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 Corn futures finished Tuesday lower though were well off their lows scored earlier in the session as a bounce in crude oil allowed prices to rebound a bit through the noon hour. As expected, the WASDE update offered little if anything to traders this morning, with USDA punting on most everything related to the balance sheet. There were no adjustments made to either ethanol use or exports, and there was also no adjustment made to the feed and residual category that most feel is still too high. At the world level, Argentina saw a somewhat surprising minor cut in production to 52 MMTs, which is now even further below the BAGE, who is at 57.0 MMTs, while Brazil and Ukraine both saw minor upward adjustments to offset some of this. Bottom line remains that price discovery in the short term is almost entirely a product of developments in the Middle East, and we don't see this changing much until the quarterly stocks and acreage figures come out at the end of the month.
🌱 Soybean Market Update The soy complex traded mixed on Tuesday, with the beans and the meal able to break from the rest of the pack and trade higher despite lower trade in the oil and a lack of any sort of fundamental news to point to that would've spurred the buying. So long as the prospect of China buying an additional 8 MMTs of US beans between now and fall continues to exist, it will simply be difficult for the USDA to make many adjustments to the current export forecast, which in our opinion, likely keeps ending stocks maybe a touch tighter than they would be otherwise. According to AgResource Co., there's likely some 60-80 cents of 'China premium' in the market at present, which likely gets quickly removed if the prospects of buying lessen. Planted acres will be a question and topic of discussion this spring, but likely will pale in comparison to the prospects of Chinese buying in terms of market risk and influence.
🌾 Wheat Market Update Wheat futures took the brunt of the selling on Tuesday, with the Chicago market leading the space to the downside throughout most of the morning. Major exporter wheat stocks were lowered nearly a million tons today to 76 MMTs, which is still the largest figure in some 16 years, and this is basically all you need to know about the wheat market. World supplies are large and have made US exports generally uncompetitive, meaning without a weather issue somewhere or a pile of funds that need to buy back short positions, further upward price action into $6 territory likely becomes difficult. ... See MoreSee Less
🌽 Corn Market Update Corn futures finished Tuesday lower though were well off their lows scored earlier in the session as a bounce in crude oil allowed prices to rebound a bit through the noon hour. As expected, the WASDE update offered little if anything to traders this morning, with USDA punting on most everything related to the balance sheet. There were no adjustments made to either ethanol use or exports, and there was also no adjustment made to the feed and residual category that most feel is still too high. At the world level, Argentina saw a somewhat surprising minor cut in production to 52 MMTs, which is now even further below the BAGE, who is at 57.0 MMTs, while Brazil and Ukraine both saw minor upward adjustments to offset some of this. Bottom line remains that price discovery in the short term is almost entirely a product of developments in the Middle East, and we don't see this changing much until the quarterly stocks and acreage figures come out at the end of the month.
🌱 Soybean Market Update The soy complex traded mixed on Tuesday, with the beans and the meal able to break from the rest of the pack and trade higher despite lower trade in the oil and a lack of any sort of fundamental news to point to that would've spurred the buying. So long as the prospect of China buying an additional 8 MMTs of US beans between now and fall continues to exist, it will simply be difficult for the USDA to make many adjustments to the current export forecast, which in our opinion, likely keeps ending stocks maybe a touch tighter than they would be otherwise. According to AgResource Co., there's likely some 60-80 cents of 'China premium' in the market at present, which likely gets quickly removed if the prospects of buying lessen. Planted acres will be a question and topic of discussion this spring, but likely will pale in comparison to the prospects of Chinese buying in terms of market risk and influence.
🌾 Wheat Market Update Wheat futures took the brunt of the selling on Tuesday, with the Chicago market leading the space to the downside throughout most of the morning. Major exporter wheat stocks were lowered nearly a million tons today to 76 MMTs, which is still the largest figure in some 16 years, and this is basically all you need to know about the wheat market. World supplies are large and have made US exports generally uncompetitive, meaning without a weather issue somewhere or a pile of funds that need to buy back short positions, further upward price action into $6 territory likely becomes difficult. ... See MoreSee Less
0 CommentsComment on Facebook