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 closed quietly higher on Thursday after chopping around throughout most of the session, as steady export data and a rally in crude oil prices weren't enough to spark more sustained buying during the day. Along with the E15 headlines, prices have also seen strength this week on ideas that hot/dry weather in Argentina could be nipping the top end of the crop, though relief is still expected into next week. However, the loss of a million or two million tons isn't enough to alter what is still a plentiful world supply situation, and this is why we've struggled to become more bullish flat price. Exports and demand in general have been great, but its long been true that a bigger picture price rally must be a product of a supply disruption, not a new development in demand, and we don't see this changing any time in the near future.
🌱 Soybean Market Update Soybean futures saw two-sided trade on Thursday, with an overnight rally rolling over and working backwards shortly after the morning session re-open. Like we mentioned above, its hard to ignore the similarities in the five-minute charts between the bean market and the gold/silver markets despite there being no correlation between the two otherwise. For whatever reason, the sharp reversal in the metals space spilled over into the soybeans also, and combined with a rejection of the 100-day moving average, allowed prices to work lower into the noon hour. The product markets were also lower on Thursday, though oil again saw a fairly wide-ranging day.
🌾 Wheat Market Update Wheat futures closed higher with the corn market on Thursday, as short covering and technical buying continue to drive values to some of their highest levels since before the Thanksgiving holiday. Though it doesn't give much insight into price direction, the set-up in wheat is fairly simple; there is an ongoing debate between ample global supplies and positive chart patterns, with the latter seemingly being in the driver's seat today. Like we talked about this morning, the more US wheat rallies while the rest of the world doesn't, the further out of line prices will get as it pertains to export potential. ... See MoreSee Less
Good morning. Grain prices continue to work higher this morning. The outside markets are supportive with crude up nearly $2.00 and the metals into new highs again. The dollar continues to be weak. The S&P hit 7,000 for the first time yesterday. The FED left rates steady yesterday with most of the post-meeting comments surrounding around the Chairman’s future. River conditions seem to be worsening as the cold snap continues. Gulf corn and bean values on the front end remain firm. River transportation is expected to be hampered for quite some time as the forecast doesn’t show temps above freezing in Illinois until later next week. Currently, there is one day above freezing listed in Bloomington in the two-week forecast. Producer interest in selling old crop corn and soybeans did pick up a little yesterday. President Trump stated yesterday that Iran needs to come to a solution on its nuclear weapons or risk further action from the U.S. Iran has made comments that it plans to respond to any action by the U.S. This latest increase in tension is pushing energies higher. The Senate Democrats are holding tight to their lack of support for DHS funding, which is just ahead of the shutdown deadline of the 30th. Reminder that the USDA was funded to September of 2026 in the last round of spending negotiations. Rain totals in Argentina will be closely watched for next week as there will be areas that need rain after this recent dry spell. Corn sales were good again this morning at 64.9 mbu. Total commitments are 2.271 bbu. and undelivered sales sit at 1.009 bbu. Bean sales were decent at 30.1 mbu. Total commitments are 1.244 bbu and undelivered sales sit at 489 mbu. Wheat sales were solid at 20.5 mbu. It is mostly outside markets and cold weather running the point for grains this week. Both items can change quickly. Have a safe day. ... See MoreSee Less
🌽 Corn Market Update Corn futures closed quietly higher on Thursday after chopping around throughout most of the session, as steady export data and a rally in crude oil prices weren't enough to spark more sustained buying during the day. Along with the E15 headlines, prices have also seen strength this week on ideas that hot/dry weather in Argentina could be nipping the top end of the crop, though relief is still expected into next week. However, the loss of a million or two million tons isn't enough to alter what is still a plentiful world supply situation, and this is why we've struggled to become more bullish flat price. Exports and demand in general have been great, but its long been true that a bigger picture price rally must be a product of a supply disruption, not a new development in demand, and we don't see this changing any time in the near future.
🌱 Soybean Market Update Soybean futures saw two-sided trade on Thursday, with an overnight rally rolling over and working backwards shortly after the morning session re-open. Like we mentioned above, its hard to ignore the similarities in the five-minute charts between the bean market and the gold/silver markets despite there being no correlation between the two otherwise. For whatever reason, the sharp reversal in the metals space spilled over into the soybeans also, and combined with a rejection of the 100-day moving average, allowed prices to work lower into the noon hour. The product markets were also lower on Thursday, though oil again saw a fairly wide-ranging day.
🌾 Wheat Market Update Wheat futures closed higher with the corn market on Thursday, as short covering and technical buying continue to drive values to some of their highest levels since before the Thanksgiving holiday. Though it doesn't give much insight into price direction, the set-up in wheat is fairly simple; there is an ongoing debate between ample global supplies and positive chart patterns, with the latter seemingly being in the driver's seat today. Like we talked about this morning, the more US wheat rallies while the rest of the world doesn't, the further out of line prices will get as it pertains to export potential. ... See MoreSee Less
Good morning. Grain prices continue to work higher this morning. The outside markets are supportive with crude up nearly $2.00 and the metals into new highs again. The dollar continues to be weak. The S&P hit 7,000 for the first time yesterday. The FED left rates steady yesterday with most of the post-meeting comments surrounding around the Chairman’s future. River conditions seem to be worsening as the cold snap continues. Gulf corn and bean values on the front end remain firm. River transportation is expected to be hampered for quite some time as the forecast doesn’t show temps above freezing in Illinois until later next week. Currently, there is one day above freezing listed in Bloomington in the two-week forecast. Producer interest in selling old crop corn and soybeans did pick up a little yesterday. President Trump stated yesterday that Iran needs to come to a solution on its nuclear weapons or risk further action from the U.S. Iran has made comments that it plans to respond to any action by the U.S. This latest increase in tension is pushing energies higher. The Senate Democrats are holding tight to their lack of support for DHS funding, which is just ahead of the shutdown deadline of the 30th. Reminder that the USDA was funded to September of 2026 in the last round of spending negotiations. Rain totals in Argentina will be closely watched for next week as there will be areas that need rain after this recent dry spell. Corn sales were good again this morning at 64.9 mbu. Total commitments are 2.271 bbu. and undelivered sales sit at 1.009 bbu. Bean sales were decent at 30.1 mbu. Total commitments are 1.244 bbu and undelivered sales sit at 489 mbu. Wheat sales were solid at 20.5 mbu. It is mostly outside markets and cold weather running the point for grains this week. Both items can change quickly. Have a safe day. ... See MoreSee Less
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