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 were notably lower to get the week started on Tuesday, with spot March futures seemingly interested in taking a run at the lows made last week. With safrinha corn planting off and running in Brazil and some quarter of the way complete, trade focus is ever so slightly beginning to shift back to the coming growing season in the US, which put the USDA's annual Ag Outlook forum scheduled for later this week at the heart of a lot of today's discussions. It's only February and the acreage topic for this spring has already seemingly gotten more traction than normal, but we don't see a lot of reason today that the numbers discussed aren't at the very least similar to the baseline projections put out earlier this month. Those figures predicted corn acres this year at 95 million, while yield was pegged at 182.0 bu/acre, and we would be surprised if outlook numbers the end of the week this week vary much from those marks.
🌱 Soybean Market Update Soybean futures saw choppy trade to start the week this week, with prices lower in the overnight and early in the day this morning before mid-morning buying emerged to lead things higher into the afternoon and close. With China out on holiday this week, traders are forced to sit and ponder for a little longer whether or not additional bean purchases will be made in the weeks/months ahead, and this likely produced the chop that was seen throughout a lot of today's session. Otherwise, there continues to be little in the way of weather issues south of the equator and local reports out of Brazil are indicating yields through the first part of harvest that are above average in a lot of areas. A coming massive supply in Brazil, mixed with likely increasing year/year acres in the US this spring, does not to us, seem like a recipe for a sustained price rally.
🌾 Wheat Market Update The wheat market sold off a bit on Tuesday, with spread liquidation and fund positioning continuing to be the number one reasons given by the newswires for the recent spat of increased volatility in the space. From a chart standpoint, it seems fairly apparent that the market found some sort of solid resistance in the form of the 200-day moving average, which it tested at 5.51 1/4 last week and has since firmly rejected. This marks our obvious upside target this week, with an ongoing correction likely to lead a test of the recent lows just above the 5.20 area. Otherwise, there is some chatter among the faster moving traders that this week's outlook forum may just add one more log to the bearish fire that has been the wheat market from a production standpoint compared to last year, but time will tell when data is released at the end of the week whether this is warranted or not. ... See MoreSee Less
Good morning. Grain prices are mostly lower, led down by Chicago wheat. Eyes will be on the nearby Chicago wheat spreads today, as the March/May inverted slightly on Friday. That spread is weaker this morning. There was not much grain news over the long weekend. Export inspections will be out today, and all the demand reports will be pushed back a day due to the holiday. The Ag Outlook Forum is Thursday/Friday, and the trade will be watching to see what the USDA plugs in for acres into their budgetary worksheets. We have another couple of weeks of setting the spring price for crop insurance. March options expire on Friday. NOPA crush is out today for the month of January. Estimates are for crush to total 218.52 mbu, which would be the highest for January on record and the 3rd highest ever for any month. Warm temps will dominate the Midwest, which should continue to aid river thawing. It gets a little cooler next week but then February will about be over. Expect more continued delays along the river system as it takes a long time to catch up. It continues to be very dry in the central part of the Midwest, and that will be something to keep an eye on as the spring approaches. Argentina and southern Brazil saw some light shower activity over the weekend. More rains are slated this week. Central Brazil will be a touch drier, which should aid on more harvest activity. The dollar is trading to its highest level in a week, and most outside commodity markets are lower. The producer is estimated to be 75 to 80% sold on old crop beans with a few new crop beans starting to be sold. A long way to go on old crop corn as the producer holds roughly 50% still. Have a safe day. ... See MoreSee Less
🌽 Corn Market Update Corn futures were notably lower to get the week started on Tuesday, with spot March futures seemingly interested in taking a run at the lows made last week. With safrinha corn planting off and running in Brazil and some quarter of the way complete, trade focus is ever so slightly beginning to shift back to the coming growing season in the US, which put the USDA's annual Ag Outlook forum scheduled for later this week at the heart of a lot of today's discussions. It's only February and the acreage topic for this spring has already seemingly gotten more traction than normal, but we don't see a lot of reason today that the numbers discussed aren't at the very least similar to the baseline projections put out earlier this month. Those figures predicted corn acres this year at 95 million, while yield was pegged at 182.0 bu/acre, and we would be surprised if outlook numbers the end of the week this week vary much from those marks.
🌱 Soybean Market Update Soybean futures saw choppy trade to start the week this week, with prices lower in the overnight and early in the day this morning before mid-morning buying emerged to lead things higher into the afternoon and close. With China out on holiday this week, traders are forced to sit and ponder for a little longer whether or not additional bean purchases will be made in the weeks/months ahead, and this likely produced the chop that was seen throughout a lot of today's session. Otherwise, there continues to be little in the way of weather issues south of the equator and local reports out of Brazil are indicating yields through the first part of harvest that are above average in a lot of areas. A coming massive supply in Brazil, mixed with likely increasing year/year acres in the US this spring, does not to us, seem like a recipe for a sustained price rally.
🌾 Wheat Market Update The wheat market sold off a bit on Tuesday, with spread liquidation and fund positioning continuing to be the number one reasons given by the newswires for the recent spat of increased volatility in the space. From a chart standpoint, it seems fairly apparent that the market found some sort of solid resistance in the form of the 200-day moving average, which it tested at 5.51 1/4 last week and has since firmly rejected. This marks our obvious upside target this week, with an ongoing correction likely to lead a test of the recent lows just above the 5.20 area. Otherwise, there is some chatter among the faster moving traders that this week's outlook forum may just add one more log to the bearish fire that has been the wheat market from a production standpoint compared to last year, but time will tell when data is released at the end of the week whether this is warranted or not. ... See MoreSee Less
Good morning. Grain prices are mostly lower, led down by Chicago wheat. Eyes will be on the nearby Chicago wheat spreads today, as the March/May inverted slightly on Friday. That spread is weaker this morning. There was not much grain news over the long weekend. Export inspections will be out today, and all the demand reports will be pushed back a day due to the holiday. The Ag Outlook Forum is Thursday/Friday, and the trade will be watching to see what the USDA plugs in for acres into their budgetary worksheets. We have another couple of weeks of setting the spring price for crop insurance. March options expire on Friday. NOPA crush is out today for the month of January. Estimates are for crush to total 218.52 mbu, which would be the highest for January on record and the 3rd highest ever for any month. Warm temps will dominate the Midwest, which should continue to aid river thawing. It gets a little cooler next week but then February will about be over. Expect more continued delays along the river system as it takes a long time to catch up. It continues to be very dry in the central part of the Midwest, and that will be something to keep an eye on as the spring approaches. Argentina and southern Brazil saw some light shower activity over the weekend. More rains are slated this week. Central Brazil will be a touch drier, which should aid on more harvest activity. The dollar is trading to its highest level in a week, and most outside commodity markets are lower. The producer is estimated to be 75 to 80% sold on old crop beans with a few new crop beans starting to be sold. A long way to go on old crop corn as the producer holds roughly 50% still. Have a safe day. ... See MoreSee Less
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