March 1 — Fellow Rotarian, Bruce Bulman, told us about ethanol production in our area. He has been a shareholder in POET, Preston. The process to make ethanol is getting more efficient. Now 2.85 gallons of ethanol is produced from a bushel of corn. The distillers’ grain is a by-product used for livestock feed. POET’s brand is Dakota Gold. Ethanol producers no longer receive subsidies. CO2 is the most profitable part of the business. POET started in 1998 in Preston. Now 26 plants merged together by POET and the local board has been disbanded.
March 8 — Bob Klug from Caledonia Implement Co. gave the history of the business which began with his father and Geo. Schauble. In 1965 they built the present facility. It is owned by three brothers and four of their sons.