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 Steady trade was had in the corn market to end the week on Friday, with prices higher across the board on ongoing strength in the wheat market and as the tariff news had little impact on corn pricing specifically. There wasn't a lot new throughout the day otherwise, with a lot of the trade's focus remaining on crop prospects in South America that are seemingly improving. Recent rains through Argentina's ag belt this week came at an almost perfect time, while a wetter shift in the forecast for Brazil does nothing but boost soil moisture reserves that will be needed later in April/May when the rainy season shuts off. This would tend to bode negative Chicago futures, but until/unless the funds decide they want to pile back into more of a net-short position, we would see a lot of this as old news to the market at this point, and wouldn't necessarily be cause for a quick push lower.
🌱 Soybean Market Update The bean market closed the week quietly lower on Friday after what ended up being a fairly wide-ranging choppy session of trade. Prices were modestly lower throughout most of the overnight session, but worked into the green and made new highs for the week on the open this morning before quickly plunging on the tariff ruling by the Supreme Court. While somewhat speculative still at this point amid all the unknowns, the idea behind the selling in the beans was that if Trump's 10% fentanyl tariff wasn't in place, the Chinese would have no reason to continue trying to appease Trump by buying US beans, and would take their business back to the more economically feasible supplies in Brazil. Data shows around 5-7 MMTs of the original 12 still yet to be shipped, while if that thought process ends up being accurate, we would assume the additional 8 MMTs on top of the original 12 are also in jeopardy to be shipped, let alone even be booked. Like we mentioned above, there are far more questions than answers at this point, which produced the two-sided price action the rest of the day following the announcement.
🌾 Wheat Market Update The wheat market pumped higher for a third straight session on Friday, with values up another 1.5%+ on what continues to be appear to be nothing more than short covering and speculative positioning amid a lack of any other sort of real fresh fundamental news. With the market now at its highest level since last summer and having cleared most short term resistance, its a small shift in focus to new crop fundamentals that is maybe behind the recent rally, but its simply too early in the season in our opinion to make any sort of whole sale assertations on price. Yes, southern hemisphere supplies likely drop from this year's record levels, but does that warrant Chicago futures prices that are at or near $6? Our answer would be maybe, but it depends on a whole bevy of other variables and factors that are likely to change over the next 8-10 months. ... See MoreSee Less
• Friday trade is mostly higher to round out the week. Soybeans are in the green again today, while soy oil is seeing some profit taking off this week's runup. Corn remains trading in a narrow range. • Wheat continues to move to the upside as an Indonesian trade deal was signed that would focus on U.S. wheat exports, along with dryness in the Southern Plains and funds paring back short positions. • Corn CIF saw minor changes with March up a penny, now bid +101H. CIF beans also saw some strength nearby with March up 1c, but April/May backed off a penny. • Barge freight worked higher on the Illinois, St. Louis, and Mid-Miss. Warmer temperatures have helped river conditions, and drafts have increased on the Lower Miss. A backup at the LaGrange Lock could potentially slow down barge movement with over 25 barges waiting in the queue, taking 4 to 5 days to lock through. • Reuters reported on Thursday that according to Brazilian government data, the country shipped its first sorghum load to China in more than 10 years back in January. However, the volume was just under 26 metric tons. • The Supreme Court could release their decision today on the legality of President Trump's tariffs that he claims fall under the International Emergency Economic Powers Act. This is not the first time the trade has thought the Court would rule on the decision for these tariffs. • The EIA Weekly Ethanol Production report showed ethanol production for the week ending February 13th up 0.7% from last week. Ethanol stocks increased 341,000 barrels from the week prior, which was a new four-week high but still down more than 2% from the same week last year. Both production and stocks fell within trade expectations. • China continues to remain absent from the market while on holiday. Pakistan is looking for beans for April. On the corn front, Japan is in the market for March and April. • The U.S. and Indonesia signed a trade agreement Thursday that will provide expanded market access for U.S. products, with agriculture included. The focus with ag products will be to reduce tariffs and quota access. • Barge shipments on the Mississippi River for the week ending February 14th, according to the USDA, are up 78% from the week prior. Soybean shipments were up 55%, and corn shipments were up 122%. • South American weather forecasts show rains for both Brazil and most of the Argentina grain areas over the next week. • Outside markets are trading mixed: crude oil futures are down 10-15 cents/bbl, the Dow Jones index is down 100-110 points, and the U.S. dollar index is up 2-10 points. • Today's reports include Weekly Export Sales and the CFTC Commitment of Traders. • Today is the Last Trading Day for March grain options. ... See MoreSee Less
🌽 Corn Market Update Steady trade was had in the corn market to end the week on Friday, with prices higher across the board on ongoing strength in the wheat market and as the tariff news had little impact on corn pricing specifically. There wasn't a lot new throughout the day otherwise, with a lot of the trade's focus remaining on crop prospects in South America that are seemingly improving. Recent rains through Argentina's ag belt this week came at an almost perfect time, while a wetter shift in the forecast for Brazil does nothing but boost soil moisture reserves that will be needed later in April/May when the rainy season shuts off. This would tend to bode negative Chicago futures, but until/unless the funds decide they want to pile back into more of a net-short position, we would see a lot of this as old news to the market at this point, and wouldn't necessarily be cause for a quick push lower.
