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 continued their back and forth for the week on Thursday, finishing higher and scoring new highs for the last few days on fund short covering and spill-over buying from the wheat market that crept into the market throughout the morning. The minor cut from CONAB was helpful, but attention as it pertains to South American corn is focused on Argentina, where the range of production estimates from several reputable sources including the USDA and the BAGE is quite wide. An Argy crop of 60+ MMTs hits the world balance sheet quite a bit harder than the 53 MMTs being forecast by the USDA, and certainly makes up for any one or two million ton cuts out of Brazil in the next couple months.
🌱 Soybean Market Update Soybean futures saw a gap-higher open last night and scored new highs for the week before finishing the day higher on Thursday. Product markets were also higher, as bean oil scored another round of new contract highs and meal also made new highs for the move. Positive sentiment was mostly again the result of happenings with China and headlines regarding the situation, though we have no better answer today as to whether Xi is going to make good on Trump's request for an additional 8 million tons of purchases than we did yesterday. We continue repeating it, but the bottom line for soybean prices is that Brazil has a massive crop that is priced to move; China has very little, if any, reason outside of politics to buy beans from the US, and if they don't, current export forecasts from the USDA are probably too high and ending stocks will probably work higher without a weather issue into the back half of the marketing year.
🌾 Wheat Market Update Wheat futures saw another strong day on Thursday, with spot futures testing the 200-day moving average on the charts for the first time since last June on ongoing short covering and technical buying. Russian export prices have worked steadily higher this week, but otherwise, we're struggling to find much again today to point to in terms of fundamentals for the pop. With carries lessening in the spreads, fund traders who are still sitting on shorts are seeing less and less reason to roll positions forward, which is leading to them exit positions and thereby cause prices to go up. ... See MoreSee Less
Good morning. Grain prices are mixed while soybeans enjoy another morning of double-digit gains. March beans traded above last Friday’s high overnight and to the highest point since early December. The bounce last night was attributed to the South China Morning Post reporting that the U.S. and China would likely extend their current trade truce for another year when the two parties meet in April. This offers hope that China will make do on their 25 MMT bean purchase next year that the White House has committed them to. As usual with China, we will see. Conab was out this morning with Brazil production updates. They put Brazil beans at 178 MMT, up 1.9 MMT from last month. The USDA is at 180 MMT. Conab lowered corn by 0.5 MMT to 138.4 MMT. The 2nd crop was lowered by 1.2 MMT to 109.3 MMT. The USDA is at 131 for total Brazil corn. The U.S. is reportedly close to announcing a trade deal with Taiwan. The index roll for March contracts ends today. The roll has at least partly had some widening influence on nearby corn and bean spreads. In addition, a leveling off for Gulf values has caused some relaxing of spreads. The IL river has seen a little better activity in loadings over the last couple of days. That should hopefully continue to improve as the temps stay warm through next week. Is winter over? The Delta will stay wet over the next few days, while the Midwest is fairly dry. Hopefully rain chances increase over the next few weeks or otherwise it will be a dry planting season in spots. The updated drought monitor below showed increased dryness in Illinois compared to last week. Corn sales were good this morning at 81.5 mbu. Total commitments are 2.393 bbu with 1.026 bbu. undelivered. Bean sales were poor in comparison at 10.4 mbu. Wheat sales were ok at 17.9 mbu. China’s vacation starts next week. Most of the easy beans have now been bought from the producer so rallies should result in slower buying from here. Although there continues to be corn leak out every week from the producer, there is still lots of corn to buy. That will keep a lid on corn futures if we see a big enough bounce. Have a safe day. ... See MoreSee Less
🌽 Corn Market Update Corn futures continued their back and forth for the week on Thursday, finishing higher and scoring new highs for the last few days on fund short covering and spill-over buying from the wheat market that crept into the market throughout the morning. The minor cut from CONAB was helpful, but attention as it pertains to South American corn is focused on Argentina, where the range of production estimates from several reputable sources including the USDA and the BAGE is quite wide. An Argy crop of 60+ MMTs hits the world balance sheet quite a bit harder than the 53 MMTs being forecast by the USDA, and certainly makes up for any one or two million ton cuts out of Brazil in the next couple months.
🌱 Soybean Market Update Soybean futures saw a gap-higher open last night and scored new highs for the week before finishing the day higher on Thursday. Product markets were also higher, as bean oil scored another round of new contract highs and meal also made new highs for the move. Positive sentiment was mostly again the result of happenings with China and headlines regarding the situation, though we have no better answer today as to whether Xi is going to make good on Trump's request for an additional 8 million tons of purchases than we did yesterday. We continue repeating it, but the bottom line for soybean prices is that Brazil has a massive crop that is priced to move; China has very little, if any, reason outside of politics to buy beans from the US, and if they don't, current export forecasts from the USDA are probably too high and ending stocks will probably work higher without a weather issue into the back half of the marketing year.
🌾 Wheat Market Update Wheat futures saw another strong day on Thursday, with spot futures testing the 200-day moving average on the charts for the first time since last June on ongoing short covering and technical buying. Russian export prices have worked steadily higher this week, but otherwise, we're struggling to find much again today to point to in terms of fundamentals for the pop. With carries lessening in the spreads, fund traders who are still sitting on shorts are seeing less and less reason to roll positions forward, which is leading to them exit positions and thereby cause prices to go up. ... See MoreSee Less
Good morning. Grain prices are mixed while soybeans enjoy another morning of double-digit gains. March beans traded above last Friday’s high overnight and to the highest point since early December. The bounce last night was attributed to the South China Morning Post reporting that the U.S. and China would likely extend their current trade truce for another year when the two parties meet in April. This offers hope that China will make do on their 25 MMT bean purchase next year that the White House has committed them to. As usual with China, we will see. Conab was out this morning with Brazil production updates. They put Brazil beans at 178 MMT, up 1.9 MMT from last month. The USDA is at 180 MMT. Conab lowered corn by 0.5 MMT to 138.4 MMT. The 2nd crop was lowered by 1.2 MMT to 109.3 MMT. The USDA is at 131 for total Brazil corn. The U.S. is reportedly close to announcing a trade deal with Taiwan. The index roll for March contracts ends today. The roll has at least partly had some widening influence on nearby corn and bean spreads. In addition, a leveling off for Gulf values has caused some relaxing of spreads. The IL river has seen a little better activity in loadings over the last couple of days. That should hopefully continue to improve as the temps stay warm through next week. Is winter over? The Delta will stay wet over the next few days, while the Midwest is fairly dry. Hopefully rain chances increase over the next few weeks or otherwise it will be a dry planting season in spots. The updated drought monitor below showed increased dryness in Illinois compared to last week. Corn sales were good this morning at 81.5 mbu. Total commitments are 2.393 bbu with 1.026 bbu. undelivered. Bean sales were poor in comparison at 10.4 mbu. Wheat sales were ok at 17.9 mbu. China’s vacation starts next week. Most of the easy beans have now been bought from the producer so rallies should result in slower buying from here. Although there continues to be corn leak out every week from the producer, there is still lots of corn to buy. That will keep a lid on corn futures if we see a big enough bounce. Have a safe day. ... See MoreSee Less
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