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.
🌽 Corn Market Update Despite steady export data during the morning hours, corn futures fell to notable losses on Monday as a sell-off in the crude oil market found its way into corn futures late in the overnight session this morning and stayed there for the rest of the day. With there still being little new in the market from a fundamental standpoint for another week or so aside from weather, computers and algorithms have been locked in on Middle East headlines, which we view as mostly responsible for the influx of new money into the space, and therefor the subsequent rally as well. Given current price levels and the risk at hand, we would see there being more downside risk than upside, but this analysis goes out the door if crude makes a return visit to the $100+/bbl mark. It won't last forever, but grain prices remain tied to energy prices for the time being.
🌱 Soybean Market Update Mixed trade in the soy complex to get the week started on Monday today, with meal trading lower along with the grains while the beans and oil were able to trade marginally higher on the Zeldin comments that the EPA was still planning to announce the RVO before the final day of the month next Tuesday. Amid rising fertilizer costs that most feel will, if anything, influence a small shift to more soybean acres, its the demand buckets of biofuels and exports to China that are being most closely watched as ways to keep ending stocks from ballooning to more burdensome levels should the growing season see normal weather this summer and fall. The other market influence through spring and into summer will likely be fund activity, as near-record length across the complex has left the group with plenty of selling power; we see their covering and the extraction of RVO/China premium as likely being interconnected.
🌾 Wheat Market Update Wheat futures helped lead the space lower on Monday, as forecasts of moisture for the southern plains next week fueled what became more chart-based selling as the day went on. Daytime highs some 20-30 degrees above normal across a lot of the area have raised crop concerns, but coming rains next week look to alleviate those worries, which was likely at least part of the reason for today's pressure. Otherwise, seasonals are also lower from here into the start of harvest in early summer without some sort of weather issue, and the March low at 5.64 1/2 is our first target on the charts. ... See MoreSee Less
Commodities have turned lower this morning after trading mostly higher overnight. Tensions between the U.S. and Iran escalated further over the weekend, w/Pres Trump giving Iran a 2-day deadline from Saturday evening to reopen the Strait of Hormuz or have its power plants bombed. Iran responded by saying if its power facilities were attacked, it would close the straight “completely.” Then this morning, a Truth Social post from Pres Trump indicated progress was made over the weekend and that military operations would be paused for 5 days for negotiations (see below). The post sent stock index futures sharply higher and caused a quick sell-off in grain and soybean futures. The global Brent crude benchmark passed $113/barrel morning prior to the post, while West Texas Intermediate (WTI) hit $100 before easing back. There are reports the IEA is consulting with governments in Asia and Europe re: the release of more stockpiled oil "if necessary" due to the Iran war. Friday’s COT report showed managed money traders buyers of 35,533 contracts of corn in the week ending March 17th, bringing their net-long to 228,804 contracts. They were sellers of 20,110 contracts of soybeans, bringing their net-long position to 201,997 contracts, and buyers of 9,643 contracts of Chicago wheat, making them now net-short 12,702 contracts. Traders will be watching to see if we get an RVO announcement from the EPA on Friday. The March 27th White House ag event is expected to center around the RFS, w/traders expecting higher 26/27 blending targets (around 24 bln. gallons-total and biomass-based diesel near 7 bln. credits). Optically, this would be supportive for soyoil demand and crush margins, while corn’s ethanol demand impact is believed to be largely priced into the market. Traders continue to monitor relations with China in regard to soybeans. After meeting their initial 12 MMT pledge, China’s U.S. soy purchases have stalled. Traders were hoping fresh buying could materialize in front of the Trump/ Xi Summit originally slated for late March, but that meeting has been postponed to mid-May. China has also been fairly quiet on the bean buying front out of Brazil. Reports are circulating this morning that China has eased rules related to the presence of weeds in soybean cargoes shipped by Brazil. Brazil has been actively negotiating soy inspection/safety requirements for shipments to China, following complaints and cargo rejections from Beijing. In regard to feedgrain interest, Egypt was said to be shopping for May corn late last week and Japan for July, but that business was considered mostly routine. The CIF soybean market appeared to have bottomed last Thursday as values crept higher Friday. March was bid +63K w/offers back toward +70K. Apr/May also firmed, w/Apr reportedly changing hands at +74K and May at +83K. For the week, CIF corn was up about a nickel for the week. Export traders report new corn export demand has still been declining w/the lack of ocean freight availability due to the conflict in Iran. The nearby SRW market found a touch more selling LW as barge apps grew. Shippers were said to be loading SRW since the CIF bean market moved to a carry. Nearby barge freight was down for the week for both IL (-20%) and STL (50%). River and processor logistics remained a struggle LW. Nearby IL and STL corn delivered bids were better for the week. Corn processor values held mostly steady, w/a few isolated spots showing better values. River bean locations were better for the week. Crushers showed improvement in values W of the Miss and in Decatur, IL. Record high temps were seen over the weekend across much of the C U.S. A small cold front worked through the WC region of the U.S. yesterday and will continue working east today and tomorrow and conditions are expected to be on the drier side this week.
