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)
We have posted the current rates for drying and storage grain on our website.
Please visit our Crop Policy Service Rates page for Corn and Soybeans to plan for your storage and drying needs for this harvest season.
Please call the office if you have questions: 217-396-4111
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.
Please RSVP by August 22, 2025
The Ludlow Coop Newsletter is available online.
>> See latest Ludlow Coop Newsletter
Don’t miss out….
with the rapidly changing markets we can monitor the CBOT for you during the 17 ½ hours of daily trade.
To take advantage of this FREE service, call or email a settlement location with your pricing offer and the information below.
We keep grain pricing offers up to 30 days; we will reach out to you when/if offers are picked up.
Buckley 217-394-2331
Danforth 815-269-2390
Ludlow 217-396-4111
Goodwine 815-457-2880
Piper City 815-707-3347
01.02.26 MIDCO AFTERNOON COMMENTS
1.2.26 MIDCO MORNING COMMENTS 0 CommentsComment on Facebook
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🌽 Corn Market Update
Corn futures pushed to new lows for the week on Friday on what was another quiet, uneventful session, with the market now back near the lows made both in November and earlier last month in December. While the weather situation in Argentina is beginning to generate some conversation, the market likely doesn't see much of any reaction for at least another few weeks due to currently good moisture levels that are the result of flooding rains seen in September and October. Other than this, the bull camp just doesn't have a lot to cling to without a lower yield adjustment in the USDA's January WASDE update, which is now just five more trading sessions away.
🌱 Soybean Market Update
Soybean futures closed the week lower on Friday but were well off their lows made earlier in the session as selling pressure seemed to reach a crescendo shortly before 9:30am central time this morning and then subsided a bit as the morning went on. With the harvest slowly beginning to get rolling and there not expected to be a lot of final yield trimming from the USDA on the final US crop numbers in January, it's the massive supply in the western hemisphere that likely keeps a lid on prices in the short term. Brazilian FOB offers February forward are the cheapest in the world, and the US export program is already some 40% behind last year.
🌾 Wheat Market Update
Other than Chicago futures scoring new lows on Friday, there's little to talk about pertaining to the wheat market this afternoon as values closed within spitting distance of unchanged in limited new news. There were no new developments on the war situation in the past 48 hours, and this keeps global supplies that are growing and already burdensome at the center of attention.
... See MoreSee Less
Early Calls: Mixed to lower. Choppy, low-volume trade is likely.
• On Wednesday, USDA announced commodity payment rates for the Farmer Bridge Assistance Program: $44.36/acre for corn, $30.88/acre for soybeans, and $39.35/acre for wheat.
• Wednesday’s weekly EIA report showed ethanol production for the week ending December 26th increased 2.3% w/w. Ethanol stocks also grew.
• China said it will maintain stable grain prices, amid rumors of reserve stocks selling in corn and wheat for January.
• The Chinese were a bit more active in front of the holiday, reportedly buying 5 Brazilian bean cargoes for Feb out to June.
• The Dalian Exchange is closed today.
• CIF bean market quieted down on Wednesday, w/ Jan changing hands at +100F (the bid side of the ledger).
• CIF corn was steady on the day. Global buyers continue to look at the U.S. against other global origins for corn, but for the most part are making U.S. purchases.
• Egypt was said to be looking for March corn in front of the holiday.
• Domestic basis was mostly steady Wednesday for both corn and beans. Some crushers have rolled nearby bids to the SH, but most river bids remain vs the SF.
• The U.S. weather forecast shows moisture for the Midwest and South, w/temps above normal the next two weeks. This should help further improve water levels in the river system and keep ice off the IL River.
• S American weather forecasts show rain for the Brazilian grain areas. The N Argy areas should also see rain while the S looks dry.
Other headlines this morning:
* January delivery totals for Dec 30th & Dec 31st: 55 soyoil, zero soymeal, and 1,975 soybeans
* DOW: trading higher
* Nearby crude oil: trading lower
* U.S. dollar trading firmer
* Global stocks are bounding out of the starting blocks
* 30-yr Treasury yield jumped to 4.88%, its highest level since Sept
* Oil prices have slipped despite a supply glut
-Civil unrest in Iran, and the Trump admin’s campaign against Venezuela remains a focus
* Gold & silver building on their best annual performances since 1979
* Corn & beans set record trading volumes in 2025
* Argy's ag export revenues jump 25% in 2025
* Brazil’s AG proposed delay to law tied to Amazon Protection Pact
* SovEcon: raises 2025 Russia’s wheat export forecast to 44.6 MMT’s
* USDA's monthly Nov Fats & Oils report scheduled for release at 2 pm CST-
- Avg est @ 225.239 mln. bu.
