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 The corn market saw lower closes to end the week on Friday, though hardly due to fundamentals of its own as spill over selling from the macro world was the main source of the late-week pressure throughout the day. The bulls this week will have been disappointed in the fact that prices didn't react better to the ethanol headlines but like we talked about previously, a voluntary year-round E15 program doesn't do a lot of anything to materially alter corn demand in the short term. We've been saying it for months, but there is little on the horizon that could increase demand much if at all from where things are currently; ethanol production is estimated to be running at north of 90% of capacity, exports are at record levels, and feed use is likely overstated by a fairly sizeable margin. If the best demand outlook we've had in some time can't get ending stocks below 2.0 bil bu, what happens if demand levels back out? This is why we continue to beat the drum that a supply problem is needed to rally the market longer term.
🌱 Soybean Market Update Soybeans shed premium throughout the complex for the second straight session to wrap up the week this week, as here too spill over selling from the macro markets was unavoidable and helped pressure the space during most of the day and into the close. The bottom line here is that there just hasn't been much new this week - the RVO announcement is now more likely to be seen in March than it was a week ago, but most still felt this was the most likely outcome; Brazil still has a massive crop that's going to be able to satisfy world demand probably for longer than normal; and there is no sign that relations between the US and China are any different than they were a week ago. Unless something changes on one of these fronts, we would anticipate rangebound trade in the weeks ahead, with the market likely to find selling near the $11 level and buying anywhere much below $10.50.
🌾 Wheat Market Update More of the same for the wheat market on Friday, as like the other row crop markets, a lot of the day's price action was predicated on outside market momentum and money flows that didn't necessarily have a lot to do with the wheat market specifically. From a chat standpoint, spot Chicago futures were unable to push above the highs made yesterday, but were also unable to push below the lows, which led to the highest close on the March contract since the first week of December. For next week, key now will be whether the market can sustain trade above the 100-day moving average that it cleared this week, or if short covering has run its course and a slow resumption of the downtrend that has generally been in place since before the start of last year resumes next week. ... See MoreSee Less
Good morning. Month end. Grain prices are mostly lower as the dollar rebounds today and most commodity markets are lower. Those markets were helpful early in the week, but the tune has changed to end the week. The decline is being led by President Trump’s selection of Kevin Warsh as the new Fed Chairman. The term for Chairman Powell ends in May. Mr. Warsh served on the FED a few years ago and was typically against lower rates. That tune has changed in recent months, and he has been more aligned with President Trump’s ideas of a smaller FED balance sheet and lower rates. Mr. Warsh is married to the daughter of a prominent donor and former classmate of President Trump. Metals are sharply lower this morning. Equity futures are down as well with some small uneasiness on the new FED pick. The CFTC fund data is out this afternoon, but otherwise, it is a likely a slow news day for grains. Thus, easier to follow the outside markets. The cold weather is still a story with chilly temps expected to dominate the Midwest for the next few days. A small warm-up happens later next week, but temps will just make it over the freezing mark. It is expected that February mostly stays on the cold side, which will provide little relief for the river system. Forecasts do change quickly though, so stay tuned. Some rain is due in Argentina next week, but totals and coverage will be closely watched. March beans rejected the 100-day moving average ($10.82 ¼) on the upside the last two sessions and is trading back down through the 200-day moving average ($10.69 ¼) this morning. Corn is holding in better as a comparison with wheat helping a bit. Did see some producer selling this week but that will slow if these lower markets hold. The spring pricing period for crop insurance begins Monday. Outside markets and weather will still be the main drivers of conversation next week. The next USDA report is Feb. 10th. Have a safe weekend. ... See MoreSee Less
🌽 Corn Market Update The corn market saw lower closes to end the week on Friday, though hardly due to fundamentals of its own as spill over selling from the macro world was the main source of the late-week pressure throughout the day. The bulls this week will have been disappointed in the fact that prices didn't react better to the ethanol headlines but like we talked about previously, a voluntary year-round E15 program doesn't do a lot of anything to materially alter corn demand in the short term. We've been saying it for months, but there is little on the horizon that could increase demand much if at all from where things are currently; ethanol production is estimated to be running at north of 90% of capacity, exports are at record levels, and feed use is likely overstated by a fairly sizeable margin. If the best demand outlook we've had in some time can't get ending stocks below 2.0 bil bu, what happens if demand levels back out? This is why we continue to beat the drum that a supply problem is needed to rally the market longer term.
🌱 Soybean Market Update Soybeans shed premium throughout the complex for the second straight session to wrap up the week this week, as here too spill over selling from the macro markets was unavoidable and helped pressure the space during most of the day and into the close. The bottom line here is that there just hasn't been much new this week - the RVO announcement is now more likely to be seen in March than it was a week ago, but most still felt this was the most likely outcome; Brazil still has a massive crop that's going to be able to satisfy world demand probably for longer than normal; and there is no sign that relations between the US and China are any different than they were a week ago. Unless something changes on one of these fronts, we would anticipate rangebound trade in the weeks ahead, with the market likely to find selling near the $11 level and buying anywhere much below $10.50.
🌾 Wheat Market Update More of the same for the wheat market on Friday, as like the other row crop markets, a lot of the day's price action was predicated on outside market momentum and money flows that didn't necessarily have a lot to do with the wheat market specifically. From a chat standpoint, spot Chicago futures were unable to push above the highs made yesterday, but were also unable to push below the lows, which led to the highest close on the March contract since the first week of December. For next week, key now will be whether the market can sustain trade above the 100-day moving average that it cleared this week, or if short covering has run its course and a slow resumption of the downtrend that has generally been in place since before the start of last year resumes next week. ... See MoreSee Less
Good morning. Month end. Grain prices are mostly lower as the dollar rebounds today and most commodity markets are lower. Those markets were helpful early in the week, but the tune has changed to end the week. The decline is being led by President Trump’s selection of Kevin Warsh as the new Fed Chairman. The term for Chairman Powell ends in May. Mr. Warsh served on the FED a few years ago and was typically against lower rates. That tune has changed in recent months, and he has been more aligned with President Trump’s ideas of a smaller FED balance sheet and lower rates. Mr. Warsh is married to the daughter of a prominent donor and former classmate of President Trump. Metals are sharply lower this morning. Equity futures are down as well with some small uneasiness on the new FED pick. The CFTC fund data is out this afternoon, but otherwise, it is a likely a slow news day for grains. Thus, easier to follow the outside markets. The cold weather is still a story with chilly temps expected to dominate the Midwest for the next few days. A small warm-up happens later next week, but temps will just make it over the freezing mark. It is expected that February mostly stays on the cold side, which will provide little relief for the river system. Forecasts do change quickly though, so stay tuned. Some rain is due in Argentina next week, but totals and coverage will be closely watched. March beans rejected the 100-day moving average ($10.82 ¼) on the upside the last two sessions and is trading back down through the 200-day moving average ($10.69 ¼) this morning. Corn is holding in better as a comparison with wheat helping a bit. Did see some producer selling this week but that will slow if these lower markets hold. The spring pricing period for crop insurance begins Monday. Outside markets and weather will still be the main drivers of conversation next week. The next USDA report is Feb. 10th. Have a safe weekend. ... See MoreSee Less
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