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.
Good morning. The national distraction begins today. Good luck on your bracket. Grain prices are higher again with beans steady. A strong close yesterday for corn and wheat is spilling over to start Thursday. It was a fairly quiet 10-cent rally for corn yesterday in terms of producer involvement. Energy prices are mostly higher although crude has settled down closer to unchanged after being up nearly $4.00 overnight. There is still limited action through the Strait and that fact is expected to keep energy prices supported until there is a change. VP Vance said the White House will be offering a couple of solution to high energy prices here shortly. Obviously, $5.00 diesel is not typically helpful for the economy. Metals continue to fall sharply, and bitcoin has had a tough week. The FED kept interest rates steady yesterday, and basically said it was too early to determine a path for rates based on higher energy costs. There continues to be some discussion about one more rate cut this year if inflation remains elevated, but the FED Chair did not give much of a signal about that in his comments yesterday. Corn sales were decent today at 46 mbu. Total commitments stand at 2.663 bbu. Bean sales were slower at 11 mbu. Total commitments stand at 1.351 bbu, with the total of 1.575 bbu. looking like a stretch now if China does not come back in play. Wheat sales totaled 7.0 mbu. for this year and 7.8 mbu. for next year. The bean market continues to be optimistic about the ag celebration day next week. Dry weather in the plains is offering some support to wheat. A few rain showers are expected to increase in the plains in early April. Otherwise, the warm weather, starting today, should be well received by most everyone. It will be dry for a bit again in the Midwest, so that is likely to become a storyline for most of the spring. The ags are still following energies for the most part. Have a safe day. ... See MoreSee Less
🌽 Corn Market Update Corn futures finished Tuesday on either side of unchanged, as the market saw a decently wide ranging day before finishing in the middle on little if any fresh input. This isn't new, but pricing in corn futures today is a product of crop sizes in South America, US exports/demand, and planted acreage for the coming season; with nothing new of note on any of three fronts, choppy, back and forth price action is likely the path of least resistance forward. The funds have gotten long, but will quickly give those positions back if it's looking like a bigger than expected acreage number this spring or if a quick resolution comes about in the Iran war.
🌱 Soybean Market Update Soybean futures saw an active spread day on Tuesday, with the old crop closing just marginally higher and the new crop closing around a dime higher on what seemed to be another day of 'hope buying.' Between there being hope that China comes in and eventually buys more beans and hope that soybean oil demand for biofuel is going to be increased from years prior, we just see an awful lot of optimism amid what could very easily be a 500+ mil bu carryout. With bean futures still well above $11, it would seem to us something has to give at some point; either China is going to keep buying beans to appease Trump via some sort of agreement this spring, or futures are going to need quickly find a level that discourages additional planted acreage.
🌾 Wheat Market Update Like corn, there was a dearth of fresh input in the wheat markets on Tuesday, though values expanded on yesterday's losses nonetheless. Our biggest question regarding wheat futures is now what do the funds decide to do after cutting their position to nearly neutral over the past couple weeks. Should they want to get long, sizeable upside potential to at least the March high in the mid-$6 range seems to exist in the Chicago market, but if they see the war come to an end and things normalize logistically in the Black Sea, we also can't rule out them building back up another net-short position into the US harvest later this spring/summer. ... See MoreSee Less
Good morning. The national distraction begins today. Good luck on your bracket. Grain prices are higher again with beans steady. A strong close yesterday for corn and wheat is spilling over to start Thursday. It was a fairly quiet 10-cent rally for corn yesterday in terms of producer involvement. Energy prices are mostly higher although crude has settled down closer to unchanged after being up nearly $4.00 overnight. There is still limited action through the Strait and that fact is expected to keep energy prices supported until there is a change. VP Vance said the White House will be offering a couple of solution to high energy prices here shortly. Obviously, $5.00 diesel is not typically helpful for the economy. Metals continue to fall sharply, and bitcoin has had a tough week. The FED kept interest rates steady yesterday, and basically said it was too early to determine a path for rates based on higher energy costs. There continues to be some discussion about one more rate cut this year if inflation remains elevated, but the FED Chair did not give much of a signal about that in his comments yesterday. Corn sales were decent today at 46 mbu. Total commitments stand at 2.663 bbu. Bean sales were slower at 11 mbu. Total commitments stand at 1.351 bbu, with the total of 1.575 bbu. looking like a stretch now if China does not come back in play. Wheat sales totaled 7.0 mbu. for this year and 7.8 mbu. for next year. The bean market continues to be optimistic about the ag celebration day next week. Dry weather in the plains is offering some support to wheat. A few rain showers are expected to increase in the plains in early April. Otherwise, the warm weather, starting today, should be well received by most everyone. It will be dry for a bit again in the Midwest, so that is likely to become a storyline for most of the spring. The ags are still following energies for the most part. Have a safe day. ... See MoreSee Less
🌽 Corn Market Update Corn futures finished Tuesday on either side of unchanged, as the market saw a decently wide ranging day before finishing in the middle on little if any fresh input. This isn't new, but pricing in corn futures today is a product of crop sizes in South America, US exports/demand, and planted acreage for the coming season; with nothing new of note on any of three fronts, choppy, back and forth price action is likely the path of least resistance forward. The funds have gotten long, but will quickly give those positions back if it's looking like a bigger than expected acreage number this spring or if a quick resolution comes about in the Iran war.
🌱 Soybean Market Update Soybean futures saw an active spread day on Tuesday, with the old crop closing just marginally higher and the new crop closing around a dime higher on what seemed to be another day of 'hope buying.' Between there being hope that China comes in and eventually buys more beans and hope that soybean oil demand for biofuel is going to be increased from years prior, we just see an awful lot of optimism amid what could very easily be a 500+ mil bu carryout. With bean futures still well above $11, it would seem to us something has to give at some point; either China is going to keep buying beans to appease Trump via some sort of agreement this spring, or futures are going to need quickly find a level that discourages additional planted acreage.
🌾 Wheat Market Update Like corn, there was a dearth of fresh input in the wheat markets on Tuesday, though values expanded on yesterday's losses nonetheless. Our biggest question regarding wheat futures is now what do the funds decide to do after cutting their position to nearly neutral over the past couple weeks. Should they want to get long, sizeable upside potential to at least the March high in the mid-$6 range seems to exist in the Chicago market, but if they see the war come to an end and things normalize logistically in the Black Sea, we also can't rule out them building back up another net-short position into the US harvest later this spring/summer. ... See MoreSee Less
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