Apply at any of our locations or fill out an Employment Application here and email it to accountspayable@ludlowcoop.com.
9.26.25 CLOSING TIMES
Paxton Location will be open until 9 pm tonight. All other locations will be closing at 7 pm.
All locations will be open at 7:30 Saturday 9.27.25
10.28.25 MIDCO MORNING COMMENTS
Good morning. Grain prices continue the run from yesterday with the potential closing of a trade deal with China being the driver again. China and U.S. leaders are still expected to meet on Thursday to finalize the framework of a deal that was agreed to over the weekend. There could still be some bumps along the way and details about soybean purchases are still lacking, but the market remains optimistic. Most of the strength yesterday was seen as short covering as shorts don’t want to get caught in the way of a thawing China relationship. November soybeans are trading to its highest level since last October, with a few old crop months now over $11.00. Dec. corn can close the gap from July 7th at $4.32 ¾ and then the 200-day MA sits at $4.37 ¼. The U.S. and Japan talked trade again this morning with the two countries signing an agreement on rare earths. The U.S. continues to look for alternatives to China’s supply. First notice day for November beans is Friday. We will report longs after the close on Thursday. Please review positions. Gulf bean bids were firmer yesterday so we will see if purchase news follows. Corn harvest is estimated at 72% done with beans at 84% complete. Some light rain is hitting the Midwest early this week and then it looks clear through the weekend. The extended forecast is dry again. South American weather still looks good. The FED starts its two-day meeting today. Did see an uptick in producer selling yesterday, especially those areas still in some harvest. The time changes this weekend. Cattle markets were sharply lower again yesterday. Price limits stay expanded again today and the CME is raising margin requirements again for cattle after the close. The next move for the grains and beans will be determined by the conclusion of the trade deal with China later this week. Anything different than what was talked about this weekend would be quickly disappointing for the market. Have a safe day.
Proof of Yield Reports are available thru the Ludlow Coop Bushels App. The App is a free download from the Google Play Store or the Apple Store. Questions, Call Pam at the Piper City Office at 815-707-3347.
0 CommentsComment on Facebook
Ludlow Cooperative Elevator Company is a farmer-owned grain cooperative in east-central Illinois serving Ford, Iroquois, and Champaign counties.
Founded in 1904 in Ludlow, Illinois, the company now has eleven locations: Alonzo, Bryce, Buckley, Danforth, Fountain Creek, Goodwine, La Hogue, Ludlow, Paxton, and Piper City, with convenient access to rail and Interstate highways.
Ludlow Cooperative Elevator Company handles grain sales and marketing of corn, soybeans, and wheat including grain storage and conditioning. The company is located in an area that enjoys some of the richest farmland in the world. Learn more about Ludlow Co-op Elevator
0 CommentsComment on Facebook