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
Don’t miss out….
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
9.26.25 CLOSING TIMES
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Paxton Location will be open until 9 pm tonight. All other locations will be closing at 7 pm.
All locations will be open at 7:30 Saturday 9.27.25
12.04.25 MIDCO AFTERNOON COMMENTS
12.04.25 MIDCO MORNING COMMENTS 0 CommentsComment on Facebook
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🌽 Corn Market Update
Though they made new lows for the week first early this morning, corn futures were able to turn around and finish Thursday higher following a decent chunk of sales on this morning's daily reporting system. Chart-wise, the March contract stopped right at the 200-day moving average at 4.48, which marks the line in the sand going in the weekend. Should the market manage a close above here tomorrow, which would be just the third time since early summer, futures likely make a run at the highs made about a month ago; but should the market again close below here, we would assume a test of the 100-day at 4.36 1/2 occurs sooner than later. Aside from this, commitment of traders data that will be released tomorrow afternoon remains old news and we don't see a lot else notable on the horizon between now and the weekend.
🌱 Soybean Market Update
Like corn, soybean futures were able to close higher on Thursday after making new lows for the week this morning and also despite rumored sales to China on Wednesday not showing up on this morning's daily wire. Traders are asking the question "what makes prices go higher from here?" If China shows up on the daily wire for a million tons of beans tomorrow do futures rally 50 cents? 20 cents? Do they rally at all? Its a fair question from the standpoint if the funds have already gotten long and front ran the story, who's to step in and do all this buying? Aside from that, we would see the answer as a supply hiccup out of South America, and every day that goes by is one day closer to this not happening. 100-day beans will be ready to harvest in parts of Brazil in another 30 days.
🌾 Wheat Market Update
Wheat futures had a mostly positive day all things considered on Thursday, as closes that were slightly higher were some 8-10 cents off the lows made earlier in the session. Continuing with the theme of growing global production, Canada was added to the list this morning of countries who have seen their production forecasts rise in recent weeks, along with Australia and Argentina, and this doesn't help flat price. Until this changes, we see US wheat futures as continuing to be rangebound in the lower half of the $5 range barring something unforeseen happening with the Russia/Ukraine situation.
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Good morning. Grain prices are mixed with small ranges seen overnight. Soybeans are higher on hopes of export flashes to China being shown today. Corn and wheat showed little direction overnight. The USDA is still playing catchup on export sales reports. This morning the data for October 30th will be released. Secretary Bessent stated yesterday that the deadline for China to buy 12 MMT is now the end of February, which is back from the earlier announced timeline of December 31st. Announced sales have totaled 2.251 MMT, but there have been some additional sales that either haven’t been flashed yet or will show up in the export sales reports once we get current. Deliveries totaled 95 bean oil and no corn. The USMCA, formerly NAFTA, is up for a review next year. The White House is saying that they may let it expire if new trade considerations are not enacted. Also, they suggested that separate deals may be executed. The White House also noted yesterday that CAFÉ standards for cars (miles per gallon requirements) will be reduced to 34.5 mpg by 2031. It would be reduced from 50.4 mpg, which was set forth under the previous administration. That doesn’t sound like bad news for ethanol. Cold temps will dominate the Midwest through the end of the week. A few snow showers are possible next week, but no big totals are projected. River traffic could slow if it stays cold, especially if water levels continue to fall out. The export sales report this morning (reminder that is for October 30th) showed corn sales at an impressive 78.5 mbu. Total commitments through this report were 1.471 bbu., or 48% of the 3.075 bbu goal. Very impressive. Beans sales were strong at 45.9 mbu. Total bean commitments through this date stand at 631.8 mbu, which is 393 mbu. below last year’s total. Wheat sales totaled 18.6 mbu. China bean activity continues to be the driver for the daily changes in soybeans. Corn and wheat are largely followers. Have a warm day.
