured to include a performance bonus 
provision agreeable to both parties.

   4.  PAYMENT.  Payment for purchases under this Agreement are 
due daily, and shall be made by drafting an account of High 
Plains' choice on the first business day following delivery to 
High Plains.  The weight of Raw Grains delivered by Rowan to High 
Plains shall be established by weight certificates.  High Plains 
shall obtain truck weights on the scales at the High Plains 
Plants, which shall be maintained by High Plains as required by 
applicable laws, rules and regulations, and rail weights will be 
obtained on any certified railroad scales.  Whenever High Plains


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truck scales are unavailable or inoperable, any certified scales 
may be used, at High Plains expense, until High Plains scales are 
restored.  The inbound weight certificates shall be determinative 
of the quantity of Raw Grains for which High Plains is obligated 
to pay pursuant to Section 3 hereof.

   5.  TERM.  This Agreement shall commence on January 31, 1997 
and continue for one year.  After the first year, the Agreement 
shall automatically renew for one-year terms.  However, either 
party may terminate this Agreement at any time upon giving the 
other party thirty (30) days notice of termination in writing.  
This Agreement may be terminated immediately by either party if 
(i) the other party's financial responsibility becomes impaired, 
(ii) the other party makes an assignment or arrangement for 
benefit of creditors or (iii) files a petition in bankruptcy or 
has such petition filed against it.

  Upon expiration, termination, or cancellation of this Agreement, 
neither party shall have any rights or obligations or liability to 
the other party with respect to this Agreement except for (a) the 
obligation to make full payment of any outstanding monetary 
obligations owed to the other party which monetary obligation was 
incurred prior to the date of such expiration, termination or 
cancellation, and (b) obligations under any Grain or futures 
contract which existed prior to such expiration, termination or 
cancellation of this Agreement.

   6.  EMPLOYEES.  The parties agree that Rowan is not an employee 
of High Plains, and that his relationship is that of an 
Independent contractor only.  Each party shall be solely 
responsible for the acts and inactions of its own employees acting 
within the course and scope of their employment by such party and 
each party shall be solely responsible for the salary, wages and 
payroll taxes for its employees and shall maintain Workers' 
Compensation Insurance on its employees as required by applicable 
state law.  The parties shall have no joint employees as a result 
of this Agreement and neither party shall incur any responsibility 
or liability whatsoever with respect to, or for the acts or 
inactions of, the employees of the other party as a result of this 
Agreement.

   7.  INDEMNIFICATION.  Rowan shall indemnify and hold High 
Plains, and its affiliates, subsidiaries, parents, directors, 
officers, employees and agents harmless from and against any and 
all claims, losses, awards, judgements, settlements, fines, 
penalties, liabilities, damages, costs or expenses (including 
attorneys' fees) alleged or incurred on account of any injury or 
death of persons or damages to property or any other claim to the 
extent caused by or arising out of the negligent acts or omissions 
of Rowan, its officers, agents or employees, or any breach by 
Rowan, its officers, agents or employees, of any of the terms of 
this Agreement, or any representations by Rowan which are not 


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authorized pursuant to the Agreement or pursuant to specific
instructions given to Rowan by High Plains.
  
  High Plains shall indemnify and hold Rowan, and its affiliates, 
subsidiaries, parents, directors, officers, employees and agents 
harmless from and against any and all claims, losses, awards, 
judgements, settlements, fines, penalties, liabilities, damages, 
costs or expenses (including attorneys' fees) alleged or incurred 
on account of any injury or death of persons or damages to 
property or any other claim to the extent caused by or arising out 
of the negligent acts or omissions of High Plains, its officers, 
agents or employees, or any breach by High Plains, its officers 
agents, or employees, of any of the terms of this Agreement, or 
any representations by High Plains which are not authorized 
pursuant to this Agreement or pursuant to specific instructions 
given to High Plains by Rowan.

