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
Don’t miss out….
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
01.07.26 MIDCO AFTERNOON COMMENTS
01.07.26 MIDCO MORNING COMMENTS 0 CommentsComment on Facebook
Load more
🌽 Corn Market Update
Aside from this morning's weekly ethanol report, which didn't offer anything out of the ordinary, it was another quiet day in the corn market on Wednesday, as traders continue to wait with baited breath on the USDA's supply and demand update that is due out on Monday. We've talked about it some, but a price move outside of the 4.30-4.50 area we've been in in the short term likely requires either a larger-than-expected yield cut to move higher or a lack of a yield cut entirely to move lower; should USDA trim the 1-3 bu/acre that most assume is necessary, we would view it as market neutral from here and wouldn't expect a ton of reaction. Otherwise, its the safrinha corn crop in Brazil and the crop growing in Argentina that continue to most notably impact US corn prices over the next several weeks.
🌱 Soybean Market Update
Soybean and soybean meal futures pressed ahead to new highs for the week in near lock-step on Wednesday, as like Monday, there were more buyers than sellers in the space though we again have little explanation as to why. There's not a weather story to be had in South America at this point and the time is quickly dwindling for such a scenario to occur, and we still see no further reason today than we have at any point in the last several weeks as to why China would continue buying much more expensive beans from the US beyond its 12 MMT political buying agreement. Furthermore, we see the USDA's domestic bean oil usage figure as being too high due to an ongoing lack of policy, and should this get trimmed in either the January report or others in the future, it will give additional ammo to the bear camp.
🌾 Wheat Market Update
Wheat futures led gains in the grain space on Wednesday, though like the other commodities, there wasn't a specific reason to point to for the buying. Fund short covering will be the lazy answer, but with that data now caught up and them basically sitting on the same position they were two months ago, we would find this somewhat unlikely to have occurred on any sort of scale worth talking about. The other reason given that we would assume likely has more legs would be a coming cold spell in the Black Sea region that may affect crops here, but it will be unknown as to the extent of the damage in the short term.
... See MoreSee Less
Good morning. Grain prices are mostly higher to start Wednesday. Soybeans were able to shake off the poor close from yesterday and the March contract was able to trade slightly higher than yesterday’s high. News is limited this morning but China has been in buying U.S. beans again this week so that is catching some of the credit this morning. Through Monday’s sales report, China accounted for 6.4 MMT of U.S. beans with another 3.059 MMT in the unknown category. The USDA announced an export flash yesterday with more flashes expected this week. The export sales report tomorrow will have the sales data back to current. March corn is trading near the midpoint of the recent range and has reengaged itself with the 200-day moving average this week ($4.45 today). The fund rebalancing starts tomorrow and will last for 5 trading days. The funds are expected to be net buyers of corn and wheat, and net sellers of beans and bean oil. The weekly ethanol report is out this morning. Deliveries totaled 88 beans and 78 bean oil. The last trading day for the January contracts is the 14th. Equities continue to hang in record high territory. Silver was trading back near record highs overnight. Crude has been mostly in a $2 range, which has been calm considering all that is happening in Venezuela. A bunch of USDA data is out on Monday. That should set the tone for prices for the days to follow. Argentina is getting just enough rain in the northern areas to keep conditions steady. Brazil weather looks good. The Midwest will see a mix of rain and snow through the weekend. Temps will continue to average at or above normal. Bean direction will be determined by what side of $10.66 ¾ the March contract closes on. Have a safe day.
... See MoreSee Less
01.07.26 MIDCO AFTERNOON COMMENTS
🌽 Corn Market Update
Aside from this morning's weekly ethanol report, which didn't offer anything out of the ordinary, it was another quiet day in the corn market on Wednesday, as traders continue to wait with baited breath on the USDA's supply and demand update that is due out on Monday. We've talked about it some, but a price move outside of the 4.30-4.50 area we've been in in the short term likely requires either a larger-than-expected yield cut to move higher or a lack of a yield cut entirely to move lower; should USDA trim the 1-3 bu/acre that most assume is necessary, we would view it as market neutral from here and wouldn't expect a ton of reaction. Otherwise, its the safrinha corn crop in Brazil and the crop growing in Argentina that continue to most notably impact US corn prices over the next several weeks.
🌱 Soybean Market Update
Soybean and soybean meal futures pressed ahead to new highs for the week in near lock-step on Wednesday, as like Monday, there were more buyers than sellers in the space though we again have little explanation as to why. There's not a weather story to be had in South America at this point and the time is quickly dwindling for such a scenario to occur, and we still see no further reason today than we have at any point in the last several weeks as to why China would continue buying much more expensive beans from the US beyond its 12 MMT political buying agreement. Furthermore, we see the USDA's domestic bean oil usage figure as being too high due to an ongoing lack of policy, and should this get trimmed in either the January report or others in the future, it will give additional ammo to the bear camp.
🌾 Wheat Market Update
Wheat futures led gains in the grain space on Wednesday, though like the other commodities, there wasn't a specific reason to point to for the buying. Fund short covering will be the lazy answer, but with that data now caught up and them basically sitting on the same position they were two months ago, we would find this somewhat unlikely to have occurred on any sort of scale worth talking about. The other reason given that we would assume likely has more legs would be a coming cold spell in the Black Sea region that may affect crops here, but it will be unknown as to the extent of the damage in the short term.
... See MoreSee Less
0 CommentsComment on Facebook
01.07.26 MIDCO MORNING COMMENTS
Good morning. Grain prices are mostly higher to start Wednesday. Soybeans were able to shake off the poor close from yesterday and the March contract was able to trade slightly higher than yesterday’s high. News is limited this morning but China has been in buying U.S. beans again this week so that is catching some of the credit this morning. Through Monday’s sales report, China accounted for 6.4 MMT of U.S. beans with another 3.059 MMT in the unknown category. The USDA announced an export flash yesterday with more flashes expected this week. The export sales report tomorrow will have the sales data back to current. March corn is trading near the midpoint of the recent range and has reengaged itself with the 200-day moving average this week ($4.45 today). The fund rebalancing starts tomorrow and will last for 5 trading days. The funds are expected to be net buyers of corn and wheat, and net sellers of beans and bean oil. The weekly ethanol report is out this morning. Deliveries totaled 88 beans and 78 bean oil. The last trading day for the January contracts is the 14th. Equities continue to hang in record high territory. Silver was trading back near record highs overnight. Crude has been mostly in a $2 range, which has been calm considering all that is happening in Venezuela. A bunch of USDA data is out on Monday. That should set the tone for prices for the days to follow. Argentina is getting just enough rain in the northern areas to keep conditions steady. Brazil weather looks good. The Midwest will see a mix of rain and snow through the weekend. Temps will continue to average at or above normal. Bean direction will be determined by what side of $10.66 ¾ the March contract closes on. Have a safe day.
... See MoreSee Less
0 CommentsComment on Facebook
0 CommentsComment on Facebook