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 Will keep it short here this afternoon, as the corn market saw another day of relatively quiet trade amid an ongoing lack of anything of importance to chew on from a fundamental standpoint. Sales data this morning was positive, but was a month and a half old and makes little difference to current fundamentals, which led prices to just drift lower again throughout the day today. With the market now back to the bottom end of the trading range again and tomorrow being a Friday, key going into the weekend will be whether this level holds or if the market takes another leg down.
🌱 Soybean Market Update Soybean futures closed lower for a third straight day on Thursday, as the excitement surrounding the Chinese bean purchases has run its course and traders are realizing that while they are a step in the right direction, the sales are a drop in the bucket in terms of what the Trump administration has touted they would be buying. Furthermore, though it has gone by the wayside a bit, there has still been zero confirmation from the Chinese side that any sort of trade deal has been signed, let alone that they have any intention in adhering to it. Then aside from this, in the background remains a 175+ MMT crop that is growing in Brazil, that regardless of what happens between the US and China, should limit rally potential on the margin going into 2026.
🌾 Wheat Market Update After climbing above the 100-day moving average on Monday this week, Chicago wheat futures fell back below this level on Thursday, with selling in abundance right from this morning's open. Scattered headlines that a peace deal could be reached in Ukraine "as early as in the next week" following meetings between Ukrainian President Zelensky and Russian officials this week were the main source of the sell pressure, but a further decline in Argentine wheat values, which are the cheapest in the world, also didn't help matters. We have little insight into the situation in Ukraine, but would simply mention peace deals have allegedly been days or weeks away several time in the past year since Trump was elected president, only to fall apart at some point down the road. We see the fundamental differences between the Russians and the Ukrainians as largely remaining in place, which hinders our optimism. ... See MoreSee Less
🌽 Corn Market Update Will keep it short here this afternoon, as the corn market saw another day of relatively quiet trade amid an ongoing lack of anything of importance to chew on from a fundamental standpoint. Sales data this morning was positive, but was a month and a half old and makes little difference to current fundamentals, which led prices to just drift lower again throughout the day today. With the market now back to the bottom end of the trading range again and tomorrow being a Friday, key going into the weekend will be whether this level holds or if the market takes another leg down.
🌱 Soybean Market Update Soybean futures closed lower for a third straight day on Thursday, as the excitement surrounding the Chinese bean purchases has run its course and traders are realizing that while they are a step in the right direction, the sales are a drop in the bucket in terms of what the Trump administration has touted they would be buying. Furthermore, though it has gone by the wayside a bit, there has still been zero confirmation from the Chinese side that any sort of trade deal has been signed, let alone that they have any intention in adhering to it. Then aside from this, in the background remains a 175+ MMT crop that is growing in Brazil, that regardless of what happens between the US and China, should limit rally potential on the margin going into 2026.
🌾 Wheat Market Update After climbing above the 100-day moving average on Monday this week, Chicago wheat futures fell back below this level on Thursday, with selling in abundance right from this morning's open. Scattered headlines that a peace deal could be reached in Ukraine "as early as in the next week" following meetings between Ukrainian President Zelensky and Russian officials this week were the main source of the sell pressure, but a further decline in Argentine wheat values, which are the cheapest in the world, also didn't help matters. We have little insight into the situation in Ukraine, but would simply mention peace deals have allegedly been days or weeks away several time in the past year since Trump was elected president, only to fall apart at some point down the road. We see the fundamental differences between the Russians and the Ukrainians as largely remaining in place, which hinders our optimism. ... See MoreSee Less
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