   8.  FORCE MAJEURE.  Neither party shall be liable for failure 
to perform or for delay in performing this Agreement, other than 
for an existing debt, where such failure or delay is occasioned by 
(a) fire, explosion, breakdown of plant, failure of machinery, 
strike, lock-out, labor dispute, casualty or accident, or lack or 
failure in whole or in part of transportation facilities, (b) 
storm, flood or drought, (c) lack or failure in whole or in part 
of the sources of supply (other than Grain), labor, or power or 
other utilities, (d) acts of God or the public enemy, war, riots, 
police action, or civil commotion, (e) any law, regulation, 
ordinance, demand, judgment, injunction, arbitral award, or other 
requirement or regulation of any government or government agency 
or instrumentality or (f) any other act whatsoever, whether 
similar or dissimilar to those above-enumerated, beyond the 
reasonable control of the party suffering such event of force 
majeure.  The party asserting that an event of force majeure has 
occurred shall send the other party notice thereof by cable, 
telecopy or telex no later than three (3) days after the beginning 
of such claimed event setting forth a description of the event of 
force majeure, an estimate of its effect upon the party's ability 
to perform its obligations under this Agreement and the duration 
thereof.  The notice shall be supplemented by such other 
information or documentation as the party receiving the notice may 
reasonably request.  As soon as possible after the cessation of 
any event of force majeure, the party which asserted such event 
shall give the other party written notice os such cessation.  
Whenever possible, each party shall give the other party notice of 
any threatened or impending event of force majeure.

   9.  ALTERNATE DISPUTE RESOLUTION.  This contract is subject to 
the National Grain and Feed Association Grain Trade Rules and 
Arbitration Rules.  Any controversy arising out of, or relating 
to, the Agreement between the parties or any modification or 
extension thereof, including any claim for damages or rescission, 
or both, shall be settled by arbitration in accordance with those



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rules unless the parties should agree otherwise in writing.  The 
parties further agree that arbitration proceedings must be 
instituted within one year after the occurrence of the claimed 
breach, and that the failure to institute arbitration proceedings 
within such time period shall constitute an absolute bar to the 
institution of any proceedings and a waiver of all claims.  All 
fees for such arbitration will be divided equally between the 
parties except that each party shall pay its own attorney's fees 
and the costs associated with producing documents and other 
information.

  10.  NOTICES.  All notices, consents and other communications 
under this Agreement shall be in writing and shall be deemed to 
have been duly given when delivered in person or deposited in the 
United States mail (registered or certified), postage prepaid or 
deposited with a reputable overnight delivery service, with 
delivery charges prepaid, in each case addressed or transmitted to 
the appropriate address as follows (or as otherwise designated by 
a party as to itself by notice to the other party given in 
accordance with this section):

  If to Rowan:              Mr. Mike Rowan
                            1620 Magnolia
                            Liberty, Missouri  64068  


  If to High Plains:        High Plains Corporation
                            200 W. Douglas
                            Suite 820
                            Wichita, Kansas  67202
                      Attn: Raymond G. Friend


  11.  INSURANCE.  During the term of this Agreement, Rowan shall, 
at his sole cost and expense, maintain in force Statutory Worker's 
Compensation and Employer's Liability Insurance in compliance with 
the laws of the states where the work is being performed; 
comprehensive General Liability Insurance, which shall include 
property damage and personal liability insurance under which Rowan 
and High Plains shall be named as coinsureds; and coverage for 
contractual liability under this agreement.  Such insurance policy 
or policies shall be maintained in a minimum amount of One Million 
Dollars per occurrence, and Rowan shall deliver to High Plains a 
copy of each insurance policy, showing High Plains as a named 
insured thereon.  The insurance requirements set forth herein are 
minimum coverage requirements and are not to be construed in any 
was as a limitation on liability under this agreement.

