News
Corn delivered without a contract or "for sale" will be priced at our nearby daily closing price.

New Web Portal and FBN App Starting Dec 1!

Only the new mobile app and web portal will be available starting December 1. 
Access our new web portal at: 
https://poet.gradable.com/market/Portland--IN?commodity=1
Here you will find bids & hours & announcements.
If you would like to download the FBN/POET App to access tickets, contracts and settlement sheets, there is a link on the web portal for that as well. 
Scan the image below with your phone for a direct link.

Click here for a tutorial on navigating the new app.

Local Cash Bids
 
  by June 3 June July Aug Oct/Nov Dec Jan '23 Feb '23 Mar '23
POET - Portland CORN Futures Month @C2N @C2N @C2N @C2U @C2Z @C2Z @C3H @C3H @C3H
Futures Price 777'2s 777'2s 777'2s 744'6s 730'0s 730'0s 733'6s 733'6s 733'6s
Basis
Cash Price
Change
12'2
12'2
12'2
10'6
11'2
11'2
11'0
11'0
11'0
Price as of 05/27/22 01:46PM CDT.
Month Symbols
Click to view more Cash Bids


 

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.


 

 

----

We are hiring a Grain Merchandiser!  Details & application are here.


Free for corn delivered by May 31. Must be priced by 8/31/2021.

Below are POET's accumulator quotes. 
Fee is $0.05/bushel
All contracts accumulate at the Fix/DU price and Knock out at the KO price.
Originator Plus quotes include a "reset/remainder" price that prices out the balance of your bushels at the current market price on a KO event, thus giving you a floor price... a great option in these highly volitile markets!



Click here to see our truck line camera

Day Hours
 JUNE CONTRACTS MAY START  
Fri, May 27 7 - 4
Mon, May 30, Memorial Day Closed
Tues, May 31 7 - 4
Wed, June 1 7 - 4
Thurs, June 2 7 - 4
Fri, June 3 7 - 4
Sat/Sun  Closed

Hours subject to change with customer
demand & weather

 

New accounts: Call ahead to the scalehouse 260-729-8217 to provide names, addresses, phone numbers & email addresses & any ticket splits that will be needed. Scan cards will be issued at the scale window on your first visit. 

Moisture Discount Comparison Tool Link 
Use our handy spreadsheet to automatically calculate our net price advantage/disadvantage after accounting for differences in a competitor's moisture discounts and basis.




Interested in adding even more to your contract price? We offer Premium Plus contracts with a potential corn or soybean second obligation. These can add 10-30 cents to our corn cash prices...call for details!! 



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



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.

Corn checks are normally issued each Tuesday and Thursday. There may exceptions for holidays.
Deadline to request advances, changes to tickets or special payment instructions is 8:30 AM on these payment days so that we can have checks printed and ready for pick-up by 2:00 pm. Requests after 8:30 AM will process for the next settlement day.

 


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

Justin Wessel, Grain Buyer
Direct Line: (260) 729-8211
Cell (260) 729-7257
email: justin.wessel@poet.com


JOB OPEN, Grain Buyer

Amber Russell, Scale Master
Direct Line: (260) 729-8217
email: amber.russell@poet.com

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


Andrew Baker, Dry Feed Sales
Toll free: (888) 327-8799 x12273
Direct Line: (605) 965-6273
Cell: (765) 745-1285

email: andrew.baker@poet.com

Matt Bork, Wet Feed Sales
Toll free: (888) 327-8799 x16930
Direct Line: (605) 965-6930
Cell: (605) 553-1572
email: Matt.bork@poet.com


Local Conditions
Portland, IN
Chg Zip Code: 
Temp: 67oF Feels Like: 67oF
Humid: 79% Dew Pt: 61oF
Barom: 29.73 Wind Dir: WSW
Cond: N/A Wind Spd: 7 mph
Sunrise: 6:14 Sunset: 9:01
As reported at Phenix Farms, IN at 2:00 PM
 
Local Radar
Portland, IN
Radar
 
Local Forecast
Portland, IN

Friday

Saturday

Sunday

Monday

Tuesday
High: 68°F
Low: 59°F
Precip: 80%
High: 76°F
Low: 54°F
Precip: 0%
High: 83°F
Low: 58°F
Precip: 0%
High: 87°F
Low: 67°F
Precip: 0%
High: 90°F
Low: 69°F
Precip: 0%
View complete Local Weather

DTN/PF Renewable Fuels
Latest DTN/PF Renewable Fuels News
Tuesday, May 17, 2022 1:16PM CDT
Iowa Republican Gov. Kim Reynolds on Tuesday signed a bill into law that will expand E15 availability to 70% of stations by 2024.

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Weather

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Quotes
 
@C - CORN - CBOT
  High Low Last Chg
Jul 780'4 761'0 776'2 12'2
Sep 748'0 730'4 744'6 10'6
Dec 732'6 715'2 730'4 11'2
Mar 736'2 719'2 734'2 11'0
May 735'6 720'0 733'6 10'2
Jul 729'4 714'2 727'4 10'0
Sep 668'2 662'0 667'4 7'0
 
@S - SOYBEANS - CBOT
  High Low Last Chg
Jul 1744'2 1718'6 1732'4 5'6
Aug 1672'2 1652'2 1663'2 3'4
Sep 1593'4 1576'6 1583'0 0'0
 
@W - WHEAT - CBOT
  High Low Last Chg
Jul 1170'2 1133'4 1157'0 14'2
Sep 1178'6 1142'0 1166'0 14'2
Dec 1185'4 1149'2 1172'4 14'6

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