... See MoreSee Less
9.26.25 CLOSING TIMES
Load More
Paxton Location will be open until 9 pm tonight. All other locations will be closing at 7 pm.
All locations will be open at 7:30 Saturday 9.27.25
12.04.25 MIDCO AFTERNOON COMMENTS
🌽 Corn Market Update
Though they made new lows for the week first early this morning, corn futures were able to turn around and finish Thursday higher following a decent chunk of sales on this morning's daily reporting system. Chart-wise, the March contract stopped right at the 200-day moving average at 4.48, which marks the line in the sand going in the weekend. Should the market manage a close above here tomorrow, which would be just the third time since early summer, futures likely make a run at the highs made about a month ago; but should the market again close below here, we would assume a test of the 100-day at 4.36 1/2 occurs sooner than later. Aside from this, commitment of traders data that will be released tomorrow afternoon remains old news and we don't see a lot else notable on the horizon between now and the weekend.
🌱 Soybean Market Update
Like corn, soybean futures were able to close higher on Thursday after making new lows for the week this morning and also despite rumored sales to China on Wednesday not showing up on this morning's daily wire. Traders are asking the question "what makes prices go higher from here?" If China shows up on the daily wire for a million tons of beans tomorrow do futures rally 50 cents? 20 cents? Do they rally at all? Its a fair question from the standpoint if the funds have already gotten long and front ran the story, who's to step in and do all this buying? Aside from that, we would see the answer as a supply hiccup out of South America, and every day that goes by is one day closer to this not happening. 100-day beans will be ready to harvest in parts of Brazil in another 30 days.
🌾 Wheat Market Update
Wheat futures had a mostly positive day all things considered on Thursday, as closes that were slightly higher were some 8-10 cents off the lows made earlier in the session. Continuing with the theme of growing global production, Canada was added to the list this morning of countries who have seen their production forecasts rise in recent weeks, along with Australia and Argentina, and this doesn't help flat price. Until this changes, we see US wheat futures as continuing to be rangebound in the lower half of the $5 range barring something unforeseen happening with the Russia/Ukraine situation.
... See MoreSee Less
0 CommentsComment on Facebook
12.04.25 MIDCO MORNING COMMENTS
Good morning. Grain prices are mixed with small ranges seen overnight. Soybeans are higher on hopes of export flashes to China being shown today. Corn and wheat showed little direction overnight. The USDA is still playing catchup on export sales reports. This morning the data for October 30th will be released. Secretary Bessent stated yesterday that the deadline for China to buy 12 MMT is now the end of February, which is back from the earlier announced timeline of December 31st. Announced sales have totaled 2.251 MMT, but there have been some additional sales that either haven’t been flashed yet or will show up in the export sales reports once we get current. Deliveries totaled 95 bean oil and no corn. The USMCA, formerly NAFTA, is up for a review next year. The White House is saying that they may let it expire if new trade considerations are not enacted. Also, they suggested that separate deals may be executed. The White House also noted yesterday that CAFÉ standards for cars (miles per gallon requirements) will be reduced to 34.5 mpg by 2031. It would be reduced from 50.4 mpg, which was set forth under the previous administration. That doesn’t sound like bad news for ethanol. Cold temps will dominate the Midwest through the end of the week. A few snow showers are possible next week, but no big totals are projected. River traffic could slow if it stays cold, especially if water levels continue to fall out. The export sales report this morning (reminder that is for October 30th) showed corn sales at an impressive 78.5 mbu. Total commitments through this report were 1.471 bbu., or 48% of the 3.075 bbu goal. Very impressive. Beans sales were strong at 45.9 mbu. Total bean commitments through this date stand at 631.8 mbu, which is 393 mbu. below last year’s total. Wheat sales totaled 18.6 mbu. China bean activity continues to be the driver for the daily changes in soybeans. Corn and wheat are largely followers. Have a warm day.
... See MoreSee Less
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0 CommentsComment on Facebook