Charles City

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Charles City

Valero Renewables-Charles City is located near Charles City, Iowa, approximately 35 miles east of Mason City and 170 miles south of Minneapolis. The bio-refinery sits on 225 acres and started ethanol production in April 2007. The facility uses a dry-grind production method and state-of-the-art technology to maintain industry-leading standards in production, safety and product quality. The plant is also designed to be among the most environmentally friendly facilities in the industry.

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Distillers Grains

Distillers Grains Analysis and Contact Information

Daily Corn Bids

Sep 02	Bids	Basis	Futures	Month
Sep 2010	3.82	-.65	4.47	December (Z)
Oct 2010	4.01	-.46	4.47	December (Z)
Nov 2010	4.03	-.44	4.47	December (Z)
Dec 2010	4.16	-.31	4.47	December (Z)
Jan 2011	4.19	-.42	4.61	March (H)
Feb 2011	4.24	-.37	4.61	March (H)
Mar 2011	4.28	-.33	4.61	March (H)
Apr 2011	4.30	-.37	4.67	May (K)
May 2011	4.31	-.36	4.67	May (K)
Jun 2011	4.33	-.40	4.73	July (N)
Jul 2011	4.36	-.37	4.73	July (N)
Aug 2011	4.27	-.34	4.61	September (U)
Sep 2011 (FH)	4.31	-.30	4.61	September (U)
Sep 2011 (LH)	4.05	-.56	4.61	September (U)
Oct 2011	4.07	-.45	4.52	December (Z)
Nov 2011	4.10	-.42	4.52	December (Z)
Dec 2011	4.13	-.39	4.52	December (Z)
Jan 2012	4.17	-.45	4.62	March (H)

All Bids are subject to change without notice!

- Defer Pay Contracts (MUST notify before delivery)

- Weekly Moisture Averaging (17.1 and above to stand alone, will not average) Moisture refunds will be not be reflected in the check, they will be added to the next weeks settlements.

Grain Delivery Hours:

Week of August 30th: Monday - Friday 7-3 ALLOCATION ONLY

Week of Sept 6th: Monday CLOSED Tuesday to Friday 7-3 ALLOCATION ONLY

Valero Renewables Charles City is now sending out market bids, and updates via text message. If you would like to sign up for this service please call (641) 715-3019 or email angela.nelson2@valero.com. To sign up we need your name, cell phone number and cell phone service provider (standard rates apply).

Real-Time (CBoT)

Corn Procurement Policy

Price
Prices are based on the Chicago Board of Trade (CBoT) corn futures minus local basis for a specified time frame.

Delivery
Valero offers a variety of contracts. Each contract will have a specified time of delivery, commonly a two-week window. Please contact the Charles City office for more information. Failure to deliver specified bushels in a stated time frame will be considered a breach of contract and penalties or cancellations may apply.

Payment
Payments are made once per week, every Wednesday. For example, corn delivered Monday through Sunday of week 1 will be paid on Wednesday of week 2.

Loads will be applied on oldest contracts.
Overfills will be on any bushels over contract amount.
Load contracts are available.

Discounts
Please see Discount Schedule. Additional discounts:

Corn containing two or more live weevils or 10 or more live grain insects per sample will be discounted five cents per bushel.
Corn containing rodent or bird contamination, stones, glass or other commercially undesirable foreign material will be rejected.
Official grades can be requested at time of unloading at the shipper's expense.

Discount Schedule

Plant Facts

Valero Renewables-Charles City: