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)
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
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.
Please RSVP by August 22, 2025
The Ludlow Coop Newsletter is available online.
>> See latest Ludlow Coop Newsletter
Don’t miss out….
with the rapidly changing markets we can monitor the CBOT for you during the 17 ½ hours of daily trade.
To take advantage of this FREE service, call or email a settlement location with your pricing offer and the information below.
We keep grain pricing offers up to 30 days; we will reach out to you when/if offers are picked up.
Buckley 217-394-2331
Danforth 815-269-2390
Ludlow 217-396-4111
Goodwine 815-457-2880
Piper City 815-707-3347
9.26.25 CLOSING TIMES
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Paxton Location will be open until 9 pm tonight. All other locations will be closing at 7 pm.
All locations will be open at 7:30 Saturday 9.27.25
10.9.25 MIDCO MORNING COMMENTS
10.8.25 MIDCO AFTERNOON COMMENTS 0 CommentsComment on Facebook
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5 hours ago
Good morning. Grains are mixed as beans pull back from a stronger day yesterday. No USDA report or export sales today. Higher Gulf bids helped support nearby soybean spreads yesterday and spilled over into futures. One firm was a large buyer of Gulf beans yesterday for October. Ownership at the Gulf is becoming a challenge as soybean harvest is mostly done and soybeans are put in bed with the large carries seen in the market. The task now is to firm basis or narrow spreads to entice movement, which was seen again yesterday. Western soybean processor plants were mostly a dime better again yesterday on posted bean bids. Spiritwood, ND has firmed 30 cents since Friday, so now at 90 under the November. This is helped along by firming bids in the PNW. It may not be China, but other soybean export business is getting done. North Dakota is expected to crush 39% of their bean production this year, versus 5% back in 18/19. South Dakota is crushing 42% this year versus 15% in 18/19. For comparison, Illinois is expected to crush 42% of its production this year in state, but it was 38% back in 18/19. Makes a difference for the Dakotas with a weaker export pull this year. China is back from vacation. China also expanded its export controls on rare earths overnight and added 5 more to the list. Day 9 of the shutdown. No luck on passing the spending bills yesterday. Israel and Hamas agreed on a 20-point peace plan. Some talk that Russia’s wheat crop will be smaller this winter due to adverse weather conditions. At the same time, however, Argentina is expected to raise a near record wheat crop. The weather looks dry again for the Midwest, although with a bit cooler temps this time. Still finding resistance for nearby corn and beans at the same moving averages. Day 3 of the index fund roll for November contracts. Details of a producer payment program have been delayed due to the shutdown. Let’s go with another choppy day for futures. Corn and beans really have not gone anywhere over the last two weeks. Corresponds with the lack of data. Have a safe day.
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22 hours ago
🌽 Corn Market Update
Corn futures closed moderately higher on Wednesday as the 'up a penny or two one day, down a penny or two the next day' trade continued for another session. The overhang of supply is still front and center in the market and with little to offset it in the way of demand data, this has continued to be the primary limiting factor in the market despite it being largely priced in. From here, bigger picture price direction will be all about demand over the next 4-5 months and whether South America sees any weather issues that cause hiccups in production. Without the latter, we continue to see board rallies back into the mid 4's as selling opportunities on ideas that world will continue to have plentiful corn supplies through the first half of calendar year 2026.
🌱 Soybean Market Update
Soybean futures found buying on Wednesday despite there being little new to talk about in the complex and there still being nothing new in terms of trade progress with China. One can never quite be sure what the USDA is going to do with production numbers between now and January, but we feel there's been enough harvest data at this point to reasonably assume yields and production will be somewhere in the vicinity of where they are pegged now, which means as far as the US picture is concerned, its almost all about demand from here. Yes, business to non-China destinations has been ok to this point in the marketing year, but that absence is expected to start quickly showing up as this is typically the time when weekly inspections really start to see an uptick due to China loading up on cheap new crop supplies.
... See MoreSee Less
9.26.25 CLOSING TIMES
Load More
Paxton Location will be open until 9 pm tonight. All other locations will be closing at 7 pm.
All locations will be open at 7:30 Saturday 9.27.25
10.9.25 MIDCO MORNING COMMENTS
Good morning. Grains are mixed as beans pull back from a stronger day yesterday. No USDA report or export sales today. Higher Gulf bids helped support nearby soybean spreads yesterday and spilled over into futures. One firm was a large buyer of Gulf beans yesterday for October. Ownership at the Gulf is becoming a challenge as soybean harvest is mostly done and soybeans are put in bed with the large carries seen in the market. The task now is to firm basis or narrow spreads to entice movement, which was seen again yesterday. Western soybean processor plants were mostly a dime better again yesterday on posted bean bids. Spiritwood, ND has firmed 30 cents since Friday, so now at 90 under the November. This is helped along by firming bids in the PNW. It may not be China, but other soybean export business is getting done. North Dakota is expected to crush 39% of their bean production this year, versus 5% back in 18/19. South Dakota is crushing 42% this year versus 15% in 18/19. For comparison, Illinois is expected to crush 42% of its production this year in state, but it was 38% back in 18/19. Makes a difference for the Dakotas with a weaker export pull this year. China is back from vacation. China also expanded its export controls on rare earths overnight and added 5 more to the list. Day 9 of the shutdown. No luck on passing the spending bills yesterday. Israel and Hamas agreed on a 20-point peace plan. Some talk that Russia’s wheat crop will be smaller this winter due to adverse weather conditions. At the same time, however, Argentina is expected to raise a near record wheat crop. The weather looks dry again for the Midwest, although with a bit cooler temps this time. Still finding resistance for nearby corn and beans at the same moving averages. Day 3 of the index fund roll for November contracts. Details of a producer payment program have been delayed due to the shutdown. Let’s go with another choppy day for futures. Corn and beans really have not gone anywhere over the last two weeks. Corresponds with the lack of data. Have a safe day.
... See MoreSee Less
0 CommentsComment on Facebook
10.8.25 MIDCO AFTERNOON COMMENTS
🌽 Corn Market Update
Corn futures closed moderately higher on Wednesday as the 'up a penny or two one day, down a penny or two the next day' trade continued for another session. The overhang of supply is still front and center in the market and with little to offset it in the way of demand data, this has continued to be the primary limiting factor in the market despite it being largely priced in. From here, bigger picture price direction will be all about demand over the next 4-5 months and whether South America sees any weather issues that cause hiccups in production. Without the latter, we continue to see board rallies back into the mid 4's as selling opportunities on ideas that world will continue to have plentiful corn supplies through the first half of calendar year 2026.
🌱 Soybean Market Update
Soybean futures found buying on Wednesday despite there being little new to talk about in the complex and there still being nothing new in terms of trade progress with China. One can never quite be sure what the USDA is going to do with production numbers between now and January, but we feel there's been enough harvest data at this point to reasonably assume yields and production will be somewhere in the vicinity of where they are pegged now, which means as far as the US picture is concerned, its almost all about demand from here. Yes, business to non-China destinations has been ok to this point in the marketing year, but that absence is expected to start quickly showing up as this is typically the time when weekly inspections really start to see an uptick due to China loading up on cheap new crop supplies.
... See MoreSee Less
0 CommentsComment on Facebook
0 CommentsComment on Facebook