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 Corn futures saw gains of 2-3 cents across the board on Tuesday, led to the upside mostly by strength in the crude oil market and as there are enough weather concern possibilities around the globe to at least keep the trade interested. In the US, soil moisture maps are better than they were a month ago for most of the Corn Belt but still show sizeable areas with significant deficits; and in Brazil, early signs of a shift to a drier outlook by mid-April have brought safrinha yields into question for some of the later planted crops. These issues are not immediate crop threats today, but will need monitoring over the next 4-6 weeks and could become market events during that time period if more crop-friendly patters don't emerge in the meantime.
🌱 Soybean Market Update While the beans and the meal closed lower on Tuesday, oil saw strength throughout the morning on yet another round of headlines regarding the proposed RVO mandate from the EPA, which is now expected to be released sometime either tomorrow or Thursday. We talk about this every time one of these rumor pops occurs, but would just continue reiterating that with as much premium as has been pumped into the market over the past several months, the environment is ripe for a sell the fact type reaction, which we would not be at all surprised to see occur. Then once the RVO is out, focus quickly shifts to planted acreage estimates next week, which will become talking point number one in the market outside of Iran once we get into April.
🌾 Wheat Market Update Wheat futures traded in lock-step with the corn market on Tuesday, with neither able to muster much momentum in either direction throughout the day before closing marginally higher. With there being an ongoing lack of notable new fundamental news, the seasonals would suggest markets remain in a bit of a steady downtrend through the end of the month after peaking within a day of the interim seasonal high in early March, before then trading sideways for most of the next month. Markets typically then see a brief rally into May before a final turn lower as harvest then gets rolling in June. ... See MoreSee Less
Commodities are mixed on this Turnaround Tuesday, w/the grains now trading slightly higher and soybeans lower. Markets appear confused about who exactly is talking to who as the U.S. and Iranian messages regarding the conflict in the Middle East differs starkly- thus the swings in the markets. Fighting between Iran and the U.S./Israeli alliance has continued, despite Pres Trump saying talks are under way to end the conflict. Trump had paused planned U.S. strikes on Iranian power/energy infrastructure yesterday morning after saying talks with Iran were “constructive.” In return, Iran denied any communication with the U.S., contradicting Trump’s claims. Regardless, the Strait of Hormuz remains effectively closed, w/only a small amount of Indian and Iranian cargoes reportedly transiting through. Offshore oil reserves have rapidly fallen. Floating oil storage is estimated around 78M barrels, and stockpiles have halved since late LY, when they peaked due to shifts in Russian and Iranian trade flows. Yesterday, EPA’s Admin Zeldon said a biofuel blending quota announcement will be made before the end of the month, raising the odds of an announcement at the White House's Celebration of Ag event Friday. Yesterday morning, private exporters reported sales of 102,000 mt’s of corn and 161,120 mt’s of beans- both to Mexico for 25/26. The Chinese were quiet coming out of the weekend on the buying front. Traders were hopeful on Monday that a quick resolution w/Iran could result in Pres Trump moving up his visit to Beijing but that looks unlikely this morning. A delegation from Brazil's Ag Ministry has begun talks w/Chinese authorities re: phytosanitary inspection rules for Brazilian beans, following complaints from exporters Chinese demands were complicating the cert process. The ministry said discussions were only starting and no decisions had been reached. This was contrary to talk on Monday that China had already moved to relax the rules and allowed previously rejected cargoes from Brazil to clear without reinspection. Sources indicate China has more than sufficient supplies of soybeans on the front end. Late LW, nearby Brazilian bean export basis was flat, while June offerings firmed out of Santos. Argy corn export premiums were easier while Brazil values held steady. Feedgrain export interest remains routine, w/Egypt shopping for May corn and Japan for July. CIF beans started the week softer for Apr/May/June/July while Aug showed some improvement. CIF corn was slightly lower in the June/July/August timeslots but otherwise unchanged. Processor corn held mostly steady yesterday afternoon. River corn was steady to a few cents firmer nearby. Crusher bean basis was mixed. Decatur dropped 8¢ nearby while Bellevue, OH and Cedar Rapids, IA firmed a nickel, and IA Falls and KC improved a dime. River beans were mixed. SK26/SN26 notched a new low Monday, pushing out to -16 and is trading at -15 ¾ this morning. Forecasts for much of the Midwest appear dry to start the week, with wetter/warmer conditions expected later in the week. ... See MoreSee Less
🌽 Corn Market Update Corn futures saw gains of 2-3 cents across the board on Tuesday, led to the upside mostly by strength in the crude oil market and as there are enough weather concern possibilities around the globe to at least keep the trade interested. In the US, soil moisture maps are better than they were a month ago for most of the Corn Belt but still show sizeable areas with significant deficits; and in Brazil, early signs of a shift to a drier outlook by mid-April have brought safrinha yields into question for some of the later planted crops. These issues are not immediate crop threats today, but will need monitoring over the next 4-6 weeks and could become market events during that time period if more crop-friendly patters don't emerge in the meantime.
🌱 Soybean Market Update While the beans and the meal closed lower on Tuesday, oil saw strength throughout the morning on yet another round of headlines regarding the proposed RVO mandate from the EPA, which is now expected to be released sometime either tomorrow or Thursday. We talk about this every time one of these rumor pops occurs, but would just continue reiterating that with as much premium as has been pumped into the market over the past several months, the environment is ripe for a sell the fact type reaction, which we would not be at all surprised to see occur. Then once the RVO is out, focus quickly shifts to planted acreage estimates next week, which will become talking point number one in the market outside of Iran once we get into April.
🌾 Wheat Market Update Wheat futures traded in lock-step with the corn market on Tuesday, with neither able to muster much momentum in either direction throughout the day before closing marginally higher. With there being an ongoing lack of notable new fundamental news, the seasonals would suggest markets remain in a bit of a steady downtrend through the end of the month after peaking within a day of the interim seasonal high in early March, before then trading sideways for most of the next month. Markets typically then see a brief rally into May before a final turn lower as harvest then gets rolling in June. ... See MoreSee Less
Commodities are mixed on this Turnaround Tuesday, w/the grains now trading slightly higher and soybeans lower. Markets appear confused about who exactly is talking to who as the U.S. and Iranian messages regarding the conflict in the Middle East differs starkly- thus the swings in the markets. Fighting between Iran and the U.S./Israeli alliance has continued, despite Pres Trump saying talks are under way to end the conflict. Trump had paused planned U.S. strikes on Iranian power/energy infrastructure yesterday morning after saying talks with Iran were “constructive.” In return, Iran denied any communication with the U.S., contradicting Trump’s claims. Regardless, the Strait of Hormuz remains effectively closed, w/only a small amount of Indian and Iranian cargoes reportedly transiting through. Offshore oil reserves have rapidly fallen. Floating oil storage is estimated around 78M barrels, and stockpiles have halved since late LY, when they peaked due to shifts in Russian and Iranian trade flows. Yesterday, EPA’s Admin Zeldon said a biofuel blending quota announcement will be made before the end of the month, raising the odds of an announcement at the White House's Celebration of Ag event Friday. Yesterday morning, private exporters reported sales of 102,000 mt’s of corn and 161,120 mt’s of beans- both to Mexico for 25/26. The Chinese were quiet coming out of the weekend on the buying front. Traders were hopeful on Monday that a quick resolution w/Iran could result in Pres Trump moving up his visit to Beijing but that looks unlikely this morning. A delegation from Brazil's Ag Ministry has begun talks w/Chinese authorities re: phytosanitary inspection rules for Brazilian beans, following complaints from exporters Chinese demands were complicating the cert process. The ministry said discussions were only starting and no decisions had been reached. This was contrary to talk on Monday that China had already moved to relax the rules and allowed previously rejected cargoes from Brazil to clear without reinspection. Sources indicate China has more than sufficient supplies of soybeans on the front end. Late LW, nearby Brazilian bean export basis was flat, while June offerings firmed out of Santos. Argy corn export premiums were easier while Brazil values held steady. Feedgrain export interest remains routine, w/Egypt shopping for May corn and Japan for July. CIF beans started the week softer for Apr/May/June/July while Aug showed some improvement. CIF corn was slightly lower in the June/July/August timeslots but otherwise unchanged. Processor corn held mostly steady yesterday afternoon. River corn was steady to a few cents firmer nearby. Crusher bean basis was mixed. Decatur dropped 8¢ nearby while Bellevue, OH and Cedar Rapids, IA firmed a nickel, and IA Falls and KC improved a dime. River beans were mixed. SK26/SN26 notched a new low Monday, pushing out to -16 and is trading at -15 ¾ this morning. Forecasts for much of the Midwest appear dry to start the week, with wetter/warmer conditions expected later in the week. ... See MoreSee Less
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