  12.  WARRANTIES.  

  Rowan understands that High Plains intends to utilize the Raw 
Grains purchased from Rowan as primary base stock for ethanol



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production and for production of a dried distillers grain cattle 
feed, and that said Raw Grains are subject to minimum quality 
standards for such use.  Rowan agrees and warrants that all grain 
contracts and deliveries negotiated by Rowan for High Plains shall 
contain provisions requiring, and Rowan shall use his best efforts 
to insure that:


  a.  Raw Grains delivered to High Plains shall not be adulterated 
or misbranded within the meaning of the Federal Food, Drug and 
Cosmetic Act and that said Raw Grains may lawfully be introduced 
into interstate commerce pursuant to the provisions of the Act.  
Raw Grains shall fully comply with any applicable state laws 
governing quality, naming and labeling of Raw Grains.

  b.  Raw Grains delivered to High Plains shall be free and clear 
of liens and encumbrances.

  c.  Rowan agrees and warrants that Raw Grains delivered to the 
Plants shall be acceptable in the feed trade under current 
industry standards and shall be of merchantable quality.

  c.  Raw Grains that are deemed to be of non-merchantable quality 
shall not be delivered to either plant unless both parties agree 
in writing in advance of delivery that the quality of the grain 
will not effect the quality of the cattle feed or other by-
products of High Plains' plants.

  13.  ASSIGNMENT.  This Agreement shall not be assigned by either 
party without the written consent of the other party, and any 
attempted assignment without such consent shall be ineffective.

  14.  ENTIRE AGREEMENT.  This Agreement contains the entire 
agreement between the parties and supersedes all previous 
agreements either oral or written, between the parties hereto, and 
no modifications hereof shall be valid unless made in writing and 
signed by the parties hereto.

  IN WITNESS WHEREOF, the parties hereto have set their hands and 
seals the day and year above written.

  THIS CONTRACT CONTAINS A BINDING ARBITRATION PROVISION WHICH MAY 
BE ENFORCED BY THE PARTIES.


HIGH PLAINS CORPORATION                       Mike Rowan

By:s/Raymond G. Friend                        s/ Michael L. Rowan      
Title:  Executive Vice President


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                          ADDENDUM TO EXCLUSIVE
                          GRAIN SUPPLY AGREEMENT

  This Addendum to Exclusive Grain Supply Agreement is made this 
7th day of January, 1997, by and between Mike Rowan, an individual 
resident of 1620 Magnolia, Liberty, Missouri, 64068 "Rowan"; High 
Plains Corporation, a Kansas corporation with its principal 
offices at 200 W. Douglas, Suite 820, Wichita, Kansas 67202, "High 
Plains"; and Centennial Trading, LLC, a Limited Liability Company 
with its principal offices at Kansas City Board of Trade, 4800 
Main Street, Suite 502, Kansas City, MO 64112, "Centennial".

  WHEREAS, High Plains and Rowan entered into an Exclusive Grain 
Supply Agreement (the "Agreement") dated and effective January 1, 
1997; and,

  WHEREAS, all parties hereto wish to amend said Agreement so that 
Centennial assumes all of the rights and responsibilities of Rowan 
thereunder.

  NOW, THEREFORE, in consideration of the mutual agreements of the 
parties and other good and valuable consideration hereinafter set 
forth, the parties agree as follows:

   1.  Rowan hereby assigns, and Centennial accepts and assumes, 
all of the rights and responsibilities of Rowan under the 
Agreement referenced above, effective immediately.  Rowan shall 
continue to be personally responsible for the performance by 
Centennial of its obligations under the agreement.

  2.  By its signature below, High Plains consents to the above 
assignment to Centennial on the terms set forth herein.

  IN WITNESS WHEREOF, the parties hereto have set their hands and 
seals effective as of the day and year above written.

HIGH PLAINS CORPORATION                        Mike Rowan

By:s/ Christopher G. Standlee                  s/ Michael L. Rowan
Title:  Vice President


CENTENNIAL TRADING, LLC


By:s/ Michael L. Rowan      
   Michael L. Rowan, Member

By:s/ Bryce Wells           
   Bryce Wells, Member