Fort Dodge

Home

news room

Valero > Our Business > Our Locations > Plants > Fort Dodge

Fort Dodge

Valero Renewables-Fort Dodge is located near Fort Dodge, Iowa, just less than 100 miles northwest of Des Moines. The bio-refinery sits on 270 acres and started ethanol production in October 2005. 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.

email this page

View other plants...

Distillers Grains

Distillers Grains Analysis and Contact Information

Daily Corn Bids

Sep 02	Bids	Basis	Futures	Month
Sep 2010	4.00	-.48	4.48	December (Z)
Oct 2010	4.03	-.45	4.48	December (Z)
Nov 2010	4.07	-.41	4.48	December (Z)
Dec 2010	4.13	-.35	4.48	December (Z)
Jan 2011	4.18	-.43	4.61	March (H)
Feb 2011	4.22	-.39	4.61	March (H)
Mar 2011	4.26	-.35	4.61	March (H)
Apr 2011	4.27	-.40	4.67	May (K)
May 2011	4.32	-.35	4.67	May (K)
Jun 2011	4.33	-.40	4.73	July (N)
Jul 2011	4.36	-.37	4.73	July (N)
Aug 2011	4.34	-.28	4.62	September (U)
Sep 2011	4.34	-.28	4.62	September (U)
Oct 2011	4.07	-.45	4.52	December (Z)
Nov 2011	4.10	-.42	4.52	December (Z)
Dec 2011	4.14	-.38	4.52	December (Z)
Jan 2012	4.19	-.43	4.62	March (H)

We Can Haul Your Corn - Trucks Are Available

Moisture discounts are 4 cents each 1/2 point above 15.5%, per pay period
Loads with moisture 17.0% and under will be all averaged, per pay period
Loads with moisture 17.1% and above will stand alone, per pay period
Weekly Moisture Averaging (17.1% & above to stand alone, will not average)
Moisture refunds will not be reflected in the check, they will be added to the next weeks settlements.
DEFER PAY CONTRACTS (MUST NOTIFY BEFORE DELIVERY)
Basis Contracts will not be priced until the week of delivery.

ALL BIDS ARE SUBJECT TO CHANGE WITHOUT NOTICE

VALERO OFFERS ACH PAYMENTS

Please call 877-694-2676 for details

CORN RECEIVING

FRIDAY - SEPTEMBER 3

7:00 AM - 10 AM

CLOSED

MONDAY - SEPT 6

LABOR DAY HOLIDAY

For questions on contracts and deliveries please contact:

Jeff Friesth - Grains Manager

515-955-5020 or 877-694-2676

Jeffrey.Friesth@valero.com

Cindy Martin - Grains Assistant

515-955-5019 or 877-694-2676

Cynthia.Martin@valero.com

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 our 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 - Effective July 1, 2009
Payments are made once per week, every Wednesday. For example, corn delivered Monday through Friday or (Sunday for seasonal deliveries) of week 1 will be paid on Wednesday of week 2.

Loads will be applied to 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 unload at the shipper's expense.

Discount Schedule

Plant Facts

Valero Renewables-Fort Dodge: