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. Grain prices are mixed while soybeans enjoy another morning of double-digit gains. March beans traded above last Friday’s high overnight and to the highest point since early December. The bounce last night was attributed to the South China Morning Post reporting that the U.S. and China would likely extend their current trade truce for another year when the two parties meet in April. This offers hope that China will make do on their 25 MMT bean purchase next year that the White House has committed them to. As usual with China, we will see. Conab was out this morning with Brazil production updates. They put Brazil beans at 178 MMT, up 1.9 MMT from last month. The USDA is at 180 MMT. Conab lowered corn by 0.5 MMT to 138.4 MMT. The 2nd crop was lowered by 1.2 MMT to 109.3 MMT. The USDA is at 131 for total Brazil corn. The U.S. is reportedly close to announcing a trade deal with Taiwan. The index roll for March contracts ends today. The roll has at least partly had some widening influence on nearby corn and bean spreads. In addition, a leveling off for Gulf values has caused some relaxing of spreads. The IL river has seen a little better activity in loadings over the last couple of days. That should hopefully continue to improve as the temps stay warm through next week. Is winter over? The Delta will stay wet over the next few days, while the Midwest is fairly dry. Hopefully rain chances increase over the next few weeks or otherwise it will be a dry planting season in spots. The updated drought monitor below showed increased dryness in Illinois compared to last week. Corn sales were good this morning at 81.5 mbu. Total commitments are 2.393 bbu with 1.026 bbu. undelivered. Bean sales were poor in comparison at 10.4 mbu. Wheat sales were ok at 17.9 mbu. China’s vacation starts next week. Most of the easy beans have now been bought from the producer so rallies should result in slower buying from here. Although there continues to be corn leak out every week from the producer, there is still lots of corn to buy. That will keep a lid on corn futures if we see a big enough bounce. Have a safe day. ... See MoreSee Less
🌽 Corn Market Update Corn futures closed mixed on Wednesday with the front months lower and the deferred months higher on what was a fairly active day in the spread markets on not a lot of new news again. The rebound in ethanol production was a noted positive, but doesn't do a lot to alter pre-existing fundamentals and was somewhat seasonal following the cold snap that led to the reduced production the week prior. From a price standpoint, we continue to see a rally as being dependent on a loss of bushels in either Brazil or Argentina, and this doesn't seem overly likely today.
🌱 Soybean Market Update The soy complex was mixed on Wednesday, with the beans and meal higher while oil traded lower on what ended being a reversal day to the downside after the market scored new highs early this morning. We talked about it yesterday, but until US planting and the acreage debate comes more into focus as we get into March, price direction is going to almost solely be a product of the debate on whether or not China is going to take the additional 8 MMTs rumored by Trump last week. We can't rule it out, but would just note that a lot of commercials in the industry are viewing this figure as doubtful, and think if there is additional business to be had, it will likely be closer to the tune of 3-4 MMTs and not 8. Even without the current 10% tariff from China, US beans are still some 50+ cents/bu more expensive than those out of Brazil, and unless the US is going to offer something concessionary to make up for this, we just have a hard time believing that China is going to make a significant amount of purchases at that big of a price discrepancy.
🌾 Wheat Market Update Wheat futures closed higher on Wednesday on what was mostly a technical day of trade, with their being little to nothing in the way of headlines and as news generally continues to feature the same two or three stories that have circulated for weeks now. For one, there continues to be enough concern, whether warranted or not, over winterkill in Russia to keep funds from overly extending their short position. But at the same time, falling export values in Australia and Argentina are keeping a lid on the world market for the most part, which like we've talked about a lot in recent weeks/months, has produced the generally sideways/lower trade seen throughout most of the back half of 2025 and the first part of 2026. ... See MoreSee Less
Good morning. Grain prices are mixed while soybeans enjoy another morning of double-digit gains. March beans traded above last Friday’s high overnight and to the highest point since early December. The bounce last night was attributed to the South China Morning Post reporting that the U.S. and China would likely extend their current trade truce for another year when the two parties meet in April. This offers hope that China will make do on their 25 MMT bean purchase next year that the White House has committed them to. As usual with China, we will see. Conab was out this morning with Brazil production updates. They put Brazil beans at 178 MMT, up 1.9 MMT from last month. The USDA is at 180 MMT. Conab lowered corn by 0.5 MMT to 138.4 MMT. The 2nd crop was lowered by 1.2 MMT to 109.3 MMT. The USDA is at 131 for total Brazil corn. The U.S. is reportedly close to announcing a trade deal with Taiwan. The index roll for March contracts ends today. The roll has at least partly had some widening influence on nearby corn and bean spreads. In addition, a leveling off for Gulf values has caused some relaxing of spreads. The IL river has seen a little better activity in loadings over the last couple of days. That should hopefully continue to improve as the temps stay warm through next week. Is winter over? The Delta will stay wet over the next few days, while the Midwest is fairly dry. Hopefully rain chances increase over the next few weeks or otherwise it will be a dry planting season in spots. The updated drought monitor below showed increased dryness in Illinois compared to last week. Corn sales were good this morning at 81.5 mbu. Total commitments are 2.393 bbu with 1.026 bbu. undelivered. Bean sales were poor in comparison at 10.4 mbu. Wheat sales were ok at 17.9 mbu. China’s vacation starts next week. Most of the easy beans have now been bought from the producer so rallies should result in slower buying from here. Although there continues to be corn leak out every week from the producer, there is still lots of corn to buy. That will keep a lid on corn futures if we see a big enough bounce. Have a safe day. ... See MoreSee Less
🌽 Corn Market Update Corn futures closed mixed on Wednesday with the front months lower and the deferred months higher on what was a fairly active day in the spread markets on not a lot of new news again. The rebound in ethanol production was a noted positive, but doesn't do a lot to alter pre-existing fundamentals and was somewhat seasonal following the cold snap that led to the reduced production the week prior. From a price standpoint, we continue to see a rally as being dependent on a loss of bushels in either Brazil or Argentina, and this doesn't seem overly likely today.
🌱 Soybean Market Update The soy complex was mixed on Wednesday, with the beans and meal higher while oil traded lower on what ended being a reversal day to the downside after the market scored new highs early this morning. We talked about it yesterday, but until US planting and the acreage debate comes more into focus as we get into March, price direction is going to almost solely be a product of the debate on whether or not China is going to take the additional 8 MMTs rumored by Trump last week. We can't rule it out, but would just note that a lot of commercials in the industry are viewing this figure as doubtful, and think if there is additional business to be had, it will likely be closer to the tune of 3-4 MMTs and not 8. Even without the current 10% tariff from China, US beans are still some 50+ cents/bu more expensive than those out of Brazil, and unless the US is going to offer something concessionary to make up for this, we just have a hard time believing that China is going to make a significant amount of purchases at that big of a price discrepancy.
🌾 Wheat Market Update Wheat futures closed higher on Wednesday on what was mostly a technical day of trade, with their being little to nothing in the way of headlines and as news generally continues to feature the same two or three stories that have circulated for weeks now. For one, there continues to be enough concern, whether warranted or not, over winterkill in Russia to keep funds from overly extending their short position. But at the same time, falling export values in Australia and Argentina are keeping a lid on the world market for the most part, which like we've talked about a lot in recent weeks/months, has produced the generally sideways/lower trade seen throughout most of the back half of 2025 and the first part of 2026. ... See MoreSee Less
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