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.
Good morning. Grain prices are slightly higher as prices recover from the slight weakness yesterday. News continues to be limited. Prices were supported last week on the strong weekly demand reports, so we will wait to see if additional support is seen this week. Of course, Tuesday is the one day without any weekly reports. Parts of southern Brazil and Argentina remain dry. Southern Brazil will see some rain chances later this week, while ARG sees better chances next week. The southern Brazil areas will be closely watched for moisture over the next few weeks regarding the 2nd corn crop. Bean harvest and corn planting continues along an average pace. The FED meets today and no rate change is expected tomorrow afternoon. The comments after the meeting will be closely dissected, including by President Trump. The White House would prefer that the DHS funding to not be pulled out of the combined spending bills. If the Democrats insist it be viewed separately, the chances of a partial shutdown this weekend grow. The Midwest is still mostly frozen over. Precip will be light, but temps stay below freezing for the rest of the week. The river will continue to be a mess during this timeframe. Rail transportation will be slowed in spots, especially those cars traveling to and from the southeast. President Trump is visiting Iowa today and it is likely that the E15 topic comes up. March corn has found a new resistance point near $4.30 with the 200-day moving average ($10.68 ¾) providing the same spot for March beans. The dollar is sharply lower again today, which is offering a least some small support to grains. Producer selling remains sporadic, so would expect another quiet day unless new recent highs are made. Have a safe day. ... See MoreSee Less
🌽 Corn Market Update Corn futures saw a lower close to start the week on Monday, as it appears the high made Friday is going to be a bit of a hurdle for the market to overcome this week amid improving weather and what continues to be a burdensome supply outlook around the globe. Export inspection data this morning was again good, but like we've talked about on previous Mondays throughout winter, the market simply doesn't care and sees this as old news at this point. The other limiting factor we see for rallies from here is the fact that farmer likely hasn't sold many bushels for a while, and any sort of up move will quickly be met with him/her cutting ties with some more supply to generate another round of cash needs. The Trump money is great, but it will not cover all the production costs associated with new crop planting this spring.
🌱 Soybean Market Update Soybeans started the week out trading lower as well on Monday, with both the beans and the meal markets under a similar amount of pressure from what was likely an improvement in the weather outlook for Argentina over the weekend. Remember, while their corn crop this year is expected to be a big one and has taken a lot of the chatter of late, Argentina is far and away the world's number one exporter of soybean meal, which means weather issues there impact this market as well. Otherwise, with China having now reached its 12 MMT purchase agreement, the big question as far as most traders are concerned is does their buying again shut off from here and return to what it was for most of last year, or has the relationship between Trump and Xi made enough progress for the Chinese to continue taking a few cargoes here and there despite clear economic disadvantages to South America.
🌾 Wheat Market Update Wheat futures saw higher trade in the overnight hours last night to get the week started, but drifted backwards throughout the day session to close lower by the end of the day as the bark regarding this weekend's winter storm appears to have been a bit louder than the bite. The storm's path dumped a good layer of snow cover across a lot of the wheat belt to insulate it against the frigid temps, which some feel likely limited damage. However, any assessment in the next several weeks will be nearly impossible, which means it'll be a game of wait and see until spring when more is hopefully known. Aside from this, there was little new in Russia/Ukraine over the weekend, with most still seemingly rather pessimistic on the idea that any sort of lasting ceasefire is near. ... See MoreSee Less
Good morning. Grain prices are slightly higher as prices recover from the slight weakness yesterday. News continues to be limited. Prices were supported last week on the strong weekly demand reports, so we will wait to see if additional support is seen this week. Of course, Tuesday is the one day without any weekly reports. Parts of southern Brazil and Argentina remain dry. Southern Brazil will see some rain chances later this week, while ARG sees better chances next week. The southern Brazil areas will be closely watched for moisture over the next few weeks regarding the 2nd corn crop. Bean harvest and corn planting continues along an average pace. The FED meets today and no rate change is expected tomorrow afternoon. The comments after the meeting will be closely dissected, including by President Trump. The White House would prefer that the DHS funding to not be pulled out of the combined spending bills. If the Democrats insist it be viewed separately, the chances of a partial shutdown this weekend grow. The Midwest is still mostly frozen over. Precip will be light, but temps stay below freezing for the rest of the week. The river will continue to be a mess during this timeframe. Rail transportation will be slowed in spots, especially those cars traveling to and from the southeast. President Trump is visiting Iowa today and it is likely that the E15 topic comes up. March corn has found a new resistance point near $4.30 with the 200-day moving average ($10.68 ¾) providing the same spot for March beans. The dollar is sharply lower again today, which is offering a least some small support to grains. Producer selling remains sporadic, so would expect another quiet day unless new recent highs are made. Have a safe day. ... See MoreSee Less
🌽 Corn Market Update Corn futures saw a lower close to start the week on Monday, as it appears the high made Friday is going to be a bit of a hurdle for the market to overcome this week amid improving weather and what continues to be a burdensome supply outlook around the globe. Export inspection data this morning was again good, but like we've talked about on previous Mondays throughout winter, the market simply doesn't care and sees this as old news at this point. The other limiting factor we see for rallies from here is the fact that farmer likely hasn't sold many bushels for a while, and any sort of up move will quickly be met with him/her cutting ties with some more supply to generate another round of cash needs. The Trump money is great, but it will not cover all the production costs associated with new crop planting this spring.
🌱 Soybean Market Update Soybeans started the week out trading lower as well on Monday, with both the beans and the meal markets under a similar amount of pressure from what was likely an improvement in the weather outlook for Argentina over the weekend. Remember, while their corn crop this year is expected to be a big one and has taken a lot of the chatter of late, Argentina is far and away the world's number one exporter of soybean meal, which means weather issues there impact this market as well. Otherwise, with China having now reached its 12 MMT purchase agreement, the big question as far as most traders are concerned is does their buying again shut off from here and return to what it was for most of last year, or has the relationship between Trump and Xi made enough progress for the Chinese to continue taking a few cargoes here and there despite clear economic disadvantages to South America.
🌾 Wheat Market Update Wheat futures saw higher trade in the overnight hours last night to get the week started, but drifted backwards throughout the day session to close lower by the end of the day as the bark regarding this weekend's winter storm appears to have been a bit louder than the bite. The storm's path dumped a good layer of snow cover across a lot of the wheat belt to insulate it against the frigid temps, which some feel likely limited damage. However, any assessment in the next several weeks will be nearly impossible, which means it'll be a game of wait and see until spring when more is hopefully known. Aside from this, there was little new in Russia/Ukraine over the weekend, with most still seemingly rather pessimistic on the idea that any sort of lasting ceasefire is near. ... See MoreSee Less
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