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 higher this morning. March corn is within a couple of cents of last week’s high and March beans are trading to its highest levels in a month. President Trump mentioned his support for E15 when he was in Iowa yesterday, which is helping corn overnight. He stated that he would pass legislation for year-around E15 if Congress brings it to him. The EPA has finalized its RVO rulings, which means the discussion is now closed. The group is expected to realize their finalized amounts by March. Gulf values continue to be firm on the front end for both corn and soybeans due to the lack of river transportation related to the cold weather. It will continue to be cold through next week. Highs in Illinois will approach the freezing mark next week, but there is still some concern that more chilly weather is due after that. Precip will be light for most of the Midwest over the next few days. Parts of Argentina are dry and will need rain over the next week or so. There is chances of rain in the forecast for next week but confidence in the amounts has wanted a bit overnight. Brazil will see some rain later this week. The FED will announce its interest rate decision this afternoon. No changes in rates are expected. The weekly ethanol report is out this morning. Some adjustment in grind is possible with the cold temps and the quick rise in natural gas futures. The dollar continues to be weak, which is helpful for grains. Crude and metals are higher again this morning. We will see if the producer engages in any big way on this bean bounce. Have a safe day. ... See MoreSee Less
🌽 Corn Market Update It was another quiet day in the corn market, with volume noticeably down from normal and prices not even able to muster more than a four cent trading range as there continues to be little to nothing in terms of news aside from speculation on ethanol and E15. Like we mentioned above, even if E15 were to be allowed to be sold year-round, there are only so many ethanol plants in the US that can only grind so much more corn. It's not like if legislation passes tomorrow there's all of a sudden going to be twice as many ethanol plants that immediately need to source corn. Therefore, any real demand boost likely comes several years down the road, and will be getting into the waters of potentially changing administrations and whether one President's policies become those of the next. We don't mean to sound pessimistic, but are simply cautioning that even if positive ethanol legislation is passed, it might not necessarily mean board prices are going to make a run at $5.
🌱 Soybean Market Update Biofuels and related policies were the name of the game again on Tuesday in the soy complex, with bean oil higher on short covering and the beans mostly in tow; meal ended up caught in the middle, and subsequently saw closes on either side of unchanged. There's just little fundamentally new here to talk about, which has largely been the case for days now. Market themes that relate to price direction continue to be as follows: South American production, which is massive and continues to see nearly-ideal weather; China buying, which has likely dried up for the time being as the economics make no sense vs what's available in South America; and biofuels, which continue be a long, drawn out, convoluted mess. How these three situations develop over the next six months, along with how many acres the US farmer decides to plant this spring and the weather conditions with which he has to do it, will almost exclusively determine where prices go through the remainder of the 2025/26 marketing year.
🌾 Wheat Market Update The wheat market saw a largely technical day of trade on Tuesday, with yesterday's new high and subsequent lower close largely keeping a lid on things throughout the day today. Like the others, there just wasn't anything new here for traders to discuss, and it led to a dull, lifeless several hours of trading that produced closes within spitting distance of where they were on Monday. Like in the US, weather has been causing significant logistical issues throughout Russia and how this affects their exports for the month has become a notable question. On one hand, a lower export figure from Russia should mean increased potential for other exporters, but on the other hand, the argument could be made that demand is still not great, and falling Russian exports only further illustrate this. ... See MoreSee Less
Good morning. Grain prices are higher this morning. March corn is within a couple of cents of last week’s high and March beans are trading to its highest levels in a month. President Trump mentioned his support for E15 when he was in Iowa yesterday, which is helping corn overnight. He stated that he would pass legislation for year-around E15 if Congress brings it to him. The EPA has finalized its RVO rulings, which means the discussion is now closed. The group is expected to realize their finalized amounts by March. Gulf values continue to be firm on the front end for both corn and soybeans due to the lack of river transportation related to the cold weather. It will continue to be cold through next week. Highs in Illinois will approach the freezing mark next week, but there is still some concern that more chilly weather is due after that. Precip will be light for most of the Midwest over the next few days. Parts of Argentina are dry and will need rain over the next week or so. There is chances of rain in the forecast for next week but confidence in the amounts has wanted a bit overnight. Brazil will see some rain later this week. The FED will announce its interest rate decision this afternoon. No changes in rates are expected. The weekly ethanol report is out this morning. Some adjustment in grind is possible with the cold temps and the quick rise in natural gas futures. The dollar continues to be weak, which is helpful for grains. Crude and metals are higher again this morning. We will see if the producer engages in any big way on this bean bounce. Have a safe day. ... See MoreSee Less
🌽 Corn Market Update It was another quiet day in the corn market, with volume noticeably down from normal and prices not even able to muster more than a four cent trading range as there continues to be little to nothing in terms of news aside from speculation on ethanol and E15. Like we mentioned above, even if E15 were to be allowed to be sold year-round, there are only so many ethanol plants in the US that can only grind so much more corn. It's not like if legislation passes tomorrow there's all of a sudden going to be twice as many ethanol plants that immediately need to source corn. Therefore, any real demand boost likely comes several years down the road, and will be getting into the waters of potentially changing administrations and whether one President's policies become those of the next. We don't mean to sound pessimistic, but are simply cautioning that even if positive ethanol legislation is passed, it might not necessarily mean board prices are going to make a run at $5.
🌱 Soybean Market Update Biofuels and related policies were the name of the game again on Tuesday in the soy complex, with bean oil higher on short covering and the beans mostly in tow; meal ended up caught in the middle, and subsequently saw closes on either side of unchanged. There's just little fundamentally new here to talk about, which has largely been the case for days now. Market themes that relate to price direction continue to be as follows: South American production, which is massive and continues to see nearly-ideal weather; China buying, which has likely dried up for the time being as the economics make no sense vs what's available in South America; and biofuels, which continue be a long, drawn out, convoluted mess. How these three situations develop over the next six months, along with how many acres the US farmer decides to plant this spring and the weather conditions with which he has to do it, will almost exclusively determine where prices go through the remainder of the 2025/26 marketing year.
🌾 Wheat Market Update The wheat market saw a largely technical day of trade on Tuesday, with yesterday's new high and subsequent lower close largely keeping a lid on things throughout the day today. Like the others, there just wasn't anything new here for traders to discuss, and it led to a dull, lifeless several hours of trading that produced closes within spitting distance of where they were on Monday. Like in the US, weather has been causing significant logistical issues throughout Russia and how this affects their exports for the month has become a notable question. On one hand, a lower export figure from Russia should mean increased potential for other exporters, but on the other hand, the argument could be made that demand is still not great, and falling Russian exports only further illustrate this. ... See MoreSee Less
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