CORN deliveries beginning 1-14-26 are eligible for:
Delayed Pricing –FREE moisture averaged by farm ID (within a 30 day delivery period) and shrunk to 15.0% FREE DP is until 2:00 p.m. on 8-31-26, new 2026 crop rates will go into effect at that time.
CORN deliveries beginning 1-14-26 are eligible for:
Open Storage – moisture averaged by farm ID (within a 30 day delivery period) and shrunk to 14.0% charges of NO drop charge and .0012 cent per bushel per day (3.5 cents per month) thru 8-31-26, new 2026 crop rates will go into effect at that time.
BEAN deliveries beginning 1-14-26 are eligible for:
Delayed Pricing –FREE NO MOISTURE AVERAGING (within a 30 day delivery period) and shrunk to 13.0% FREE DP is until 2:00 p.m. on 8-31-26, new 2026 crop rates will go into effect at that time.
BEAN deliveries beginning 1-14-26 are eligible for:
Open Storage – NO MOISTURE AVERAGING (within a 30 day delivery period) and shrunk to 13.0% charges of NO drop charge and .0012 cent per bushel per day (3.5 cents per month) thru 8-31-26, new 2026 crop rates will go into effect at that time.
This is the list of the newly elected board members who will be serving for the 2025/2026 fiscal year.
Roger Gustafson (Paxton) – President
Kenny During (Rantoul)– Vice President
Robert Schmid (Buckley)– Secretary
Cory Roelfs (Rantoul)– Treasurer
Steve Glazik (Paxton)
Dan Kief (Loda)
Jeff McGehee (Onarga)
Brent Neukomm (Cissna Park)
Jim Niewold (Loda)
Mike Otto (Buckley)
Pat Quinlan (Ludlow)
2025 Annual Meeting of the Stockholders will be held:
Wednesday, September 03, 2025
The Cadillac 108 W State St. Paxton, IL
Doors open at 6:00 p.m. for registration,
Buffet style dinner from 6:00 p.m. until 7:00 p.m. (Provided by Luke’s one stop)
Shareholders meeting will begin at 7:00 p.m.
🌽 Corn Market Update Corn futures closed lower on Wednesday, with selling in the crude oil and bean oil markets acting as an anchor on the space throughout the day. We talked about it yesterday but will reiterate this afternoon that yesterday's numbers, while talking points for traders and the markets, meant very little in terms of longer term fundamentals. Remember last year, the USDA on March 31st printed almost the exact same 95.3 million acre number, only for final to be up some 3.5 million by the time it was all said and done. We're not saying this is likely to happen again this year and understand the geopolitical backdrop now is notably different than it was a year ago, but are just pointing out that things can change a lot over the next 5 months. And similarly for the stocks number, it will also be several months before we find out whether yesterday's miss was the result of demand being better than expected or the crop being smaller than expected.
🌱 Soybean Market Update The bean market closed lower on Wednesday also, with selling in the oils also the main culprit here on what was an otherwise fairly quiet news day in terms of headlines. Amid all the new geopolitical happenings in the Middle East, the recently announced RVO mandates, and now the new spring acreage debate, the China situation has been pushed to the back burner a bit. However, we would argue that this continues to have the biggest impact on longer term price direction, as whether or not Beijing does or doesn't make additional US purchases will have the most impact on ending stocks both for the current marketing year and for the 2026/27 marketing year. In the short term though, the market will likely try and encourage additional acres following yesterday's somewhat smaller than expected figure.
🌾 Wheat Market Update Wheat futures finished lower on Wednesday and gave back most of the rally started last week as weather forecasts have continued to add rains for the Plains wheat belt in the 10-day period. Wheat also saw the most premium injected when things took off in the Middle East originally, which would theoretically mean it has the most to give back should the war come to an end. The $6 mark has been a bit of a gravitational point over most of the last month, and we see this remaining the case in the short term. ... See MoreSee Less
Scholarship Opportunity2026 GFAI Scholarship Applications Are Now Open! 🎉 Do you know a student interested in a career in the grain handling or feed industries? These fields offer steady work, competitive pay, and the chance to help feed the world. Encourage them to apply for one—or both—of our scholarship opportunities! They come with job shadowing opportunities, an industry-related tour over the summer, and recognition at our Annual Convention and Trade Show. Industry Immersion Scholarship – $3,500 • Open to Illinois resident college freshmen–juniors & qualified high school seniors Country Grain Elevator Management Scholarship – $5,000 • Open to full-time college juniors (rising seniors, fall 2026) - For students interested in pursuing management, accounting, origination, merchandising, etc. careers at an IL country grain elevator. Students may apply for both scholarships if eligible.
🌽 Corn Market Update Corn futures closed lower on Wednesday, with selling in the crude oil and bean oil markets acting as an anchor on the space throughout the day. We talked about it yesterday but will reiterate this afternoon that yesterday's numbers, while talking points for traders and the markets, meant very little in terms of longer term fundamentals. Remember last year, the USDA on March 31st printed almost the exact same 95.3 million acre number, only for final to be up some 3.5 million by the time it was all said and done. We're not saying this is likely to happen again this year and understand the geopolitical backdrop now is notably different than it was a year ago, but are just pointing out that things can change a lot over the next 5 months. And similarly for the stocks number, it will also be several months before we find out whether yesterday's miss was the result of demand being better than expected or the crop being smaller than expected.
🌱 Soybean Market Update The bean market closed lower on Wednesday also, with selling in the oils also the main culprit here on what was an otherwise fairly quiet news day in terms of headlines. Amid all the new geopolitical happenings in the Middle East, the recently announced RVO mandates, and now the new spring acreage debate, the China situation has been pushed to the back burner a bit. However, we would argue that this continues to have the biggest impact on longer term price direction, as whether or not Beijing does or doesn't make additional US purchases will have the most impact on ending stocks both for the current marketing year and for the 2026/27 marketing year. In the short term though, the market will likely try and encourage additional acres following yesterday's somewhat smaller than expected figure.
🌾 Wheat Market Update Wheat futures finished lower on Wednesday and gave back most of the rally started last week as weather forecasts have continued to add rains for the Plains wheat belt in the 10-day period. Wheat also saw the most premium injected when things took off in the Middle East originally, which would theoretically mean it has the most to give back should the war come to an end. The $6 mark has been a bit of a gravitational point over most of the last month, and we see this remaining the case in the short term. ... See MoreSee Less
Scholarship Opportunity2026 GFAI Scholarship Applications Are Now Open! 🎉 Do you know a student interested in a career in the grain handling or feed industries? These fields offer steady work, competitive pay, and the chance to help feed the world. Encourage them to apply for one—or both—of our scholarship opportunities! They come with job shadowing opportunities, an industry-related tour over the summer, and recognition at our Annual Convention and Trade Show. Industry Immersion Scholarship – $3,500 • Open to Illinois resident college freshmen–juniors & qualified high school seniors Country Grain Elevator Management Scholarship – $5,000 • Open to full-time college juniors (rising seniors, fall 2026) - For students interested in pursuing management, accounting, origination, merchandising, etc. careers at an IL country grain elevator. Students may apply for both scholarships if eligible.
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