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.
• Ag commodities drifted lower yesterday but are beginning the day mostly firmer, with beans leading the move higher. • May26 corn futures will see first resistance this week at the 200-day moving average, around $4.48. Support will be seen between $4.36-$4.39. RSI is in the mid-50s, which continues to be neutral. • May26 soybean futures will find resistance at the recent high of $11.85 and then at $12.00. On the other side, the 10-day moving average marks first support around $11.63. RSI is sitting around 70, which signals overbought territory. • CIF corn dropped fast yesterday with FH March down a dime. Bean CIF also backed off with March now bid +87K. As freight works lower, CIF continues to follow suit. Improved river conditions due to recent rains have helped barges move efficiently and maximize drafts. • The Department of Justice has started an investigation into the U.S. fertilizer industry to determine whether major companies engaged in price-fixing or other antitrust violations. The review was prompted by farmers and policymakers over elevated fertilizer prices, though no companies have been accused of wrongdoing at this time in the investigation. • Officials from the EU have claimed that they do not expect tariffs on their exports to the U.S. to rise to the 15% that Trump has recently stated. Currently the tariff sits at 10% and with increasing trade tensions, the EU has decided to pause the ratification process of a trade deal between the two countries until more in know about the tariff situation in the U.S. • Brazil bean export basis continues to fall and cash rumors had China buying another round of Brazilian beans yesterday, with the total estimated around 10-15 cargos. • Tunisia is looking for beans for April. On the corn side, Thailand is searching for May corn and Honduras for June corn. • The EIA Weekly Ethanol Production report showed production down 1.6% from last week, which marked a new four-week low. Ethanol stocks increased, which was a new marketing year high and the highest weekly figure since the week of April 11 last year. • The Chinese government has indicated plans to increase overall grain output to 725 MMT by 2030. Because China doesn't have the scope to increase farmland or irrigation resources, they plan to prioritize yield gains through technology, soil protection, and seed innovation. • The White House has officially submitted the nomination of Kevin Warsh to the Senate to serve as the Federal Reserve Chair with a 4-year term and as a member of the Fed Reserve Board of Governors for a 14-year term. • Outside markets are trading mixed: crude oil futures are up $2.00+/bbl, the Dow Jones index is down 330-340 points, and the U.S. dollar index is up 30-40 points. • Today's reports include Weekly Export Sales. ... See MoreSee Less
Commodities are mostly lower this morning as the conflict in Iran continues, leaving geopolitics dominating headlines. The war with Iran continues, though the Media is reporting this morning that missile and drone activity from Iran is down nearly 70%. The NY Times has also reported that Iran has quietly reached out to the CIA to discuss ending the conflict. Trump has indicated the U.S. Navy could begin escorting oil tankers through the Strait of Hormuz (if necessary) and has also ordered oil tanker insurance support. Nearly 20% of global oil flows move through the Strait of Hormuz, and recent attacks have disrupted tanker movements, leaving dozens of fully loaded oil tankers anchored in the Persian Gulf. Traders in the futures markets are sharply reducing expectations for interest rate cuts from the Fed, as the war in Iran drives fears of an inflationary surge. While the war in the Middle East has done little to the U.S. stock market, w/the S&P 500 down less than 1% TW and futures firmer this morning, losses have been much steeper in Asia, Latin America, and Europe. In other news, Pres Trump says he plans to visit China "soon" and emphasized that the relationship between the two was in a good place. On the tariff front, Trump has stated the U.S. needs to impose tariffs on countries that manipulate their currencies or trade practices, indicating that a 15% tariff currently in place for 5-mo would be used as leverage against such nations while further reviews/investigations are completed. Weather models show rains for the drier parts of S Brazil and E Paraguay by the weekend while the 10-15 day outlook calls for normal rain throughout most of the rest of Brazil and Argy. The Chinese reportedly picked up 2 cargos of Brazilian beans for May and 1 for April yesterday. In addition, Bangladesh was said to be shopping for April beans, Egypt for May corn, and Colombia for June corn. Brazilian soybean basis levels have softened this week on notable farmer selling. New demand from China for U.S. origin has been slow. CIF beans were weaker yesterday as barge freight gave up more ground. CIF corn was higher nearby but felt a touch weaker for Apr/May. Buyers continue to check both USG and PNW levels w/ indications they are looking for values 5 to 10¢ cheaper to make purchases. Argy remains the comparison point. PNW corn remains competitive into S Korea April through July while NOLA holds an advantage over S America into Spain May through June. Barge freight worked lower yesterday. River conditions are improving and water levels are supported with rain hitting the Midwest this week. U.S. forecasts call for above normal temps/moisture in the Midwest and South. This will continue to add water to rivers and improve subsoil moisture. Crusher bean basis was steady Tuesday except for Fostoria, OH and Spiritwood, ND dropping a nickel nearby. Rail corn saw mixed changes with CSX Columbus 3¢ weaker and CSX Evansville up 3¢ for FH March. Western rail was softer as well, with NE Group 3’s and BN Waverly down 2c. The weekly EIA report will be released mid-morning today. Traders are expecting to see a decline in ethanol production from the previous week and an uptick in stockpiles.
