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.
Early Calls: Mixed to lower. Choppy, low-volume trade is likely.
• On Wednesday, USDA announced commodity payment rates for the Farmer Bridge Assistance Program: $44.36/acre for corn, $30.88/acre for soybeans, and $39.35/acre for wheat.
• Wednesday’s weekly EIA report showed ethanol production for the week ending December 26th increased 2.3% w/w. Ethanol stocks also grew.
• China said it will maintain stable grain prices, amid rumors of reserve stocks selling in corn and wheat for January.
• The Chinese were a bit more active in front of the holiday, reportedly buying 5 Brazilian bean cargoes for Feb out to June.
• The Dalian Exchange is closed today.
• CIF bean market quieted down on Wednesday, w/ Jan changing hands at +100F (the bid side of the ledger).
• CIF corn was steady on the day. Global buyers continue to look at the U.S. against other global origins for corn, but for the most part are making U.S. purchases.
• Egypt was said to be looking for March corn in front of the holiday.
• Domestic basis was mostly steady Wednesday for both corn and beans. Some crushers have rolled nearby bids to the SH, but most river bids remain vs the SF.
• The U.S. weather forecast shows moisture for the Midwest and South, w/temps above normal the next two weeks. This should help further improve water levels in the river system and keep ice off the IL River.
• S American weather forecasts show rain for the Brazilian grain areas. The N Argy areas should also see rain while the S looks dry.
Other headlines this morning: * January delivery totals for Dec 30th & Dec 31st: 55 soyoil, zero soymeal, and 1,975 soybeans * DOW: trading higher * Nearby crude oil: trading lower * U.S. dollar trading firmer * Global stocks are bounding out of the starting blocks * 30-yr Treasury yield jumped to 4.88%, its highest level since Sept * Oil prices have slipped despite a supply glut -Civil unrest in Iran, and the Trump admin’s campaign against Venezuela remains a focus * Gold & silver building on their best annual performances since 1979 * Corn & beans set record trading volumes in 2025 * Argy's ag export revenues jump 25% in 2025 * Brazil’s AG proposed delay to law tied to Amazon Protection Pact * SovEcon: raises 2025 Russia’s wheat export forecast to 44.6 MMT’s * USDA's monthly Nov Fats & Oils report scheduled for release at 2 pm CST- - Avg est @ 225.239 mln. bu. ... See MoreSee Less
Early Calls: Mixed to lower. Choppy, low-volume trade is likely.
• On Wednesday, USDA announced commodity payment rates for the Farmer Bridge Assistance Program: $44.36/acre for corn, $30.88/acre for soybeans, and $39.35/acre for wheat.
• Wednesday’s weekly EIA report showed ethanol production for the week ending December 26th increased 2.3% w/w. Ethanol stocks also grew.
• China said it will maintain stable grain prices, amid rumors of reserve stocks selling in corn and wheat for January.
• The Chinese were a bit more active in front of the holiday, reportedly buying 5 Brazilian bean cargoes for Feb out to June.
• The Dalian Exchange is closed today.
• CIF bean market quieted down on Wednesday, w/ Jan changing hands at +100F (the bid side of the ledger).
• CIF corn was steady on the day. Global buyers continue to look at the U.S. against other global origins for corn, but for the most part are making U.S. purchases.
• Egypt was said to be looking for March corn in front of the holiday.
• Domestic basis was mostly steady Wednesday for both corn and beans. Some crushers have rolled nearby bids to the SH, but most river bids remain vs the SF.
• The U.S. weather forecast shows moisture for the Midwest and South, w/temps above normal the next two weeks. This should help further improve water levels in the river system and keep ice off the IL River.
• S American weather forecasts show rain for the Brazilian grain areas. The N Argy areas should also see rain while the S looks dry.
Other headlines this morning: * January delivery totals for Dec 30th & Dec 31st: 55 soyoil, zero soymeal, and 1,975 soybeans * DOW: trading higher * Nearby crude oil: trading lower * U.S. dollar trading firmer * Global stocks are bounding out of the starting blocks * 30-yr Treasury yield jumped to 4.88%, its highest level since Sept * Oil prices have slipped despite a supply glut -Civil unrest in Iran, and the Trump admin’s campaign against Venezuela remains a focus * Gold & silver building on their best annual performances since 1979 * Corn & beans set record trading volumes in 2025 * Argy's ag export revenues jump 25% in 2025 * Brazil’s AG proposed delay to law tied to Amazon Protection Pact * SovEcon: raises 2025 Russia’s wheat export forecast to 44.6 MMT’s * USDA's monthly Nov Fats & Oils report scheduled for release at 2 pm CST- - Avg est @ 225.239 mln. bu. ... See MoreSee Less
0 CommentsComment on Facebook