... See MoreSee Less
01.02.26 MIDCO AFTERNOON COMMENTS
🌽 Corn Market Update
Corn futures pushed to new lows for the week on Friday on what was another quiet, uneventful session, with the market now back near the lows made both in November and earlier last month in December. While the weather situation in Argentina is beginning to generate some conversation, the market likely doesn't see much of any reaction for at least another few weeks due to currently good moisture levels that are the result of flooding rains seen in September and October. Other than this, the bull camp just doesn't have a lot to cling to without a lower yield adjustment in the USDA's January WASDE update, which is now just five more trading sessions away.
🌱 Soybean Market Update
Soybean futures closed the week lower on Friday but were well off their lows made earlier in the session as selling pressure seemed to reach a crescendo shortly before 9:30am central time this morning and then subsided a bit as the morning went on. With the harvest slowly beginning to get rolling and there not expected to be a lot of final yield trimming from the USDA on the final US crop numbers in January, it's the massive supply in the western hemisphere that likely keeps a lid on prices in the short term. Brazilian FOB offers February forward are the cheapest in the world, and the US export program is already some 40% behind last year.
🌾 Wheat Market Update
Other than Chicago futures scoring new lows on Friday, there's little to talk about pertaining to the wheat market this afternoon as values closed within spitting distance of unchanged in limited new news. There were no new developments on the war situation in the past 48 hours, and this keeps global supplies that are growing and already burdensome at the center of attention.
... See MoreSee Less
0 CommentsComment on Facebook
1.2.26 MIDCO MORNING COMMENTS
Early Calls: Mixed to lower. Choppy, low-volume trade is likely.
• On Wednesday, USDA announced commodity payment rates for the Farmer Bridge Assistance Program: $44.36/acre for corn, $30.88/acre for soybeans, and $39.35/acre for wheat.
• Wednesday’s weekly EIA report showed ethanol production for the week ending December 26th increased 2.3% w/w. Ethanol stocks also grew.
• China said it will maintain stable grain prices, amid rumors of reserve stocks selling in corn and wheat for January.
• The Chinese were a bit more active in front of the holiday, reportedly buying 5 Brazilian bean cargoes for Feb out to June.
• The Dalian Exchange is closed today.
• CIF bean market quieted down on Wednesday, w/ Jan changing hands at +100F (the bid side of the ledger).
• CIF corn was steady on the day. Global buyers continue to look at the U.S. against other global origins for corn, but for the most part are making U.S. purchases.
• Egypt was said to be looking for March corn in front of the holiday.
• Domestic basis was mostly steady Wednesday for both corn and beans. Some crushers have rolled nearby bids to the SH, but most river bids remain vs the SF.
• The U.S. weather forecast shows moisture for the Midwest and South, w/temps above normal the next two weeks. This should help further improve water levels in the river system and keep ice off the IL River.
• S American weather forecasts show rain for the Brazilian grain areas. The N Argy areas should also see rain while the S looks dry.
Other headlines this morning:
* January delivery totals for Dec 30th & Dec 31st: 55 soyoil, zero soymeal, and 1,975 soybeans
* DOW: trading higher
* Nearby crude oil: trading lower
* U.S. dollar trading firmer
* Global stocks are bounding out of the starting blocks
* 30-yr Treasury yield jumped to 4.88%, its highest level since Sept
* Oil prices have slipped despite a supply glut
-Civil unrest in Iran, and the Trump admin’s campaign against Venezuela remains a focus
* Gold & silver building on their best annual performances since 1979
* Corn & beans set record trading volumes in 2025
* Argy's ag export revenues jump 25% in 2025
* Brazil’s AG proposed delay to law tied to Amazon Protection Pact
* SovEcon: raises 2025 Russia’s wheat export forecast to 44.6 MMT’s
* USDA's monthly Nov Fats & Oils report scheduled for release at 2 pm CST-
- Avg est @ 225.239 mln. bu.
... See MoreSee Less
0 CommentsComment on Facebook
0 CommentsComment on Facebook