Welcome 

Valero Renewables-Welcome is located near Welcome, Minn., about four miles west of Fairmont and 100 miles southwest of Minneapolis. The bio-refinery sits on approximately 300 acres and started ethanol production in June 2009. 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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Welcome, MN Plant
Daily Corn Bids
Sep 02 Bids Basis Futures Month
Oct 2010 4.08 -.40 4.48 December (Z)
Nov 2010 4.13 -.35 4.48 December (Z)
Dec 2010 4.16 -.32 4.48 December (Z)
Jan 2011 4.25 -.36 4.61 March (H)
Feb 2011 4.28 -.33 4.61 March (H)
Mar 2011 4.31 -.30 4.61 March (H)
Apr 2011 4.34 -.33 4.67 May (K)
May 2011 4.37 -.30 4.67 May (K)
Jun 2011 4.38 -.35 4.73 July (N)
Jul 2011 4.41 -.32 4.73 July (N)
Aug 2011 4.32 -.30 4.62 September (U)
Sep 2011 4.32 -.30 4.62 September (U)
Oct 2011 4.10 -.42 4.52 December (Z)
Nov 2011 4.12 -.40 4.52 December (Z)
Dec 2011 4.14 -.38 4.52 December (Z)
Jan 2012 4.18 -.44 4.62 March (H)
Feb 2012 4.21 -.41 4.62 March (H)

Valero will be CLOSED Saturday, September 4th-Monday, September 6th to honor Labor Day!  Valero will resume corn deliveries on Tuesday,  September 7th 7:30am-4:00pm or until we reach our truck limit! 

 Valero will be closed on Labor Day!

 

  Valero is buying corn for October, 2010 through January 2012. The August/September bids remain on website for over runs. Thanks!

 

Weekly Average Moisture Discount Monday-Saturday

 

ACH Payments

 

Futures Fixed Contract Fees-$.05/bu upon initiation of contract for October 2010 through September 2011.

 (.08/bu upon initiation of contract for October 2011-January 2012)  $.03/bu to roll the contract.  Allowed to roll contract 1 time within the crop year. 

 

Grain Delivery Hours:

 

Delivery Period:  August 30 through September 5

 

Monday, August 30:  7:30-4:00

Tuesday, August 31:  7:30-4:00

Wednesday, September 1:  7:30-4:00

Thursday, September 2:  7:30-2:00 (Scale House closing early)

Friday, September 3:  7:30-4:00

Saturday, September 4:  NO GRAIN DELIVERIES

Sunday, September 5:  NO GRAIN DELIVERIES

Monday, September 6:  NO GRAIN DELIVERIES-LABOR DAY!

 

Delivery Period:  September 6 through September 12

 

Monday, September 6:  LABOR DAY-NO GRAIN DELIVERIES

Tuesday, September 7:  7:30-4:00

Wednesday, September 8:  7:30-4:00

Thursday, September 9:  7:30-4:00

Friday, September 10:  7:30-4:00

Saturday, September 11:  7:30-4:00

Sunday, September 12:  NO GRAIN DELIVERIES

 

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 Welcome 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 Sunday of week 1 will be paid on Wednesday of week 2.  Thank you for your patience as we work through these processes.

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

Valero Renewables-Welcome:
  • Is one of the largest ethanol facilities in the U.S.
  • Has the capacity to produce 110 million gallons of ethanol per year
  • Can process nearly 40 million bushels of corn per year
  • Has the capacity to produce 350,000 tons of distillers grains annually
  • Is designed to run around the clock, every day
Work at this location.
Receive daily bids via e-mail.
Welcome, MN
Valero Renewables-Welcome
1444 120th St.
Welcome, Minnesota  56181
Send Email507-728-4000507-728-4050
To Sell Corn:
Kathy Carlson
Commodities Assistant
Send Email507-728-40191-866-977-2676507-728-4050
To Purchase Distillers Grains:
Allan Assmann
Manager of Distillers Marketing (Bulk Rail Sales)
Send Email402-727-5300
Josh McCarthick
Distillers Grain Sales (Local Truck Sales)
Send Email507-728-4018