Other headlines this morning: * Overnight March deliveries: 1 corn, 244 soybeans, 0 soymeal, 0 soyoil, 91 KC wheat, & 0 Chi wheat * VSR will decrease on Chicago wheat from 8¢/mo. to 5¢ on March 19th * DOW: trading higher * U.S. dollar trading weaker * Nearby crude oil trading lower * Hegseth says U.S. sub sank Iranian warship off Sri Lanka * The Brazilian machinery/equipment industry slowed in Jan / Net sales revenue fell 17% vs. LY * Russian grain sales to Iran stalled after U.S. attacks * India has canceled more soyoil cargoes as costs have risen sharply vs. alternatives * Brazil soy harvest expected to reach 50% complete (nationally) TW * Brazil beef exporters concerned re: Middle East situation / That dest takes roughly 10% of Brazil’s beef exports * Argy ag exports could be affected by Iran war * Perdue University: U.S. ag sentiment improves in Feb * Bloomington, IL has received roughly 1.06” of rain the last 24 hrs. ... See MoreSee Less
• Ag commodities drifted lower yesterday but are beginning the day mostly firmer, with beans leading the move higher. • May26 corn futures will see first resistance this week at the 200-day moving average, around $4.48. Support will be seen between $4.36-$4.39. RSI is in the mid-50s, which continues to be neutral. • May26 soybean futures will find resistance at the recent high of $11.85 and then at $12.00. On the other side, the 10-day moving average marks first support around $11.63. RSI is sitting around 70, which signals overbought territory. • CIF corn dropped fast yesterday with FH March down a dime. Bean CIF also backed off with March now bid +87K. As freight works lower, CIF continues to follow suit. Improved river conditions due to recent rains have helped barges move efficiently and maximize drafts. • The Department of Justice has started an investigation into the U.S. fertilizer industry to determine whether major companies engaged in price-fixing or other antitrust violations. The review was prompted by farmers and policymakers over elevated fertilizer prices, though no companies have been accused of wrongdoing at this time in the investigation. • Officials from the EU have claimed that they do not expect tariffs on their exports to the U.S. to rise to the 15% that Trump has recently stated. Currently the tariff sits at 10% and with increasing trade tensions, the EU has decided to pause the ratification process of a trade deal between the two countries until more in know about the tariff situation in the U.S. • Brazil bean export basis continues to fall and cash rumors had China buying another round of Brazilian beans yesterday, with the total estimated around 10-15 cargos. • Tunisia is looking for beans for April. On the corn side, Thailand is searching for May corn and Honduras for June corn. • The EIA Weekly Ethanol Production report showed production down 1.6% from last week, which marked a new four-week low. Ethanol stocks increased, which was a new marketing year high and the highest weekly figure since the week of April 11 last year. • The Chinese government has indicated plans to increase overall grain output to 725 MMT by 2030. Because China doesn't have the scope to increase farmland or irrigation resources, they plan to prioritize yield gains through technology, soil protection, and seed innovation. • The White House has officially submitted the nomination of Kevin Warsh to the Senate to serve as the Federal Reserve Chair with a 4-year term and as a member of the Fed Reserve Board of Governors for a 14-year term. • Outside markets are trading mixed: crude oil futures are up $2.00+/bbl, the Dow Jones index is down 330-340 points, and the U.S. dollar index is up 30-40 points. • Today's reports include Weekly Export Sales. ... See MoreSee Less