🌱 Soybean Market Update The bean market closed the week quietly lower on Friday after what ended up being a fairly wide-ranging choppy session of trade. Prices were modestly lower throughout most of the overnight session, but worked into the green and made new highs for the week on the open this morning before quickly plunging on the tariff ruling by the Supreme Court. While somewhat speculative still at this point amid all the unknowns, the idea behind the selling in the beans was that if Trump's 10% fentanyl tariff wasn't in place, the Chinese would have no reason to continue trying to appease Trump by buying US beans, and would take their business back to the more economically feasible supplies in Brazil. Data shows around 5-7 MMTs of the original 12 still yet to be shipped, while if that thought process ends up being accurate, we would assume the additional 8 MMTs on top of the original 12 are also in jeopardy to be shipped, let alone even be booked. Like we mentioned above, there are far more questions than answers at this point, which produced the two-sided price action the rest of the day following the announcement.
🌾 Wheat Market Update The wheat market pumped higher for a third straight session on Friday, with values up another 1.5%+ on what continues to be appear to be nothing more than short covering and speculative positioning amid a lack of any other sort of real fresh fundamental news. With the market now at its highest level since last summer and having cleared most short term resistance, its a small shift in focus to new crop fundamentals that is maybe behind the recent rally, but its simply too early in the season in our opinion to make any sort of whole sale assertations on price. Yes, southern hemisphere supplies likely drop from this year's record levels, but does that warrant Chicago futures prices that are at or near $6? Our answer would be maybe, but it depends on a whole bevy of other variables and factors that are likely to change over the next 8-10 months. ... See MoreSee Less
• Friday trade is mostly higher to round out the week. Soybeans are in the green again today, while soy oil is seeing some profit taking off this week's runup. Corn remains trading in a narrow range. • Wheat continues to move to the upside as an Indonesian trade deal was signed that would focus on U.S. wheat exports, along with dryness in the Southern Plains and funds paring back short positions. • Corn CIF saw minor changes with March up a penny, now bid +101H. CIF beans also saw some strength nearby with March up 1c, but April/May backed off a penny. • Barge freight worked higher on the Illinois, St. Louis, and Mid-Miss. Warmer temperatures have helped river conditions, and drafts have increased on the Lower Miss. A backup at the LaGrange Lock could potentially slow down barge movement with over 25 barges waiting in the queue, taking 4 to 5 days to lock through. • Reuters reported on Thursday that according to Brazilian government data, the country shipped its first sorghum load to China in more than 10 years back in January. However, the volume was just under 26 metric tons. • The Supreme Court could release their decision today on the legality of President Trump's tariffs that he claims fall under the International Emergency Economic Powers Act. This is not the first time the trade has thought the Court would rule on the decision for these tariffs. • The EIA Weekly Ethanol Production report showed ethanol production for the week ending February 13th up 0.7% from last week. Ethanol stocks increased 341,000 barrels from the week prior, which was a new four-week high but still down more than 2% from the same week last year. Both production and stocks fell within trade expectations. • China continues to remain absent from the market while on holiday. Pakistan is looking for beans for April. On the corn front, Japan is in the market for March and April. • The U.S. and Indonesia signed a trade agreement Thursday that will provide expanded market access for U.S. products, with agriculture included. The focus with ag products will be to reduce tariffs and quota access. • Barge shipments on the Mississippi River for the week ending February 14th, according to the USDA, are up 78% from the week prior. Soybean shipments were up 55%, and corn shipments were up 122%. • South American weather forecasts show rains for both Brazil and most of the Argentina grain areas over the next week. • Outside markets are trading mixed: crude oil futures are down 10-15 cents/bbl, the Dow Jones index is down 100-110 points, and the U.S. dollar index is up 2-10 points. • Today's reports include Weekly Export Sales and the CFTC Commitment of Traders. • Today is the Last Trading Day for March grain options. ... See MoreSee Less
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