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Veteran Advisor
Palouser
Posts: 2,288
Registered: ‎05-13-2010
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Poet bidding for SRW for ethanol

Out of Portland in Indiana near the Ohio border. Some of you may know. I didn't know anyone was using SRW for ethanol though I knew it was feasible.

Veteran Advisor
roarintiger1
Posts: 1,602
Registered: ‎04-29-2011
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Re: Poet bidding for SRW for ethanol

 Haven't seen it yet, but I was told their bids are for wheat in July and August.    Not sure what % they're gonna blend with the corn and not sure what that's gonna do to their DDGs.

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Veteran Advisor
Palouser
Posts: 2,288
Registered: ‎05-13-2010
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Re: Poet bidding for SRW for ethanol

I would guess it would raise protein in DDG's if the wheat is in good shape. If the plant doesn't extract oil the oil as a percentage would probably drop some. I don't remember the protein combination w/ corn. Might be complimentary but some of you would probably know those facts.

Veteran Advisor
Palouser
Posts: 2,288
Registered: ‎05-13-2010
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Re: Poet bidding for SRW for ethanol

Probably would lower aflotoxin. Supposedly up to 20% wheat doesn't materially affect the process.

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425Cat
Posts: 1,688
Registered: ‎05-14-2010
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Re: Poet bidding for SRW for ethanol

So when will the wheat market wake up . Wheat feeding and now wheat for ethanol however the market doesn't seem to care , new lows.

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Palouser
Posts: 2,288
Registered: ‎05-13-2010
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Re: Poet bidding for SRW for ethanol

Therein lies my question. The CBOT vs + basis for physical. Actually, it's not a question, it's a point worth considering.