Ludlow Cooperative Elevator Co. is governed by an 11-member board of directors. These board members are elected by the patrons at the annual meeting for a term of one year.
We have two current board members who have indicated that they will not be running for reelection to the board for Fiscal Year 2026.
We have chosen a nominating committee to source names of patrons who would be willing to serve on the board of directors. To help with this process, we are inviting anyone who may be interested in running for a position on the board to contact the Ludlow office, a current board member, or a member of nominating committee. We will give the names of interested individuals to the nominating committee for consideration as they assemble a slate of possible directors. The directors are elected at the Annual meeting
The nominating committee this year is:
Dave Monk – Danforth
Ross Cluver – Buckley
Rod Loschen – Ludlow
Bruce Ristow – Cissna Park (GW)
Ron Bork – Piper City
You must be a member of cooperative to serve on the board.
The Board of Directors meet every month at the office in Ludlow.
The Board Meetings are regularly held on the third Wednesday of the month.
Meetings are normally held in the evening and start on time:
7:00 pm November-March
8:00 pm April-October
Meetings may occasionally be held at other times as circumstances dictate.
Directors are expected to attend all meetings. It is unusual to have a director absent.
Meetings are occasionally rescheduled due to a conflict if the other directors are available and agree.
Meetings normally last 3 to 3 ½ hours.
It’s time to start marketing for the 2025 new crop year we are offering… Ludlow Coop’s Average Pricing Program or you can pick your Average Pricing Weeks
Average Pricing Contract
Helps you to create a base for a marketing plan on your 2025 crop
Price grain when the average historical seasonal values are at their highest (January through June).
Still leave a good portion of your grain to market (Recommend to commit no more than 20-35% of an average crop).
A good way to help your landlords get some pricing done and take the emotion out of pricing grain.
Extends the producers marketing window, selling ahead instead of after harvest (19 months vs. 9 months).
Ludlow Coop’s Average Pricing Program (using our set weeks):
Details:
Weekly pricing will be done at noon each Wednesday.
Pricings will run from February 12th through June 25th (20 weeks total).
Your final price will be an average of these 20 weekly pricings.
Prices will be based on the December (CZ25) corn futures and November (SX25) bean Futures.
Contracts will be for fall 2025 delivery corn and soybeans. All you will need to do is let us know how many bushels you want to put into the program along with which Ludlow Coop location you will be delivering to and a purchase contract will be written when you sign up
(No pricing on contract until the end of program).
There is no cost to the producer for this program. Sign up no later than Tuesday, February 11th.
Contract must be signed & received by a Ludlow Coop Facility prior to the start date.
Patron’s Choice Average price contract (your choice of consecutive weeks):
*** patrons can choose your own pricing window ***
Details:
Weekly pricing will be done at noon each Wednesday.
YOU choose the pricing period between the dates of February 05, 2025 thru August 27, 2025.
Must be consecutive weeks – you choose the number of weeks, prior to contract start date.
Prices will be based off December Corn futures (CZ25)and November Bean futures (SX25).
Contracts will be for fall 2025 delivery corn and/or soybeans.
Bushels to be stated prior to start of weekly pricing.
There is no cost to the producer for this program.
Contract must be signed & received by a Ludlow Coop facility prior to YOUR start date.
Be sure to give us your email address as weekly pricing info will be emailed. Final pricing and a copy of your contract updated with the average price will be mailed to you at the end of the programs.
Contact one of the Ludlow offices for more information and to get signed up!
Corn deliveries beginning 12-2-24 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 2:00pm on 8-31-25, new 2025 crop rates will go into effect at that time.
Corn deliveries beginning 12-2-24 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 8-31-25, new 2025 crop rates will go into effect at that time.
Bean deliveries beginning 11-18-24 are eligible for: Delayed pricing –free no moisture averaging (within a 30 day delivery period) and shrunk to 13.0%
FREE DP is until 2:00pm on 8-31-25, new 2025 crop rates will go into effect at that time.
Bean deliveries beginning 11-18-24 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 8-31-25, new 2025 crop rates will go into effect at that time.
OPEC+, led by Saudi Arabia and Russia, is boosting oil output by 548,000 barrels per day starting in September, fully reversing its earlier 2.2 million bpd cut to grab more global market share despite soft oil prices. Brent and WTI prices dipped but later recovered as markets weighed demand prospects. For U.S. farmers, this could mean lower fuel and fertilizer costs, easing production budgets a bit. But weaker demand signals from China and Europe might hurt U.S. ag export demand, and softer crude prices could squeeze ethanol margins, adding uncertainty for corn markets.
