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
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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
12.18.25 MIDCO MORNING COMMENTS
12.17.25 MIDCO AFTERNOON COMMENTS 0 CommentsComment on Facebook
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Good morning. Grain prices are mixed to start the day. Wheat continues to struggle on higher global production and the news that China cancelled a white wheat purchase. Soybeans have seemingly moved on past the recent China purchase and have basically priced in the totals so far. Decent South American weather also keeps a lid on beans. Corn is hanging in there on good demand with another strong week of ethanol numbers yesterday and the export pace remains strong. Meanwhile, the producer remains uninterested. Basis levels are relatively flat, but a few processors are perking up here and there due to the slow farmer pace. President Trump talked last night, with no real new news for commodity markets. In his 20-minute speech, he pretty much blamed everything on former President Biden, who he mentioned 7 times. The Bank of England cut rates by ¼ point this morning. The European Central Bank is expected to keep rates steady in its decision later this morning. The CPI for November will be out this morning, with an inflation number expected at +3.0%. This will be the first official number since before the shutdown. An export sales report will be out this morning, with data through November 27th. Should be a warm day today but there is precip around. Extremely high winds hit the west yesterday with some gusts as high as 100 mph. Those winds will move east today but will temper a bit. November corn imports into China totaled 560K tons. Year to date corn imports for China are 1.85 MMT, down 86% from a year ago. Now that the gap has filled in January beans, the chart shows support at the 200-day moving average, which crosses today at $10.54 ½. A breach of that level opens further downside to $10.20. Have a safe day.
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🌽 Corn Market Update
Outside of some routine corn business to Mexico and another record week of ethanol production, it was another quiet day in the corn market as prices bounced from the 100-day moving average and finished higher for the first time since last week. Choppy is and has been the word, and today's pop back up into the middle of the same trading range that has been seen since the end of harvest does little to alter ongoing themes in the market. The demand side of the space, both domestically with ethanol and on the export front, has been good, but without a yield cut from the USDA in January, its the supply that is limiting rallies as there are currently enough bushels to satisfy that demand.
🌱 Soybean Market Update
Soybean futures traded lower throughout the day on Wednesday, as another announced round of flash sales to China was unable to offset what continues to be negative chart momentum that has seemingly had ahold of the market for the last several days. We wouldn't be surprised to see a small dead-cat-bounce into the end of the week amid the rapidly advancing oversold condition on the charts, but if this doesn't occur and futures continue to press lower, there just isn't a lot in the way of support between where we are now and the lower end of the $10 range that largely held the market for most of 2025. Regardless of what China buys in the short term, Brazil beans are offered more than a dollar/ton cheaper than those from the US for February on, and this will significantly limit the amount of business that will be done elsewhere once these beans are available for export. This is the limiting factor in the market today and why we've continued to stress for weeks that a domestic biofuel policy is needed to keep US supplies from turning burdensome with normal weather and a rotational increase in acres this spring.
🌾 Wheat Market Update
Wheat futures saw another new round of contract lows scored on Wednesday, as sell the rumor, sell the fact type action was seen on this morning's announced sales cancelation by China. Like we talked about on Monday, amid massive Argentine supplies that have significantly dropped their export values to levels well below anywhere else in the world, we're not sure why the market is reacting so aggressively to the wash-out of a few cargos unless there is also some sentiment that peace talks in Ukraine are progressing or something else is going on around the world that we're not seeing. When looked at in the scope of the continuation chart and the overall market, the brief blip through October and November is looking more and more by the day like a one-off in the midst of the broader market downtrend that has largely been in place since the market peaked on the initial Russian invasion in 2022.
... See MoreSee Less
12.18.25 MIDCO MORNING COMMENTS
Good morning. Grain prices are mixed to start the day. Wheat continues to struggle on higher global production and the news that China cancelled a white wheat purchase. Soybeans have seemingly moved on past the recent China purchase and have basically priced in the totals so far. Decent South American weather also keeps a lid on beans. Corn is hanging in there on good demand with another strong week of ethanol numbers yesterday and the export pace remains strong. Meanwhile, the producer remains uninterested. Basis levels are relatively flat, but a few processors are perking up here and there due to the slow farmer pace. President Trump talked last night, with no real new news for commodity markets. In his 20-minute speech, he pretty much blamed everything on former President Biden, who he mentioned 7 times. The Bank of England cut rates by ¼ point this morning. The European Central Bank is expected to keep rates steady in its decision later this morning. The CPI for November will be out this morning, with an inflation number expected at +3.0%. This will be the first official number since before the shutdown. An export sales report will be out this morning, with data through November 27th. Should be a warm day today but there is precip around. Extremely high winds hit the west yesterday with some gusts as high as 100 mph. Those winds will move east today but will temper a bit. November corn imports into China totaled 560K tons. Year to date corn imports for China are 1.85 MMT, down 86% from a year ago. Now that the gap has filled in January beans, the chart shows support at the 200-day moving average, which crosses today at $10.54 ½. A breach of that level opens further downside to $10.20. Have a safe day.
... See MoreSee Less
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12.17.25 MIDCO AFTERNOON COMMENTS
🌽 Corn Market Update
Outside of some routine corn business to Mexico and another record week of ethanol production, it was another quiet day in the corn market as prices bounced from the 100-day moving average and finished higher for the first time since last week. Choppy is and has been the word, and today's pop back up into the middle of the same trading range that has been seen since the end of harvest does little to alter ongoing themes in the market. The demand side of the space, both domestically with ethanol and on the export front, has been good, but without a yield cut from the USDA in January, its the supply that is limiting rallies as there are currently enough bushels to satisfy that demand.
🌱 Soybean Market Update
Soybean futures traded lower throughout the day on Wednesday, as another announced round of flash sales to China was unable to offset what continues to be negative chart momentum that has seemingly had ahold of the market for the last several days. We wouldn't be surprised to see a small dead-cat-bounce into the end of the week amid the rapidly advancing oversold condition on the charts, but if this doesn't occur and futures continue to press lower, there just isn't a lot in the way of support between where we are now and the lower end of the $10 range that largely held the market for most of 2025. Regardless of what China buys in the short term, Brazil beans are offered more than a dollar/ton cheaper than those from the US for February on, and this will significantly limit the amount of business that will be done elsewhere once these beans are available for export. This is the limiting factor in the market today and why we've continued to stress for weeks that a domestic biofuel policy is needed to keep US supplies from turning burdensome with normal weather and a rotational increase in acres this spring.
🌾 Wheat Market Update
Wheat futures saw another new round of contract lows scored on Wednesday, as sell the rumor, sell the fact type action was seen on this morning's announced sales cancelation by China. Like we talked about on Monday, amid massive Argentine supplies that have significantly dropped their export values to levels well below anywhere else in the world, we're not sure why the market is reacting so aggressively to the wash-out of a few cargos unless there is also some sentiment that peace talks in Ukraine are progressing or something else is going on around the world that we're not seeing. When looked at in the scope of the continuation chart and the overall market, the brief blip through October and November is looking more and more by the day like a one-off in the midst of the broader market downtrend that has largely been in place since the market peaked on the initial Russian invasion in 2022.
... See MoreSee Less
0 CommentsComment on Facebook
0 CommentsComment on Facebook