Poet Cash Bids in Iowa

About Poet

POET, established in 1987, has grown from a single bioprocessing facility in Scotland, South Dakota, into the world's largest producer of biofuels and a pioneer in sustainable bioproducts. Headquartered in Sioux Falls, South Dakota, POET operates 34 bioprocessing facilities across the Midwest and employs nearly 2,400 people. The company’s vertically integrated model includes R&D, construction, technology development, operations, and marketing, enabling it to control quality, drive innovation, and scale sustainable solutions across its value chain.

At the heart of POET’s operations is its commitment to renewable energy and maximizing the value of American agriculture. Working with more than 40,000 farmers, POET processes nearly a billion bushels of grain annually, turning locally grown corn into a range of bioproducts. These include bioethanol, corn fermented protein, distillers grains, purified alcohol, bioCO₂, and even dry ice. Every part of the corn kernel is used to produce products that power vehicles, support food production, and reduce reliance on fossil fuels.

The grain procurement and merchandising side of POET plays a crucial role in linking agriculture with the bioeconomy. Local merchandisers stationed at each facility offer farmers real-time support and access to fair, transparent grain pricing. These direct relationships inject billions of dollars back into rural communities each year, reinforcing POET’s mission to advance agriculture, strengthen local economies, and drive environmental stewardship.

POET is also deeply committed to innovation, holding more than 140 U.S. patents and continually exploring new applications for plant-based products. Beyond industrial innovation, the company invests in global and local outreach through its nonprofit Seeds of Change, which supports sustainable agriculture and education initiatives worldwide. POET’s vision for a greener, more balanced world hinges on its belief that nature already holds the answers to many of today’s challenges—if we can harness them responsibly and at scale.

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Poet FAQ

What is POET?

POET is the world’s largest producer of biofuels and a global leader in sustainable bioproducts. Founded in 1987, POET operates 34 bioprocessing facilities across the Midwest and works with tens of thousands of farmers to produce plant-based alternatives to petroleum products.

What role does grain play in POET’s operations?

Grain, primarily corn, is the cornerstone of POET’s bioprocessing operations. The company purchases nearly a billion bushels of corn annually from over 40,000 local farmers to produce bioethanol and a range of other bioproducts.

What products does POET create from grain?

POET produces bioethanol, corn fermented protein (for animal feed), distillers grains, purified alcohol, bioCO₂, dry ice, and distillers corn oil. These products are used in industries ranging from transportation and agriculture to food and industrial processing.

Where are POET’s grain facilities located?

POET has bioprocessing plants across the Midwest, primarily in states like South Dakota, Iowa, Minnesota, Nebraska, and Indiana. Each location is supported by a local grain merchandising team that works directly with farmers.

Can producers contract directly with POET?

Yes, many POET locations have dedicated grain merchandisers who work directly with local farmers. Producers can discuss contract options, pricing, and delivery directly with their local POET team.

What sets POET apart from traditional grain buyers?

POET not only purchases grain but transforms it into high-value, environmentally friendly products. Their vertically integrated system—from procurement to processing—ensures efficiency, innovation, and a strong return for farmers and rural communities.

Poet Locations in Iowa

• Arthur
  2585 Quail Ave, Arthur, Ida County, 51431 IA
  Phone number: (712) 973-0900
• Ashton
  4970 260th Street, Ashton, Osceola County, 51232 IA
  Phone number: 712-724-6604
• Coon Rapids
  1015 GRANT AVE., Coon Rapids, Guthrie County, 50058 IA
  Phone number: 712-684-5102
• Corning
  1680 Brooks Road, Corning, Adams County, 50841 IA
  Phone number: (641) 322-6439
• Emmetsburg
  4724 380TH St., Emmetsburg, Palo Alto County, 50536 IA
  Phone number: 712-852-8700
• Fairbank
  1277 102nd St, Fairbank, Buchanan County, 50629 IA
  Phone number: (319) 326-0600
• Gowrie
  1562 320th ST., Gowrie, Webster County, 50543 IA
  Phone number: 515-352-2612
• Hanlontown
  3638 Fir Avenue, Hanlontown, Worth County, 50444 IA
  Phone number: 641-896-2500
• Iowa Falls
  21050 140th St, Iowa Falls, Hardin County, 50126 IA
  Phone number: (641) 630-1599
• Jewell
  2601 320th Street, Jewell, Hamilton County, 50130 IA
  Phone number: 515-827-6050
• Menlo
  3363 Talon Ave, Menlo, Guthrie County, 50164 IA
  Phone number: (641) 860-4300
• Shell Rock
  30750 212th St, Shell Rock, Butler County, 50670 IA
  Phone number: (319) 820-2600