News Announcements
Ludlow Coop is Offering Free Delayed Pricing on Corn & Soybean Deliveries
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.
SPACE AS AVAILABLE FOR CORN & BEANS
Time to Begin Marketing for the 2026 Crop Year with the Average Pricing Program
Why Choose the Average Pricing Program?
- Build a solid base for your 2026 crop marketing plan.
- Capture seasonal highs: Historically, January through June offers the strongest pricing opportunities.
- Flexibility: Commit only 20–35% of an average crop, leaving room for additional marketing.
- Take the emotion out of pricing—a great option for landlords.
- No enrollment cost.
- Extended marketing window: Sell ahead instead of after harvest (19 months vs. 9 months).
Ludlow Coop’s Average Pricing Program
Set Weeks: February 11 – June 24, 2026
- Weekly pricing every Wednesday at noon.
- 20 weeks total; final price is the average of all weekly pricings.
- Based on December (CZ26) corn futures and November (SX26) bean futures.
- Contracts are for Fall 2026 delivery.
- Sign-up deadline: Tuesday, February 10, 2026. Contract must be signed and received before start date.
Patron’s Choice Average Pricing Contract
Your Choice of Consecutive Weeks
- Weekly pricing every Wednesday at noon.
- Choose any consecutive weeks between January 14 – August 26, 2026.
- Based on CZ26 corn futures and SX26 bean futures.
- Contracts are for Fall 2026 delivery.
Ready to Enroll?
Contact your settlement location with:
- Number of bushels
- Chosen dates (for Patron’s Choice)
- Delivery location
Ludlow Coop Offices:
- Buckley: (217) 394-2331
- Danforth: (815) 269-2390
- Ludlow: (217) 396-4111
- Piper City: (815) 707-3347
- Goodwine: (815) 457-2880
2025-2026 Board Members Elected
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)
2025-2026 Drying and Storage Rates
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
The Grainery Newsletters
4.30.26 MIDCO AFTERNOON COMMENTS
4.30.26 MIDCO MORNING COMMENTS 0 CommentsComment on Facebook
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🌽 Corn Market Update
Spot corn futures ended their winning streak on Thursday, closing lower in a somewhat corrective fashion amid heavier selling in the wheat and crude oil markets and as there continues to be little in the way of market-specific fundamentals to drive values. Overnight deliveries were expectedly light last night from the CME Group, while farmer selling was also indicated to have dried up a bit throughout the day today following good sales earlier in the week. Aside from that, its the same themes present this afternoon and into the end of the week tomorrow that have been in place, with the bottom line for market pricing remaining what President Trump's next move is in Iran. We continue to be of the opinion that once the Strait is reopened there will be some measure of war premium extracted from prices, but when that occurs and what amount of premium that is remain to be seen.
🌱 Soybean Market Update
The bean market closed on either side of unchanged on Thursday, as trader focus remains largely centered on the products of meal and oil with crush margins remaining at or near record levels. Bean oil scoring new contract highs despite energies being lower for most of the day is notable, and lends credence to discussions had previously this week mentioning that while strength in bean oil is still somewhat tied to crude, there is also a market need to ration exportable supplies amid the government's new biofuel blending mandates for the year. The problem though, and what we'll call part three of the market rally, is that even if supplies are rationed, the US is still going to need feedstock imports to satisfy demand. This means the market must reach a price level that makes those imports economically feasible, hence the current rally.
🌾 Wheat Market Update
Wheat futures were the downside leader in the space Thursday, with Plains moisture being cited generally as the reason for the profit taking ahead of the final trade day of the week tomorrow. From here, it wouldn't take much of anything to see a 20 or 30 cent correction occur back down the low $6 area, with movement from there then likely being determined by crop data that becomes more available beyond another 4-6 weeks. However, additional weekend hostilities between the US and Iran could see all that go by the wayside rather quickly, as the macro landscape still has more attention on it at this point than the micro does.
