Corn that has been delivered on Price Later Contracts: The bid is currently -.32 vs the September 2020 Futures.
COVID-19 UPDATE: Due to the economic fallout of the ongoing COVID-19 pandemic, we are forced to make some operational changes. Over the next month, POET biorefineries in Chancellor, South Dakota and Ashton and Coon Rapids, Iowa will temporarily idle production. In addition, the biorefinery in Shelbyville, Indiana will be delaying the startup of production.
POET has faced difficult times in the past and we have proven our resiliency. We value the partnership and relationship we have with all of our producers and look forward to getting back to normal operations. In the meantime, please reach out to your POET Grain representative if you have questions.