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
12.19.25 MIDCO AFTERNOON COMMENTS
12.19.25 MIDCO MORNING COMMENTS 0 CommentsComment on Facebook
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🌽 Corn Market Update
Quiet closes in the corn market to end the week this week, with low volume leading to small ranging, uneventful trade going into the weekend. Looking at the big picture, corn has a demand story; but the problem is that the market knows this story. The market is aware exports have been at a record pace, but its also aware that supplies are at near record levels and are sufficient enough to cover this demand. If South America has dryness issues that lead to yield loss in March/April/May then values could see rally potential back up towards $5, but if this doesn't occur, it will take a massive drop in acres from 2025 to spur any sort of bigger picture rally.
🌱 Soybean Market Update
Like the corn market, the soy complex saw quietly lower trade to end the week this week despite another announced flash sale to China this morning. We've talked about this in the past, but we just see the China business as old news at this point. If China buys the expected 12 MMTs of US beans that have been talked about for weeks now, does the market all of a sudden rally? We find it doubtful. Its buying beyond this level that could potentially get the market excited; otherwise, we find it more likely than not that if China buys what is currently expected, it probably only makes the current USDA export forecast accurate, but doesn't make it understated. The other elephant in the room that is seemingly getting pushed to the back burner is the 175+ MMT crop that is about to be harvested in Brazil, and that will likely all but wipe out our export program unless China keeps buying for political purposes.
🌾 Wheat Market Update
For the second straight session wheat futures were narrowly able to avoid dropping to new contract lows, as buyers were just present enough to keep the market's head above for the duration of the day. Like the other markets, we have little new to discuss here ahead of next week's holiday as a majority of the trade, especially the European portion in this case, have likely already put a bow on 2025. Global supply surpluses will likely continue dominating price trends into the first half of 2026, with it remaining the case that outside of a new geopolitical flashpoint somewhere, it likely takes a production hiccup from one of the world's major producers to get a rally going.
... See MoreSee Less
Good morning. Grain prices are mixed with ags trading both sides of unchanged overnight. Corn had a nice lift yesterday as domestic demand continues to be solid. There continues to be a few rumors that China is interested in U.S. corn but no confirmation of that. It likely never gets announced, but China did have some growing condition issues in their northern area, especially as it relates to quality. Dalian corn futures have leveled off recently but did spend most of October and November rallying. China did have some success in working through some corn auction this fall, suggesting good demand. So, some buying of corn from China at some point this spring would not be out of the question, but it doesn’t appear today that it would be any great quantities. Opposite reaction as of late for soybeans. China sold 33% of its latest 550K ton bean auction, which was deemed as disappointing compared to the previous ones. The bean trade has seemingly moved on from the recent China demand and is focused on the big Brazil crop and a weakening technical picture. Exact estimates are hard to know but China buying of U.S. beans is somewhere between 7 and 8 MMT of the 12 MMT. January beans closed below the 200-day moving average yesterday, which opens up the possibility of trying the October low near $10.20. March wheat is trying to stabilize near $5.00. Argentina wheat harvest is estimated at 73% done. Planting progress there is 70% on corn and 67% on beans. La Nina hasn’t caused any big concerns for weather there up to this point, but it will be a point of interest after the holiday season. President Trump did declare next Wednesday and Friday as national holidays, but it is not expected to influence the trading schedules for commodities or stocks. The cattle on feed report is out this afternoon. There is another COT report out today with data up through Dec. 9th. Despite the cold wind today, warmer than average weather is still forecasted through the end of the month. This will hopefully allow for river traffic to catch-up. Have a safe day.
... See MoreSee Less
12.19.25 MIDCO AFTERNOON COMMENTS
🌽 Corn Market Update
Quiet closes in the corn market to end the week this week, with low volume leading to small ranging, uneventful trade going into the weekend. Looking at the big picture, corn has a demand story; but the problem is that the market knows this story. The market is aware exports have been at a record pace, but its also aware that supplies are at near record levels and are sufficient enough to cover this demand. If South America has dryness issues that lead to yield loss in March/April/May then values could see rally potential back up towards $5, but if this doesn't occur, it will take a massive drop in acres from 2025 to spur any sort of bigger picture rally.
🌱 Soybean Market Update
Like the corn market, the soy complex saw quietly lower trade to end the week this week despite another announced flash sale to China this morning. We've talked about this in the past, but we just see the China business as old news at this point. If China buys the expected 12 MMTs of US beans that have been talked about for weeks now, does the market all of a sudden rally? We find it doubtful. Its buying beyond this level that could potentially get the market excited; otherwise, we find it more likely than not that if China buys what is currently expected, it probably only makes the current USDA export forecast accurate, but doesn't make it understated. The other elephant in the room that is seemingly getting pushed to the back burner is the 175+ MMT crop that is about to be harvested in Brazil, and that will likely all but wipe out our export program unless China keeps buying for political purposes.
🌾 Wheat Market Update
For the second straight session wheat futures were narrowly able to avoid dropping to new contract lows, as buyers were just present enough to keep the market's head above for the duration of the day. Like the other markets, we have little new to discuss here ahead of next week's holiday as a majority of the trade, especially the European portion in this case, have likely already put a bow on 2025. Global supply surpluses will likely continue dominating price trends into the first half of 2026, with it remaining the case that outside of a new geopolitical flashpoint somewhere, it likely takes a production hiccup from one of the world's major producers to get a rally going.
... See MoreSee Less
0 CommentsComment on Facebook
12.19.25 MIDCO MORNING COMMENTS
Good morning. Grain prices are mixed with ags trading both sides of unchanged overnight. Corn had a nice lift yesterday as domestic demand continues to be solid. There continues to be a few rumors that China is interested in U.S. corn but no confirmation of that. It likely never gets announced, but China did have some growing condition issues in their northern area, especially as it relates to quality. Dalian corn futures have leveled off recently but did spend most of October and November rallying. China did have some success in working through some corn auction this fall, suggesting good demand. So, some buying of corn from China at some point this spring would not be out of the question, but it doesn’t appear today that it would be any great quantities. Opposite reaction as of late for soybeans. China sold 33% of its latest 550K ton bean auction, which was deemed as disappointing compared to the previous ones. The bean trade has seemingly moved on from the recent China demand and is focused on the big Brazil crop and a weakening technical picture. Exact estimates are hard to know but China buying of U.S. beans is somewhere between 7 and 8 MMT of the 12 MMT. January beans closed below the 200-day moving average yesterday, which opens up the possibility of trying the October low near $10.20. March wheat is trying to stabilize near $5.00. Argentina wheat harvest is estimated at 73% done. Planting progress there is 70% on corn and 67% on beans. La Nina hasn’t caused any big concerns for weather there up to this point, but it will be a point of interest after the holiday season. President Trump did declare next Wednesday and Friday as national holidays, but it is not expected to influence the trading schedules for commodities or stocks. The cattle on feed report is out this afternoon. There is another COT report out today with data up through Dec. 9th. Despite the cold wind today, warmer than average weather is still forecasted through the end of the month. This will hopefully allow for river traffic to catch-up. Have a safe day.
... See MoreSee Less
0 CommentsComment on Facebook
0 CommentsComment on Facebook