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. Report day. End of month and end of quarter. No markets on Friday. Grain prices are mixed as the trade awaits the numbers. Numbers are listed in the table below. Quarterly stocks are expected to be a record for corn and at 6-year highs for beans. The quarterly report for corn should help to shed a little more light on the feed use, which most analysts still expect is too high at 6.200 bbu. Corn acres are expected down from a year ago with bean acres up. We will see by how much today and I am sure that will create some additional conversations on if the high agronomy prices are changing that mix since these numbers were collected. We can then start to focus on the growing season. Monsoon like rains will move through the Midwest over the next few days. That will be well received, especially if it is spaced out somewhat. The rain track is expected to go through some of the driest areas of the Midwest. The western end of the plains will be missed again. The weekly ratings for wheat showed the Kansas wheat crop down 6% in the good to excellent category at 40%. Oklahoma was down 1% to 13% good to excellent. The weekly composite crop progress reports start next week. Soybeans are a bit over 75% harvested in Brazil as of late last week. This is below a year ago but near the average. The 2nd corn crop planting is basically done. Some concern is growing for that crop as B3 corn futures in Brazil set 11-month highs for the new crop months yesterday. Crude oil futures closed over $100 officially yesterday for the first time since the war started. It is another good day to review offers as volatility is expected to pick up after 11 a.m. central today. Good luck with the report. Have a safe day.
Price limits: Corn – 30 cents Beans – 70 cents Wheat – 35 cents ... See MoreSee Less
🌽 Corn Market Update Corn futures closed notably lower to start the week this week, trading to their lowest level since March 18th on short covering ahead of tomorrow morning's reports. We don't know what tomorrow's numbers will bring, but would surmise there still exists a fair amount of premium cooked into prices at current levels, meaning greater risk would theoretically exist to the downside from here than to the upside. At the same time, and until the situation in Iran and global energy markets calm to some extent, we have a hard time seeing the corn market do more than briefly correct in the short term, despite what the fundamentals may call for. Beyond 11am central time tomorrow morning, the 2026 US spring planting campaign will begin to receive far more attention than it has to this point, with weather and progress pace likely to be a near-daily part of market conversations.
🌱 Soybean Market Update Bean futures closed mixed on Monday, as a morning rally that lasted most of the day session failed to make it through the noon hour and into the close, leaving values near unchanged. Like corn, volume here was down notably from recent days with traders not wanting to take on new positions ahead of tomorrow's updates. Aside from ongoing trade centered on Friday's RVO news, there continues to be a fair amount of chatter that a spike in fertilizer prices could lead to a shift to more soybean acres, but we are skeptical that even is this is true it'll show up on tomorrow's reports. Remember, the surveys for tomorrow's data were done at the beginning of March, when the Iran war was still in its opening stages. There are likely (as there are most years) to be changes from tomorrow's figures to the final ones seen in June, but the market will probably nonetheless react tomorrow as if this were not in fact the case.
🌾 Wheat Market Update Wheat futures closed higher on Monday, though were some 4 or 5 cents off their highs made earlier in the session as late-day selling in the corn market pressured values into the close. Dry forecasts for the US southern Plains remain the number one topic of conversation in the market to start the week this week, as there's not a lot overly new from a global standpoint and as managed money remains largely neutral. ... See MoreSee Less
Good morning. Report day. End of month and end of quarter. No markets on Friday. Grain prices are mixed as the trade awaits the numbers. Numbers are listed in the table below. Quarterly stocks are expected to be a record for corn and at 6-year highs for beans. The quarterly report for corn should help to shed a little more light on the feed use, which most analysts still expect is too high at 6.200 bbu. Corn acres are expected down from a year ago with bean acres up. We will see by how much today and I am sure that will create some additional conversations on if the high agronomy prices are changing that mix since these numbers were collected. We can then start to focus on the growing season. Monsoon like rains will move through the Midwest over the next few days. That will be well received, especially if it is spaced out somewhat. The rain track is expected to go through some of the driest areas of the Midwest. The western end of the plains will be missed again. The weekly ratings for wheat showed the Kansas wheat crop down 6% in the good to excellent category at 40%. Oklahoma was down 1% to 13% good to excellent. The weekly composite crop progress reports start next week. Soybeans are a bit over 75% harvested in Brazil as of late last week. This is below a year ago but near the average. The 2nd corn crop planting is basically done. Some concern is growing for that crop as B3 corn futures in Brazil set 11-month highs for the new crop months yesterday. Crude oil futures closed over $100 officially yesterday for the first time since the war started. It is another good day to review offers as volatility is expected to pick up after 11 a.m. central today. Good luck with the report. Have a safe day.
Price limits: Corn – 30 cents Beans – 70 cents Wheat – 35 cents ... See MoreSee Less
🌽 Corn Market Update Corn futures closed notably lower to start the week this week, trading to their lowest level since March 18th on short covering ahead of tomorrow morning's reports. We don't know what tomorrow's numbers will bring, but would surmise there still exists a fair amount of premium cooked into prices at current levels, meaning greater risk would theoretically exist to the downside from here than to the upside. At the same time, and until the situation in Iran and global energy markets calm to some extent, we have a hard time seeing the corn market do more than briefly correct in the short term, despite what the fundamentals may call for. Beyond 11am central time tomorrow morning, the 2026 US spring planting campaign will begin to receive far more attention than it has to this point, with weather and progress pace likely to be a near-daily part of market conversations.
🌱 Soybean Market Update Bean futures closed mixed on Monday, as a morning rally that lasted most of the day session failed to make it through the noon hour and into the close, leaving values near unchanged. Like corn, volume here was down notably from recent days with traders not wanting to take on new positions ahead of tomorrow's updates. Aside from ongoing trade centered on Friday's RVO news, there continues to be a fair amount of chatter that a spike in fertilizer prices could lead to a shift to more soybean acres, but we are skeptical that even is this is true it'll show up on tomorrow's reports. Remember, the surveys for tomorrow's data were done at the beginning of March, when the Iran war was still in its opening stages. There are likely (as there are most years) to be changes from tomorrow's figures to the final ones seen in June, but the market will probably nonetheless react tomorrow as if this were not in fact the case.
🌾 Wheat Market Update Wheat futures closed higher on Monday, though were some 4 or 5 cents off their highs made earlier in the session as late-day selling in the corn market pressured values into the close. Dry forecasts for the US southern Plains remain the number one topic of conversation in the market to start the week this week, as there's not a lot overly new from a global standpoint and as managed money remains largely neutral. ... See MoreSee Less
0 CommentsComment on Facebook