News Announcements
Ludlow Coop is Offering Free Delayed Pricing on Corn & Soybean Deliveries
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.
SPACE AS AVAILABLE FOR CORN & BEANS
Time to Begin Marketing for the 2026 Crop Year with the Average Pricing Program
Why Choose the Average Pricing Program?
- Build a solid base for your 2026 crop marketing plan.
- Capture seasonal highs: Historically, January through June offers the strongest pricing opportunities.
- Flexibility: Commit only 20–35% of an average crop, leaving room for additional marketing.
- Take the emotion out of pricing—a great option for landlords.
- No enrollment cost.
- Extended marketing window: Sell ahead instead of after harvest (19 months vs. 9 months).
Ludlow Coop’s Average Pricing Program
Set Weeks: February 11 – June 24, 2026
- Weekly pricing every Wednesday at noon.
- 20 weeks total; final price is the average of all weekly pricings.
- Based on December (CZ26) corn futures and November (SX26) bean futures.
- Contracts are for Fall 2026 delivery.
- Sign-up deadline: Tuesday, February 10, 2026. Contract must be signed and received before start date.
Patron’s Choice Average Pricing Contract
Your Choice of Consecutive Weeks
- Weekly pricing every Wednesday at noon.
- Choose any consecutive weeks between January 14 – August 26, 2026.
- Based on CZ26 corn futures and SX26 bean futures.
- Contracts are for Fall 2026 delivery.
Ready to Enroll?
Contact your settlement location with:
- Number of bushels
- Chosen dates (for Patron’s Choice)
- Delivery location
Ludlow Coop Offices:
- Buckley: (217) 394-2331
- Danforth: (815) 269-2390
- Ludlow: (217) 396-4111
- Piper City: (815) 707-3347
- Goodwine: (815) 457-2880
2025-2026 Board Members Elected
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)
2025-2026 Drying and Storage Rates
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
The Grainery Newsletters
6/1/26 CROP PROGRESS
6/1/26 MIDCO AFTERNOON COMMENTS 0 CommentsComment on Facebook
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In the first readings of the season, corn conditions in the G/EX category were pegged at 67%, which is down slightly from the 69% seen last year and also slightly below trade expectations. Soybeans in the G/EX category were seen at 66%, also down slightly from the 67% seen to start the season last year.
Corn planting reached 93% complete across the US this week and soybean planting reached 87% complete. For corn, 76% of the crop is up and for soybeans, 65% of the crop is up.
Winter wheat conditions were nearly unchanged in all categories this week, with just a 1% shift from good to excellent noted vs the week prior. In the first update of the year, harvest was pegged at 5% complete, which compares to 3% both on average and last year. Spring wheat planting was seen at 94% complete, while G/EX conditions in the first update of the year were pegged well below trade expectations at 47%.
... See MoreSee Less
🌽 Corn Market Update
Summary:
Corn futures continued their steady decline on Monday, finishing at their lowest level on the July contract since February amid what has seemingly been ongoing fund liquidation and a lack of other bullish input. For now, there are still no signs of any sort of new purchases by the Chinese as part of the $17 billion trade package, and weather across much of the Midwest has been a good mix of rain and sunshine that has gotten the crop off to a good start in a lot of areas. These things, combined with their still being some 370,000 fund longs as of early last week, have led to the extraction of premium via long liquidation and its really not a lot more complicated than that. That said, forced to take a position we would probably not be sellers from here, with geopolitical risks still very present and the bulk of the summer growing season still ahead.
🌱 Soybean Market Update
Summary:
The soy complex finished mixed on the first day of June trade Monday, with the meal lower, the beans mostly lower, and the oil higher amid more Middle East headlines and still nothing new out of the Chinese. Record oil share and crush margins are old news at this point but have continued to dominate a lot of the day-to-day headlines and this was the case Monday with there being little else new of note to speak of. Old crop bean futures have traded sideways for the better part of the three months now while the products have continued to trend higher, and traders today are asking what's on the horizon that changes these themes in the short-term for any of the three.
🌾 Wheat Market Update
Summary:
It was a quieter day in the wheat market to start the week this week, with Chicago futures trading higher into mid-morning before slowly drifting into the red and finishing there by the end of the day on a lack of headlines and as traders await another round of weekly crop data that will likely show the early beginnings of US harvest. From a chart standpoint, today's lows on July futures were right near the uptrend that's been in place since the end of last year, which means this and the even $6 level will likely be some sort of line in the sand between the bulls and the bears the rest of the week this week.
... See MoreSee Less
News Announcements
6/1/26 CROP PROGRESS
In the first readings of the season, corn conditions in the G/EX category were pegged at 67%, which is down slightly from the 69% seen last year and also slightly below trade expectations. Soybeans in the G/EX category were seen at 66%, also down slightly from the 67% seen to start the season last year.
Corn planting reached 93% complete across the US this week and soybean planting reached 87% complete. For corn, 76% of the crop is up and for soybeans, 65% of the crop is up.
Winter wheat conditions were nearly unchanged in all categories this week, with just a 1% shift from good to excellent noted vs the week prior. In the first update of the year, harvest was pegged at 5% complete, which compares to 3% both on average and last year. Spring wheat planting was seen at 94% complete, while G/EX conditions in the first update of the year were pegged well below trade expectations at 47%.
... See MoreSee Less
0 CommentsComment on Facebook
6/1/26 MIDCO AFTERNOON COMMENTS
🌽 Corn Market Update
Summary:
Corn futures continued their steady decline on Monday, finishing at their lowest level on the July contract since February amid what has seemingly been ongoing fund liquidation and a lack of other bullish input. For now, there are still no signs of any sort of new purchases by the Chinese as part of the $17 billion trade package, and weather across much of the Midwest has been a good mix of rain and sunshine that has gotten the crop off to a good start in a lot of areas. These things, combined with their still being some 370,000 fund longs as of early last week, have led to the extraction of premium via long liquidation and its really not a lot more complicated than that. That said, forced to take a position we would probably not be sellers from here, with geopolitical risks still very present and the bulk of the summer growing season still ahead.
🌱 Soybean Market Update
Summary:
The soy complex finished mixed on the first day of June trade Monday, with the meal lower, the beans mostly lower, and the oil higher amid more Middle East headlines and still nothing new out of the Chinese. Record oil share and crush margins are old news at this point but have continued to dominate a lot of the day-to-day headlines and this was the case Monday with there being little else new of note to speak of. Old crop bean futures have traded sideways for the better part of the three months now while the products have continued to trend higher, and traders today are asking what's on the horizon that changes these themes in the short-term for any of the three.
🌾 Wheat Market Update
Summary:
It was a quieter day in the wheat market to start the week this week, with Chicago futures trading higher into mid-morning before slowly drifting into the red and finishing there by the end of the day on a lack of headlines and as traders await another round of weekly crop data that will likely show the early beginnings of US harvest. From a chart standpoint, today's lows on July futures were right near the uptrend that's been in place since the end of last year, which means this and the even $6 level will likely be some sort of line in the sand between the bulls and the bears the rest of the week this week.
... See MoreSee Less
0 CommentsComment on Facebook
0 CommentsComment on Facebook