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
12.24.25 MIDCO MORNING COMMENTS:
12.23.25 MIDCO MORNING COMMENTS: 0 CommentsComment on Facebook
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Good morning. Merry Christmas to you and your family. Early close today at 12:05 central time. The markets will stay closed until 8:30 a.m. central time on Friday. Normal close on Friday.
Open interest was steady yesterday as the funds were quiet. Soybean open interest was down as the January liquidation continues. January options expire on Friday, which will ease another chunk of the open interest in January futures. First notice day for Jan futures is the 31st so continue to review your positions. The commitment of traders’ report yesterday afternoon showed the funds were sizable sellers in corn and beans. This data was as of Dec. 16th so we are almost caught up. The Federal Government is closed today so no weekly ethanol report. With it being closed on Friday as well, data will be limited until next Monday. Argentina is 78% planted on corn and 76% done on beans. Wheat is 84% harvested. Argentina growing conditions are still largely viewed as favorable. Some dry weather is settling in now, but ground conditions are relatively well watered. Eastern Brazil will be on the dry side, and it will be an area to watch as temps rise there in the next few days. Another new high in gold overnight. The better-than-expected 3rd quarter GDP report yesterday (+4.3%) helped push equities to gains and the S&P to a new record high. There is a risk in talking about it too much, but the 200-day moving average continues to loom large for both nearby corn and beans. March corn continues to use the level as strong support, while January beans were able to trade back above it overnight. Use these levels as key indicators over this period when the news cycle is slow. 200-day for March corn = $4.46. 200-day for January beans = $10.55.
Have a safe holiday.
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Good morning. It is the last regular trading day of the week. It is an early close tomorrow and then the market stays closed until Friday morning. Normal close on Friday.
Grain markets are moderately higher again this morning. Short covering was noted as open interest dropped on both corn and beans yesterday. January options expire on Friday. March corn held the 200-day yesterday and it held as the low overnight. It is the opposite for beans, as the January contract is running into resistance at its 200-day. Saw another export flash to China yesterday, with this time including a small piece for the next marketing year. If you assume some of the unknown destinations will head to China, the running total is approaching 70% of the 12 MMT goal. Still no evidence that China has bought any corn from the U.S. but don’t be surprised if it happens at some point. AgRural estimated the Brazil bean crop at 180.4 MMT. This is up from the current USDA figure of 175 MMT. China held a housing meeting the last couple of days and reiterated its 5-year plan to fix that sector. Overall, the housing market has weighed on its economy since Covid. Parts of east-central Brazil will be dry for a few days, but the good start to date on the growing season should limit the concern. Warm temps will dominate the Midwest over the next few days, with some light precip seen. Russia continues its attacks on Ukraine, with more damage noted around Odessa. The export sales report slated for Friday will be out this morning. News for grains is quiet but technical factors are offering support. The seasonal for corn shows a small lift during the holiday season and then a pullback at the first of the year. The seasonal for soybeans shows a choppy pattern to end the year.
Have a safe day.
... See MoreSee Less
12.24.25 MIDCO MORNING COMMENTS:
Good morning. Merry Christmas to you and your family. Early close today at 12:05 central time. The markets will stay closed until 8:30 a.m. central time on Friday. Normal close on Friday.
Open interest was steady yesterday as the funds were quiet. Soybean open interest was down as the January liquidation continues. January options expire on Friday, which will ease another chunk of the open interest in January futures. First notice day for Jan futures is the 31st so continue to review your positions. The commitment of traders’ report yesterday afternoon showed the funds were sizable sellers in corn and beans. This data was as of Dec. 16th so we are almost caught up. The Federal Government is closed today so no weekly ethanol report. With it being closed on Friday as well, data will be limited until next Monday. Argentina is 78% planted on corn and 76% done on beans. Wheat is 84% harvested. Argentina growing conditions are still largely viewed as favorable. Some dry weather is settling in now, but ground conditions are relatively well watered. Eastern Brazil will be on the dry side, and it will be an area to watch as temps rise there in the next few days. Another new high in gold overnight. The better-than-expected 3rd quarter GDP report yesterday (+4.3%) helped push equities to gains and the S&P to a new record high. There is a risk in talking about it too much, but the 200-day moving average continues to loom large for both nearby corn and beans. March corn continues to use the level as strong support, while January beans were able to trade back above it overnight. Use these levels as key indicators over this period when the news cycle is slow. 200-day for March corn = $4.46. 200-day for January beans = $10.55.
Have a safe holiday.
... See MoreSee Less
0 CommentsComment on Facebook
12.23.25 MIDCO MORNING COMMENTS:
Good morning. It is the last regular trading day of the week. It is an early close tomorrow and then the market stays closed until Friday morning. Normal close on Friday.
Grain markets are moderately higher again this morning. Short covering was noted as open interest dropped on both corn and beans yesterday. January options expire on Friday. March corn held the 200-day yesterday and it held as the low overnight. It is the opposite for beans, as the January contract is running into resistance at its 200-day. Saw another export flash to China yesterday, with this time including a small piece for the next marketing year. If you assume some of the unknown destinations will head to China, the running total is approaching 70% of the 12 MMT goal. Still no evidence that China has bought any corn from the U.S. but don’t be surprised if it happens at some point. AgRural estimated the Brazil bean crop at 180.4 MMT. This is up from the current USDA figure of 175 MMT. China held a housing meeting the last couple of days and reiterated its 5-year plan to fix that sector. Overall, the housing market has weighed on its economy since Covid. Parts of east-central Brazil will be dry for a few days, but the good start to date on the growing season should limit the concern. Warm temps will dominate the Midwest over the next few days, with some light precip seen. Russia continues its attacks on Ukraine, with more damage noted around Odessa. The export sales report slated for Friday will be out this morning. News for grains is quiet but technical factors are offering support. The seasonal for corn shows a small lift during the holiday season and then a pullback at the first of the year. The seasonal for soybeans shows a choppy pattern to end the year.
Have a safe day.
... See MoreSee Less
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0 CommentsComment on Facebook