As the proverbial gates swung open this week at the Patriot Renewable Fuels ethanol plant at Annawan, it's not without a little pride that Prophetstown-farmer Rock Katschnig announced, "I dumped the first load of corn there yesterday!"
Katschnig says that the plant has begun taking delivery on corn, and will slowly fill the silos, ramping up to a beginning grind date of August 21.
Patriot, which started as a seed idea by the Henry County Economic Development Board, will be one of the largest facilities of its kind in the state. The plant, in partnership with Cenex Harvest States, will export DDGS by rail to Canada and Mexico, or on barges down the Mississippi River for global export. Patriot is also partnering with Consolidated Grain and Barge to receive corn.
Rock Katschnig
For Katschnig, the plant represents profit potential, in more ways than one.
"I can deliver grain 10 miles to Patriot, instead of 50 miles to Hennepin," he describes. "And I'm just really excited for basis. Basis has been so discouraging."
By spring of 2009, Katschnig and other area farmers will have several additional delivery points, including the Patriot plant, a rail line at Galva and another ethanol plant at Galva.
"Basis should be a whole lot better then!" he adds.
Patriot is operated by a 10-member board of directors, and has 200 local investors.
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