Per Perdue University, geopolitical tensions and strength in energy markets have shifted U.S. crop budgets back into profitability. At current levels near $4.70 corn and $11.30 soybeans, projected returns are roughly $253/acre for corn and $325/acre for beans on average-quality land. They also noted that these margins remain highly sensitive to volatile input costs and commodity price swings. Year-to-date gains of about 6% in corn, 11% in beans, and 18% in wheat highlight that the improved outlook is largely price-driven and could reverse if markets weaken. ... See MoreSee Less
🌽 Corn Market Update Despite steady export data during the morning hours, corn futures fell to notable losses on Monday as a sell-off in the crude oil market found its way into corn futures late in the overnight session this morning and stayed there for the rest of the day. With there still being little new in the market from a fundamental standpoint for another week or so aside from weather, computers and algorithms have been locked in on Middle East headlines, which we view as mostly responsible for the influx of new money into the space, and therefor the subsequent rally as well. Given current price levels and the risk at hand, we would see there being more downside risk than upside, but this analysis goes out the door if crude makes a return visit to the $100+/bbl mark. It won't last forever, but grain prices remain tied to energy prices for the time being.
🌱 Soybean Market Update Mixed trade in the soy complex to get the week started on Monday today, with meal trading lower along with the grains while the beans and oil were able to trade marginally higher on the Zeldin comments that the EPA was still planning to announce the RVO before the final day of the month next Tuesday. Amid rising fertilizer costs that most feel will, if anything, influence a small shift to more soybean acres, its the demand buckets of biofuels and exports to China that are being most closely watched as ways to keep ending stocks from ballooning to more burdensome levels should the growing season see normal weather this summer and fall. The other market influence through spring and into summer will likely be fund activity, as near-record length across the complex has left the group with plenty of selling power; we see their covering and the extraction of RVO/China premium as likely being interconnected.
🌾 Wheat Market Update Wheat futures helped lead the space lower on Monday, as forecasts of moisture for the southern plains next week fueled what became more chart-based selling as the day went on. Daytime highs some 20-30 degrees above normal across a lot of the area have raised crop concerns, but coming rains next week look to alleviate those worries, which was likely at least part of the reason for today's pressure. Otherwise, seasonals are also lower from here into the start of harvest in early summer without some sort of weather issue, and the March low at 5.64 1/2 is our first target on the charts. ... See MoreSee Less
Commodities have turned lower this morning after trading mostly higher overnight. Tensions between the U.S. and Iran escalated further over the weekend, w/Pres Trump giving Iran a 2-day deadline from Saturday evening to reopen the Strait of Hormuz or have its power plants bombed. Iran responded by saying if its power facilities were attacked, it would close the straight “completely.” Then this morning, a Truth Social post from Pres Trump indicated progress was made over the weekend and that military operations would be paused for 5 days for negotiations (see below). The post sent stock index futures sharply higher and caused a quick sell-off in grain and soybean futures. The global Brent crude benchmark passed $113/barrel morning prior to the post, while West Texas Intermediate (WTI) hit $100 before easing back. There are reports the IEA is consulting with governments in Asia and Europe re: the release of more stockpiled oil "if necessary" due to the Iran war. Friday’s COT report showed managed money traders buyers of 35,533 contracts of corn in the week ending March 17th, bringing their net-long to 228,804 contracts. They were sellers of 20,110 contracts of soybeans, bringing their net-long position to 201,997 contracts, and buyers of 9,643 contracts of Chicago wheat, making them now net-short 12,702 contracts. Traders will be watching to see if we get an RVO announcement from the EPA on Friday. The March 27th White House ag event is expected to center around the RFS, w/traders expecting higher 26/27 blending targets (around 24 bln. gallons-total and biomass-based diesel near 7 bln. credits). Optically, this would be supportive for soyoil demand and crush margins, while corn’s ethanol demand impact is believed to be largely priced into the market. Traders continue to monitor relations with China in regard to soybeans. After meeting their initial 12 MMT pledge, China’s U.S. soy purchases have stalled. Traders were hoping fresh buying could materialize in front of the Trump/ Xi Summit originally slated for late March, but that meeting has been postponed to mid-May. China has also been fairly quiet on the bean buying front out of Brazil. Reports are circulating this morning that China has eased rules related to the presence of weeds in soybean cargoes shipped by Brazil. Brazil has been actively negotiating soy inspection/safety requirements for shipments to China, following complaints and cargo rejections from Beijing. In regard to feedgrain interest, Egypt was said to be shopping for May corn late last week and Japan for July, but that business was considered mostly routine. The CIF soybean market appeared to have bottomed last Thursday as values crept higher Friday. March was bid +63K w/offers back toward +70K. Apr/May also firmed, w/Apr reportedly changing hands at +74K and May at +83K. For the week, CIF corn was up about a nickel for the week. Export traders report new corn export demand has still been declining w/the lack of ocean freight availability due to the conflict in Iran. The nearby SRW market found a touch more selling LW as barge apps grew. Shippers were said to be loading SRW since the CIF bean market moved to a carry. Nearby barge freight was down for the week for both IL (-20%) and STL (50%). River and processor logistics remained a struggle LW. Nearby IL and STL corn delivered bids were better for the week. Corn processor values held mostly steady, w/a few isolated spots showing better values. River bean locations were better for the week. Crushers showed improvement in values W of the Miss and in Decatur, IL. Record high temps were seen over the weekend across much of the C U.S. A small cold front worked through the WC region of the U.S. yesterday and will continue working east today and tomorrow and conditions are expected to be on the drier side this week.
Per Perdue University, geopolitical tensions and strength in energy markets have shifted U.S. crop budgets back into profitability. At current levels near $4.70 corn and $11.30 soybeans, projected returns are roughly $253/acre for corn and $325/acre for beans on average-quality land. They also noted that these margins remain highly sensitive to volatile input costs and commodity price swings. Year-to-date gains of about 6% in corn, 11% in beans, and 18% in wheat highlight that the improved outlook is largely price-driven and could reverse if markets weaken. ... See MoreSee Less
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