President Trump is moving fast to replace Fed Governor Adriana Kugler after her surprise resignation, giving him a chance to tighten his grip on the Federal Reserve. He’s also shaking things up at the Bureau of Labor Statistics, ousting its head over weak jobs numbers, which has some worried about politics creeping into economic data. Meanwhile, Fed official John Williams is keeping an open mind for the September meeting but leans toward a slightly tight monetary policy, noting big downward revisions to May and June payrolls. Markets, though, are betting hard—90% odds—on a rate cut next month. Grains:
Trade War: U.S. Trade Representative Jamieson Greer said the August 12 U.S.–China tariff truce deadline is still up in the air, with no final decision despite constructive Stockholm talks that didn’t secure an extension. Both sides lean toward renewing the 90-day pause, pending President Trump’s call, to keep room for broader trade talks or a Trump–Xi summit, though failure could spike tariffs. Japan’s Economy Minister Akazawa slammed the U.S. for shaking up global trade norms, noting Japan’s levy cut without a formal agreement to avoid delays. Meanwhile, Canada’s Trade Minister Dominic LeBlanc remains optimistic about easing the 35% U.S. tariffs on Canadian exports after missing the August 1 deadline, with upcoming talks between Prime Minister Carney and Trump, plus meetings with Mexico’s President Sheinbaum to bolster regional trade ties amid rising North American tensions.
Weather Watch
Short Term: Over the past few days, high pressure brought dry weather and cooler-than-normal temperatures to the Midwest and Ohio Valley, while disturbances triggered showers and thunderstorms across the Plains, with 0.5-1.0 inches of rain from the Dakotas to the Texas Panhandle, and some higher totals. The Ag Belt will stay mostly dry with cooler temperatures early this week, but a warming trend will push temperatures above normal over the next 5 days, with above-normal temperatures favored through mid-August. Precipitation risks will increase, though less intense than July’s active pattern.
Long Term: In the extended outlook, limited agricultural risks persist in the Midwest through early August due to a mid-level jet across the Northern Plains. A high-pressure ridge will expand in the Southwest, bringing warmer and drier conditions to the Southern Plains. Heat is expected to build across the Ag Belt, particularly in the Southern Plains, into the second week.
Thank you for your support. Have a great Monday. ... See MoreSee Less
OPEC+, led by Saudi Arabia and Russia, is boosting oil output by 548,000 barrels per day starting in September, fully reversing its earlier 2.2 million bpd cut to grab more global market share despite soft oil prices. Brent and WTI prices dipped but later recovered as markets weighed demand prospects. For U.S. farmers, this could mean lower fuel and fertilizer costs, easing production budgets a bit. But weaker demand signals from China and Europe might hurt U.S. ag export demand, and softer crude prices could squeeze ethanol margins, adding uncertainty for corn markets.
President Trump is moving fast to replace Fed Governor Adriana Kugler after her surprise resignation, giving him a chance to tighten his grip on the Federal Reserve. He’s also shaking things up at the Bureau of Labor Statistics, ousting its head over weak jobs numbers, which has some worried about politics creeping into economic data. Meanwhile, Fed official John Williams is keeping an open mind for the September meeting but leans toward a slightly tight monetary policy, noting big downward revisions to May and June payrolls. Markets, though, are betting hard—90% odds—on a rate cut next month. Grains:
Trade War: U.S. Trade Representative Jamieson Greer said the August 12 U.S.–China tariff truce deadline is still up in the air, with no final decision despite constructive Stockholm talks that didn’t secure an extension. Both sides lean toward renewing the 90-day pause, pending President Trump’s call, to keep room for broader trade talks or a Trump–Xi summit, though failure could spike tariffs. Japan’s Economy Minister Akazawa slammed the U.S. for shaking up global trade norms, noting Japan’s levy cut without a formal agreement to avoid delays. Meanwhile, Canada’s Trade Minister Dominic LeBlanc remains optimistic about easing the 35% U.S. tariffs on Canadian exports after missing the August 1 deadline, with upcoming talks between Prime Minister Carney and Trump, plus meetings with Mexico’s President Sheinbaum to bolster regional trade ties amid rising North American tensions.
Weather Watch
Short Term: Over the past few days, high pressure brought dry weather and cooler-than-normal temperatures to the Midwest and Ohio Valley, while disturbances triggered showers and thunderstorms across the Plains, with 0.5-1.0 inches of rain from the Dakotas to the Texas Panhandle, and some higher totals. The Ag Belt will stay mostly dry with cooler temperatures early this week, but a warming trend will push temperatures above normal over the next 5 days, with above-normal temperatures favored through mid-August. Precipitation risks will increase, though less intense than July’s active pattern.
Long Term: In the extended outlook, limited agricultural risks persist in the Midwest through early August due to a mid-level jet across the Northern Plains. A high-pressure ridge will expand in the Southwest, bringing warmer and drier conditions to the Southern Plains. Heat is expected to build across the Ag Belt, particularly in the Southern Plains, into the second week.
Thank you for your support. Have a great Monday. ... See MoreSee Less
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