Local Cash Bids
 
  July Aug Sep Oct Nov Dec '17 Jan '18 Feb '18 Mar '18
POET - Portland CORN Futures Month @C7U @C7U @C7U @C7Z @C7Z @C7Z @C8H @C8H @C8H
Futures Price 374'6 374'6 374'6 388'0 388'0 388'0 399'2 399'2 399'2
Basis
Cash Price
Change
-2'4
-2'4
-2'4
-2'6
-2'6
-2'6
-2'6
-2'6
-2'6
Price as of 07/25/17 05:32AM CDT.
Month Symbols
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POET BIOREFINING - PORTLAND
Toll Free Number: (866)-718-2676 This is also our nightly bid recording line.

Direct Deposit Available. Complete and return this form to the Portland office.

 

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New Vomotoxin Discounts starting 3/30/2017 click for discount schedule. No discount to 5 PPM.

Reminder: County ordinance doesn't allow trucks to use 200 S to access the plant unless you live on that road. Please use state routes. Sheriff may start enforcing this soon.
DP:  4 cents/month pro-rated daily.
DP corn must be priced at the nearby bid. It cannot be applied to a forward sale contract and cannot be forward sold.

We are testing and discounting all loads post-dump for DON (you can always wait if you choose to, let the scale operator know)

If you have a truck test 7 PPM or higher you will be asked to wait for our DON test results before dumping additional corn at our facility.
  • If the test result is 7 PPM or less you will be allowed to dump that load if you would like to.
    • Two consecutive tests below 7 will remove you from the wait list.
  • Loads >7 PPM will be rejected
    • If you would like a retest, you can return to the line to get your truck resampled.
    • One resample/retest will be allowed per truck

Testing typically takes 40-60 minutes.
We will test loads that are 6-7 PPM twice to verify results & give you the lower discount of the two tests.
We are retaining samples 5 PPM or higher for all corn dumped for 1 week. Let us know if you need them.

We reserve the right to make any truck wait for a DON test at mgmt. discretion.

July  Corn Receiving Hours
NO VOM RETESTS ALLOWED AFTER DAILY CLOSING TIME LISTED.

Mon Tue Wed Thur Fri
17
7:30-4:00
18
7:30-4:00
19
7:30-4:00
20
7:30-4:00
21
7:30-3:00
24
7:30-4:00
25
9:00-4:00
26
7:30-4:00
27
7:30-4:00
28
7:30-3:00


Normally we will take corn up to 20% moisture.

Corn oil Loadout: 7:30 -3:00
DDGS Loadout: 7:30 - 4:00
Wetcake Loadout: 24/7 

Premium Plus Contracts: If you're willing to place a FIRM sell offer for new crop corn 40-60 cents above current futures prices, we can add often 9-12 cents on top of any of our bids. Talk to a buyer to learn the details.

Want to earn up to 7 cents more per bushel on your corn this year?  Check out the MYCOGEN loyatly program: www.mycogenprimethepump.com


Location Information
Contacts:
Portland Toll Free: (866) 718-2676

Audrey Muhlenkamp, Commodity Mgr
Direct Line: (260) 729-8214 
Cell (260) 251-0021
email: audrey.muhlenkamp@poet.com


Todd Thornburg, Grain Buyer
Direct Line: (260) 729-8216
Cell (260) 251-0078
email: todd.thornburg@poet.com

Cody Schuman, Grain Buyer
Direct Line: (260) 729-8211
Cell (260) 729-7257
email: cody.schuman@poet.com

Jared Blasdel, Materials Manager
Direct Line: (260) 729-8215
Cell: (260) 251-2690
email: jared.blasdel@poet.com

Jackie Abels, Scale Operator
Direct Line: (260) 729-8217
email: jackie.abels@poet.com

Dee LeMaster, Grains Accountant
Direct Line: (260) 729-8212
email: dee.lemaster@poet.com

Cory Rehmsmeyer, Dry Feed Sales Manager
Toll free: (888) 327-8799 , x12214
Direct Line: (605) 965-6214
Cell (605) 553-4173
email: cory.rehmsmeyer@poet.com

Marie Moran, Wet Feed Merchandiser
Toll free: (888) 327-8799 , x12238
Direct Line: (605) 965-6238
Cell: 605-988-4047
email:marie.moran@poet.com

Local Conditions
Portland, IN
Chg Zip Code: 
Temp: 57oF Feels Like: 57oF
Humid: 90% Dew Pt: 54oF
Barom: 30.14 Wind Dir: N
Cond: N/A Wind Spd: 0 mph
Sunrise: 6:33 Sunset: 9:02
As reported at MUNCIE, IN at 6:00 AM
 
Local Radar
Portland, IN
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Portland, IN

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DTN/PF Renewable Fuels
Latest DTN/PF Renewable Fuels News
Wednesday, April 6, 2016 9:55AM CDT
News pertaining to the ethanol industry.

Wednesday, September 28, 2016 3:18PM CDT

Thursday, June 29, 2017 10:56AM CDT



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@C - CORN - CBOT
  High Low Last Chg
Sep 383'6 374'0 374'6 -2'4
Dec 397'4 387'4 388'0 -2'6
Mar 408'4 398'6 399'2 -2'6
May 413'2 403'4 404'0 -3'0
Jul 417'6 408'4 408'6 -3'2
Sep 415'0 411'0 411'0 -2'0
Dec 422'4 416'6 416'6 -1'0
 
@S - SOYBEANS - CBOT
  High Low Last Chg
Aug 1022'6 1006'2 1007'4 10'0
Sep 1027'6 1011'2 1012'6 10'2
Nov 1035'4 1019'0 1020'2 10'2
 
@W - WHEAT - CBOT
  High Low Last Chg
Sep 495'2 486'2 486'6 -2'0
Dec 519'6 511'4 511'4 -2'0
Mar 542'2 534'0 534'6 -1'4

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