Commodities are mostly lower this morning as the conflict in Iran continues, leaving geopolitics dominating headlines. The war with Iran continues, though the Media is reporting this morning that missile and drone activity from Iran is down nearly 70%. The NY Times has also reported that Iran has quietly reached out to the CIA to discuss ending the conflict. Trump has indicated the U.S. Navy could begin escorting oil tankers through the Strait of Hormuz (if necessary) and has also ordered oil tanker insurance support. Nearly 20% of global oil flows move through the Strait of Hormuz, and recent attacks have disrupted tanker movements, leaving dozens of fully loaded oil tankers anchored in the Persian Gulf. Traders in the futures markets are sharply reducing expectations for interest rate cuts from the Fed, as the war in Iran drives fears of an inflationary surge. While the war in the Middle East has done little to the U.S. stock market, w/the S&P 500 down less than 1% TW and futures firmer this morning, losses have been much steeper in Asia, Latin America, and Europe. In other news, Pres Trump says he plans to visit China "soon" and emphasized that the relationship between the two was in a good place. On the tariff front, Trump has stated the U.S. needs to impose tariffs on countries that manipulate their currencies or trade practices, indicating that a 15% tariff currently in place for 5-mo would be used as leverage against such nations while further reviews/investigations are completed. Weather models show rains for the drier parts of S Brazil and E Paraguay by the weekend while the 10-15 day outlook calls for normal rain throughout most of the rest of Brazil and Argy. The Chinese reportedly picked up 2 cargos of Brazilian beans for May and 1 for April yesterday. In addition, Bangladesh was said to be shopping for April beans, Egypt for May corn, and Colombia for June corn. Brazilian soybean basis levels have softened this week on notable farmer selling. New demand from China for U.S. origin has been slow. CIF beans were weaker yesterday as barge freight gave up more ground. CIF corn was higher nearby but felt a touch weaker for Apr/May. Buyers continue to check both USG and PNW levels w/ indications they are looking for values 5 to 10¢ cheaper to make purchases. Argy remains the comparison point. PNW corn remains competitive into S Korea April through July while NOLA holds an advantage over S America into Spain May through June. Barge freight worked lower yesterday. River conditions are improving and water levels are supported with rain hitting the Midwest this week. U.S. forecasts call for above normal temps/moisture in the Midwest and South. This will continue to add water to rivers and improve subsoil moisture. Crusher bean basis was steady Tuesday except for Fostoria, OH and Spiritwood, ND dropping a nickel nearby. Rail corn saw mixed changes with CSX Columbus 3¢ weaker and CSX Evansville up 3¢ for FH March. Western rail was softer as well, with NE Group 3’s and BN Waverly down 2c. The weekly EIA report will be released mid-morning today. Traders are expecting to see a decline in ethanol production from the previous week and an uptick in stockpiles.
Other headlines this morning: * Overnight March deliveries: 1 corn, 244 soybeans, 0 soymeal, 0 soyoil, 91 KC wheat, & 0 Chi wheat * VSR will decrease on Chicago wheat from 8¢/mo. to 5¢ on March 19th * DOW: trading higher * U.S. dollar trading weaker * Nearby crude oil trading lower * Hegseth says U.S. sub sank Iranian warship off Sri Lanka * The Brazilian machinery/equipment industry slowed in Jan / Net sales revenue fell 17% vs. LY * Russian grain sales to Iran stalled after U.S. attacks * India has canceled more soyoil cargoes as costs have risen sharply vs. alternatives * Brazil soy harvest expected to reach 50% complete (nationally) TW * Brazil beef exporters concerned re: Middle East situation / That dest takes roughly 10% of Brazil’s beef exports * Argy ag exports could be affected by Iran war * Perdue University: U.S. ag sentiment improves in Feb * Bloomington, IL has received roughly 1.06” of rain the last 24 hrs. ... See MoreSee Less
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