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Good morning. End of another month. Today is first notice day for May futures. Wheat deliveries were higher than expected as the Andersons put out 400 contracts in Maumee. Corn deliveries were light at 19 contracts. KC wheat deliveries totaled 578 contracts and bean oil was 400. Crude oil is weaker this morning, which is also taking some strength out of ag markets. Higher crude and a multitude of refinery issues in the Midwest have sent gas prices to 4-year highs this week. Some areas of the Midwest are within a few cents of all-time record prices. Not much change in regard to Iran, but President Trump is reportedly getting a briefing today on what another attack on Iran would consist of. Cool temps continue to dominate the Midwest with the forecast adding some light rains back in the forecast next week for a line from Missouri to Ohio. Not ideal as it was hopeful that there would be a 7 to 10 day stretch of cool but also dry weather. Heavy rains will dot the southern U.S. with the Delta seeing sizable totals. Still not a lot of rain for the western KS areas. December corn got within a tick of the $5.00 mark again last night but can’t get through it quite yet. July corn set a new recent high last night but is now lower. A close below $4.74 would be an outside day down and would not be a friendly look on the chart. July beans did trade out of the recent range on the high side last night but is safely back in at the current time. Corn sales this morning were good again at 62.9 mbu. Bean sales were ok at 9.5 mbu. with wheat sales at 8.3 mbu. for old crop and 5.8 mbu. for new crop. It should be a quieter session now that May is mostly cleaned up and the board is lower. Have a safe day.
... See MoreSee Less
News Announcements
4.30.26 MIDCO AFTERNOON COMMENTS
🌽 Corn Market Update
Spot corn futures ended their winning streak on Thursday, closing lower in a somewhat corrective fashion amid heavier selling in the wheat and crude oil markets and as there continues to be little in the way of market-specific fundamentals to drive values. Overnight deliveries were expectedly light last night from the CME Group, while farmer selling was also indicated to have dried up a bit throughout the day today following good sales earlier in the week. Aside from that, its the same themes present this afternoon and into the end of the week tomorrow that have been in place, with the bottom line for market pricing remaining what President Trump's next move is in Iran. We continue to be of the opinion that once the Strait is reopened there will be some measure of war premium extracted from prices, but when that occurs and what amount of premium that is remain to be seen.
🌱 Soybean Market Update
The bean market closed on either side of unchanged on Thursday, as trader focus remains largely centered on the products of meal and oil with crush margins remaining at or near record levels. Bean oil scoring new contract highs despite energies being lower for most of the day is notable, and lends credence to discussions had previously this week mentioning that while strength in bean oil is still somewhat tied to crude, there is also a market need to ration exportable supplies amid the government's new biofuel blending mandates for the year. The problem though, and what we'll call part three of the market rally, is that even if supplies are rationed, the US is still going to need feedstock imports to satisfy demand. This means the market must reach a price level that makes those imports economically feasible, hence the current rally.
🌾 Wheat Market Update
Wheat futures were the downside leader in the space Thursday, with Plains moisture being cited generally as the reason for the profit taking ahead of the final trade day of the week tomorrow. From here, it wouldn't take much of anything to see a 20 or 30 cent correction occur back down the low $6 area, with movement from there then likely being determined by crop data that becomes more available beyond another 4-6 weeks. However, additional weekend hostilities between the US and Iran could see all that go by the wayside rather quickly, as the macro landscape still has more attention on it at this point than the micro does.
... See MoreSee Less
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4.30.26 MIDCO MORNING COMMENTS
Good morning. End of another month. Today is first notice day for May futures. Wheat deliveries were higher than expected as the Andersons put out 400 contracts in Maumee. Corn deliveries were light at 19 contracts. KC wheat deliveries totaled 578 contracts and bean oil was 400. Crude oil is weaker this morning, which is also taking some strength out of ag markets. Higher crude and a multitude of refinery issues in the Midwest have sent gas prices to 4-year highs this week. Some areas of the Midwest are within a few cents of all-time record prices. Not much change in regard to Iran, but President Trump is reportedly getting a briefing today on what another attack on Iran would consist of. Cool temps continue to dominate the Midwest with the forecast adding some light rains back in the forecast next week for a line from Missouri to Ohio. Not ideal as it was hopeful that there would be a 7 to 10 day stretch of cool but also dry weather. Heavy rains will dot the southern U.S. with the Delta seeing sizable totals. Still not a lot of rain for the western KS areas. December corn got within a tick of the $5.00 mark again last night but can’t get through it quite yet. July corn set a new recent high last night but is now lower. A close below $4.74 would be an outside day down and would not be a friendly look on the chart. July beans did trade out of the recent range on the high side last night but is safely back in at the current time. Corn sales this morning were good again at 62.9 mbu. Bean sales were ok at 9.5 mbu. with wheat sales at 8.3 mbu. for old crop and 5.8 mbu. for new crop. It should be a quieter session now that May is mostly cleaned up and the board is lower. Have a safe day.
... See MoreSee Less
0 CommentsComment on Facebook
0 CommentsComment on Facebook