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
12.18.25 MIDCO AFTERNOON COMMENTS
12.18.25 MIDCO MORNING COMMENTS 0 CommentsComment on Facebook
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🌽 Corn Market Update
After starting the week lower, corn futures put in their second straight higher close on Thursday and are now right back near chart-based resistance with just one trading day left in the week. For tomorrow, the 200-day moving average at 4.46 3/8 will likely provide pretty significant resistance, much like it has since late October. Like we've talked about all week, with the fundamental side of the space likely to remain slow, its this technical trading that probably controls price action into the end of the year. Traders are firmly in wait-and-se mode for the January crop report, which looks to offer the next fundamental input to prices.
🌱 Soybean Market Update
Soybean futures saw their fifth straight session of lower closes on Thursday, as it seems the fund longs are saying 'get me out' ahead of the weekend and the coming holiday. With the sell-off seen over the last month, prices are now right back into the middle of the same trading range witnessed for the bulk of the 2025 calendar year, which has traders asking the question of do we have a trade deal or don't we. Futures prices are back below where the China buying rally started from and the only thing that's really new is we're five weeks of weather closer to knowing what South America will have for supplies. Obviously a record crop there is negative US futures, but we're a bit surprised at just how fast the China premium has been given back. Like we mentioned in corn, traders want to something new to talk about, and we don't know that this happens until after the first of the year.
🌾 Wheat Market Update
The wheat market avoided making new contract lows on Thursday, albeit barely, as prices here were drug to the upside by corn futures but showed little vigor of their own otherwise. With RSI below 30 on the charts we're not necessarily surprised in the small pause, but don't know that we would go so far as to call a bottom in yet as trade over the next two week's will be slow and could produce a drifting price environment if there's little for the bulls to chew on. Abundant global supplies remain the number one market feature into the start of the New Year.
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Good morning. Grain prices are mixed to start the day. Wheat continues to struggle on higher global production and the news that China cancelled a white wheat purchase. Soybeans have seemingly moved on past the recent China purchase and have basically priced in the totals so far. Decent South American weather also keeps a lid on beans. Corn is hanging in there on good demand with another strong week of ethanol numbers yesterday and the export pace remains strong. Meanwhile, the producer remains uninterested. Basis levels are relatively flat, but a few processors are perking up here and there due to the slow farmer pace. President Trump talked last night, with no real new news for commodity markets. In his 20-minute speech, he pretty much blamed everything on former President Biden, who he mentioned 7 times. The Bank of England cut rates by ¼ point this morning. The European Central Bank is expected to keep rates steady in its decision later this morning. The CPI for November will be out this morning, with an inflation number expected at +3.0%. This will be the first official number since before the shutdown. An export sales report will be out this morning, with data through November 27th. Should be a warm day today but there is precip around. Extremely high winds hit the west yesterday with some gusts as high as 100 mph. Those winds will move east today but will temper a bit. November corn imports into China totaled 560K tons. Year to date corn imports for China are 1.85 MMT, down 86% from a year ago. Now that the gap has filled in January beans, the chart shows support at the 200-day moving average, which crosses today at $10.54 ½. A breach of that level opens further downside to $10.20. Have a safe day.
... See MoreSee Less
12.18.25 MIDCO AFTERNOON COMMENTS
🌽 Corn Market Update
After starting the week lower, corn futures put in their second straight higher close on Thursday and are now right back near chart-based resistance with just one trading day left in the week. For tomorrow, the 200-day moving average at 4.46 3/8 will likely provide pretty significant resistance, much like it has since late October. Like we've talked about all week, with the fundamental side of the space likely to remain slow, its this technical trading that probably controls price action into the end of the year. Traders are firmly in wait-and-se mode for the January crop report, which looks to offer the next fundamental input to prices.
🌱 Soybean Market Update
Soybean futures saw their fifth straight session of lower closes on Thursday, as it seems the fund longs are saying 'get me out' ahead of the weekend and the coming holiday. With the sell-off seen over the last month, prices are now right back into the middle of the same trading range witnessed for the bulk of the 2025 calendar year, which has traders asking the question of do we have a trade deal or don't we. Futures prices are back below where the China buying rally started from and the only thing that's really new is we're five weeks of weather closer to knowing what South America will have for supplies. Obviously a record crop there is negative US futures, but we're a bit surprised at just how fast the China premium has been given back. Like we mentioned in corn, traders want to something new to talk about, and we don't know that this happens until after the first of the year.
🌾 Wheat Market Update
The wheat market avoided making new contract lows on Thursday, albeit barely, as prices here were drug to the upside by corn futures but showed little vigor of their own otherwise. With RSI below 30 on the charts we're not necessarily surprised in the small pause, but don't know that we would go so far as to call a bottom in yet as trade over the next two week's will be slow and could produce a drifting price environment if there's little for the bulls to chew on. Abundant global supplies remain the number one market feature into the start of the New Year.
... See MoreSee Less
0 CommentsComment on Facebook
12.18.25 MIDCO MORNING COMMENTS
Good morning. Grain prices are mixed to start the day. Wheat continues to struggle on higher global production and the news that China cancelled a white wheat purchase. Soybeans have seemingly moved on past the recent China purchase and have basically priced in the totals so far. Decent South American weather also keeps a lid on beans. Corn is hanging in there on good demand with another strong week of ethanol numbers yesterday and the export pace remains strong. Meanwhile, the producer remains uninterested. Basis levels are relatively flat, but a few processors are perking up here and there due to the slow farmer pace. President Trump talked last night, with no real new news for commodity markets. In his 20-minute speech, he pretty much blamed everything on former President Biden, who he mentioned 7 times. The Bank of England cut rates by ¼ point this morning. The European Central Bank is expected to keep rates steady in its decision later this morning. The CPI for November will be out this morning, with an inflation number expected at +3.0%. This will be the first official number since before the shutdown. An export sales report will be out this morning, with data through November 27th. Should be a warm day today but there is precip around. Extremely high winds hit the west yesterday with some gusts as high as 100 mph. Those winds will move east today but will temper a bit. November corn imports into China totaled 560K tons. Year to date corn imports for China are 1.85 MMT, down 86% from a year ago. Now that the gap has filled in January beans, the chart shows support at the 200-day moving average, which crosses today at $10.54 ½. A breach of that level opens further downside to $10.20. Have a safe day.
... See MoreSee Less
0 CommentsComment on Facebook
0 CommentsComment on Facebook