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
6/15/26 MIDCO MORNING COMMENTS
6/12/26 MIDCO AFTERNOON COMMENTS 0 CommentsComment on Facebook
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Good morning. The U.S. and Iran are expected to sign a peace agreement on Friday in Switzerland. It will include a 60-day period to finalize the items that will bring peace to the region. The Strait is expected to re-open within 30 days. Crude old is $4.50 lower this morning and is pulling most ag markets with it. July corn is in to new contract lows and July beans are trading to its lowest level since February. Chicago wheat is down double digits this morning. The forecast leans bearish as well. Heavy rains will impact the center of the Midwest this week with 2-to-4-inch totals predicted . The Delta will see heavy rains as well. The west will be on the dry side. The temps will be cool for this time of year. Some folks may see too much moisture, but it is hard for the grain markets to get too concerned about that in June. It won’t be ideal for wheat harvest. Export inspections are out today. Crop progress is out this afternoon. NOPA crush for May will be out today as well. Estimates are for May crush come in near 216 mbu. If achieved, it would be a record figure for May, but it would be the slowest daily crush rate since last September. Seasonal maintenance is to blame for the slower daily rate. The soyoil stocks figure for May is predicted at 1.855 billion pounds, the lowest since the end of December. The funds are now estimated to have a net short position in corn. The corn chart remains oversold. There is still a window to have some weather concern this summer, but it is closing quickly. Need some new demand. No trade on Friday due to the Juneteenth holiday. It will likely be another quiet week as the producer remains uninterested. Hopefully, some cheaper fuel costs are coming. Have a safe day.
... See MoreSee Less
🌽 Corn Market Update
Outside of this afternoon's weekly CFTC update, there was little if anything new in the corn market on Friday with futures closing varying degrees of higher after scoring another round of new contract lows for the third time this week earlier in the session. The only headlines of note throughout the day were focused on the Middle East, where despite verbal progress towards an agreement the last 48 hours, there still seems to be a considerable amount of confusion in terms of whether or not a peace deal has actually been reached. War premium exists in the corn market due to it's effect on fertilizer prices, which by some metrics, have already started to come down from their peaks seen in the last couple months. However, it remains our opinion that activity in the Strait of Hormuz must return to normal or near-normal levels before Middle East influence entirely exits the corn market.
🌱 Soybean Market Update
This afternoon's soybean comments are largely rinse and repeat from the corn section, as values closed mixed/mostly lower Friday on what was another day of trading rhetoric out of the Middle East. From a big picture standpoint and outside of what goes on with Iran, we see trade largely staying sideways the next couple weeks unless China finally comes in due to question marks surrounding US planted acreage that are hopefully going to be answered at the end of the month. The media thinks cool/wet spring weather through parts of the Midwest will lead to a boost in planted acres for beans, but history has shown it's nearly impossible to outguess the June report. A bump in acres, plus record or near-record yields, plus no buying from China likely equals a not-so-friendly ending stocks number on the new crop balance sheet, and this likely caps the upside somewhat for the foreseeable future.
🌾 Wheat Market Update
Wheat futures were lower to end the week on Friday, as technical selling and negative seasonals continued to be the main theme throughout the market despite the USDA once again cutting production figures in this week's update. Export prices are still largely non-competitive, which as we've discussed for weeks now, is the primary offsetting factor to lower production figures. Should Russian wheat continue to work into Mexico on a regular basis, we assume a broad-based rally in US futures will be somewhat difficult to come by.
... See MoreSee Less
News Announcements
6/15/26 MIDCO MORNING COMMENTS
Good morning. The U.S. and Iran are expected to sign a peace agreement on Friday in Switzerland. It will include a 60-day period to finalize the items that will bring peace to the region. The Strait is expected to re-open within 30 days. Crude old is $4.50 lower this morning and is pulling most ag markets with it. July corn is in to new contract lows and July beans are trading to its lowest level since February. Chicago wheat is down double digits this morning. The forecast leans bearish as well. Heavy rains will impact the center of the Midwest this week with 2-to-4-inch totals predicted . The Delta will see heavy rains as well. The west will be on the dry side. The temps will be cool for this time of year. Some folks may see too much moisture, but it is hard for the grain markets to get too concerned about that in June. It won’t be ideal for wheat harvest. Export inspections are out today. Crop progress is out this afternoon. NOPA crush for May will be out today as well. Estimates are for May crush come in near 216 mbu. If achieved, it would be a record figure for May, but it would be the slowest daily crush rate since last September. Seasonal maintenance is to blame for the slower daily rate. The soyoil stocks figure for May is predicted at 1.855 billion pounds, the lowest since the end of December. The funds are now estimated to have a net short position in corn. The corn chart remains oversold. There is still a window to have some weather concern this summer, but it is closing quickly. Need some new demand. No trade on Friday due to the Juneteenth holiday. It will likely be another quiet week as the producer remains uninterested. Hopefully, some cheaper fuel costs are coming. Have a safe day.
... See MoreSee Less
0 CommentsComment on Facebook
6/12/26 MIDCO AFTERNOON COMMENTS
🌽 Corn Market Update
Outside of this afternoon's weekly CFTC update, there was little if anything new in the corn market on Friday with futures closing varying degrees of higher after scoring another round of new contract lows for the third time this week earlier in the session. The only headlines of note throughout the day were focused on the Middle East, where despite verbal progress towards an agreement the last 48 hours, there still seems to be a considerable amount of confusion in terms of whether or not a peace deal has actually been reached. War premium exists in the corn market due to it's effect on fertilizer prices, which by some metrics, have already started to come down from their peaks seen in the last couple months. However, it remains our opinion that activity in the Strait of Hormuz must return to normal or near-normal levels before Middle East influence entirely exits the corn market.
🌱 Soybean Market Update
This afternoon's soybean comments are largely rinse and repeat from the corn section, as values closed mixed/mostly lower Friday on what was another day of trading rhetoric out of the Middle East. From a big picture standpoint and outside of what goes on with Iran, we see trade largely staying sideways the next couple weeks unless China finally comes in due to question marks surrounding US planted acreage that are hopefully going to be answered at the end of the month. The media thinks cool/wet spring weather through parts of the Midwest will lead to a boost in planted acres for beans, but history has shown it's nearly impossible to outguess the June report. A bump in acres, plus record or near-record yields, plus no buying from China likely equals a not-so-friendly ending stocks number on the new crop balance sheet, and this likely caps the upside somewhat for the foreseeable future.
🌾 Wheat Market Update
Wheat futures were lower to end the week on Friday, as technical selling and negative seasonals continued to be the main theme throughout the market despite the USDA once again cutting production figures in this week's update. Export prices are still largely non-competitive, which as we've discussed for weeks now, is the primary offsetting factor to lower production figures. Should Russian wheat continue to work into Mexico on a regular basis, we assume a broad-based rally in US futures will be somewhat difficult to come by.
... See MoreSee Less
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0 CommentsComment on Facebook