The Paxton facility is now accepting January to-arrive bean contracts. All other locations will be accepting January beans as space allows. Please call your delivery location to confirm space before you haul!
Haul your beans now before the weather turns bad!
The Paxton facility will begin to accept January corn contracts off the farm on Monday, December 22nd. All other locations will accept January corn as space allows. Please call your delivery location to confirm space before you haul!
CHRISTMAS HOLIDAY SCHEDULE
Ludlow Coop facilities will close at 12:00 noon on Wed., December 24th and will be closed on Thurs., December 25th. All facilities will reopen on Fri., December 26th at 7:30 am. The CBOT will be closed these same hours and re-open at 8:30 am on Fri., December 26th.
COMPUTER SYSTEM YEAR END CUTOFF
On Mon. Dec 29th, we will cutoff at 2:00 pm for the 2014 year! We will not be able to issue any more checks for 2014 or apply A/R payments. This will allow us to get your January 2015 grain checks prepared for you to pick up on Fri., January 2, 2015.
NEW YEAR'S HOLIDAY SCHEDULE
Ludlow Coop facilities will close at 2:00 pm on Wed., December 31st and will be closed on Thurs., January 1, 2015. All facilities will reopen on Fri., January 2, 2015 at 7:30 am. The CBOT will close at 1:15 pm on Wed., Dec. 31st and be closed on Thurs., Jan. 1st. Markets will re-open at 8:30 am on Fri., Jan. 2nd.
Please be sure to have new and/or changed accounts and farm ID's set up prior to delivery of grain.
Be sure to tell the scale operator when you haul in a LAST LOAD from a field. We will be glad to send you a "Sample Delivery Sheet" via mail or email, if you wish to share your email address with us. Thank you!
VARIABLE PRICE LIMITS FOR GRAIN - NOV 1, 2014
Corn daily price limit-25¢/bu; expanded limit-40¢/bu
Bean daily price limit-$0.70/bu; expanded limit-$1.05/bu
Wheat daily price limit-35¢/bu; expanded limit-55¢/bu
Limits are re-evaluated every six months
The Syngenta seed corn varieties Agrisure Viptera and Duracade do not yet have full export approval at this time. As Ludlow Coop ships rail corn that could end up in the export market, we are asking that you please take the necessary precautions when ordering seed for this coming year. Ludlow Coop will not be accepting any corn variety that does not have full export approval. Please contact us if you have questions.
CME GRAIN TRADING HOURS
Sunday to Friday: 7:00 pm to 7:45 am
Monday to Friday: 8:30 am to 1:15 pm
LUDLOW COOP BOARD APPROVES CONTINUING DEBENTURE SALE
At the November 2014 board meeting, the continuation of the debenture sale program was approved.
Sales offerings are for two to five year maturing debentures available to the patrons and employees of Ludlow Coop. The program allows for the investment of a maximum or $40,000 per patron in multiples of $100. Interest is paid on an annual basis.
All investments will be handled on a first-come, first-served basis until the maximum approved investment limits have been met. If you would be interested in investing funds, please contact Steve Wissink at the Ludlow office. Phone # 217-396-4111