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 The corn market closed quietly higher on Tuesday, as strength in the rest of the space kept values above unchanged throughout the day amid little happening elsewhere Like last week, there isn't a ton out of the ordinary in regards to early-season planting progress, and we see a good mix of rain and sunshine ahead allowing things to continue to progress normally in the short term. Otherwise, we see an apparently ever-growing Argentine crop as lingering in the background, with new private estimates again today making it more and more likely that the USDA is going to have to adjust their production figure for the country significantly higher at some point between now and the end of summer.
🌱 Soybean Market Update The soy complex finished Tuesday mostly in the green, led to the upside by the previously mentioned strength in the bean oil market that caused spec buying to emerge throughout the morning. While the algorithms took bullishness in the oil markets as a sign to buy today, we would caution that a potential bearish outcome of the resumption of the war in Iran would be that it potentially delays President Trump's trip to China even further. While this has been pushed to the back burner a bit over the last month, it is worth noting that every week that goes by without a meeting at this point is another week China isn't buying beans from us, which makes the current USDA export forecast more and more difficult to achieve. Bean oil is holding the complex up for now, but we see record planting pace and an ongoing lack of progress with Chinese as potential bearish headwinds in the future.
🌾 Wheat Market Update The wheat market saw two-sided trade on Tuesday before finishing the session higher, as lower trade early in the morning gave way to buying throughout the day session and into the close. Focus in the short term is on frost potential for parts of KS and NE over the next week, which amid already tumbling condition ratings, would likely be price positive should it occur. Notable is the fact that this is the first spot close above $6 in nearly a month, and also that this is the sixth higher close for May futures in the last seven sessions. ... See MoreSee Less
Good morning. Grain prices are mixed this morning, and nearby spreads are firmer again. Crude is flat with equity futures higher. Quiet start overall. President Trump is speaking this morning, with most expecting an update on Iran. The two-week ceasefire expires tomorrow. Iran confirmed late last night that they will send a delegation to discuss talks with the U.S., but we will see if they show up. There has been no real change in the direction of the war recently as the Strait remains mostly closed. The Midwest weather warms up starting today with a mostly warm week expected. A few rain chances show up this week with the best chances on Friday. It is assumed that most areas will try some fieldwork prior to then. The extended forecast advertises a cooler temperature profile. The crop progress report showed corn planting at 11%, which was up 6% from last week. Kentucky was up 24% to 48% planted and Tennessee was up 22% to 64% planted. Iowa continues to be slow at just 2% planted on corn. Soybeans are 12% planted, up 6% from last week. Tennessee is 50% planted on beans and KY is 33% planted. Illinois is historically strong at 20% planted. The Delta is making good progress as well as conditions continue to be very dry in the southeast. Winter wheat is rated 30% good to excellent, which was down 4% from last week. Kansas ratings dropped another 8% to 24% G/EX. Oklahoma was steady at 10% G/EX. Spring wheat is 12% planted, which is on the 5-year average. The weather models are still showing some rain chances in the western plains during the first week of May, but it will be dry until then. Heavy rains are slated across the southern half of the Midwest with more rains slated for parts of Iowa, where planting is slow. Brazil is 92% harvested on soybeans. The 2nd corn crop there is in relatively good shape, but some areas did go in later than desired. This pushes more of the critical phase for the corn back into the dry/chilly season so timely rains will be needed past the normal time frames to maximize the crop potential. Something to keep an eye on. May options expire on Friday. First notice day for May futures is next week. May corn continues to hold support in the $4.46 ½ area, but not for sure anyone cares as the producer continues to be quiet. Basis level changes were quiet yesterday, with the river holding significant improvements over the last few days. Have a safe day. ... See MoreSee Less
🌽 Corn Market Update The corn market closed quietly higher on Tuesday, as strength in the rest of the space kept values above unchanged throughout the day amid little happening elsewhere Like last week, there isn't a ton out of the ordinary in regards to early-season planting progress, and we see a good mix of rain and sunshine ahead allowing things to continue to progress normally in the short term. Otherwise, we see an apparently ever-growing Argentine crop as lingering in the background, with new private estimates again today making it more and more likely that the USDA is going to have to adjust their production figure for the country significantly higher at some point between now and the end of summer.
🌱 Soybean Market Update The soy complex finished Tuesday mostly in the green, led to the upside by the previously mentioned strength in the bean oil market that caused spec buying to emerge throughout the morning. While the algorithms took bullishness in the oil markets as a sign to buy today, we would caution that a potential bearish outcome of the resumption of the war in Iran would be that it potentially delays President Trump's trip to China even further. While this has been pushed to the back burner a bit over the last month, it is worth noting that every week that goes by without a meeting at this point is another week China isn't buying beans from us, which makes the current USDA export forecast more and more difficult to achieve. Bean oil is holding the complex up for now, but we see record planting pace and an ongoing lack of progress with Chinese as potential bearish headwinds in the future.
🌾 Wheat Market Update The wheat market saw two-sided trade on Tuesday before finishing the session higher, as lower trade early in the morning gave way to buying throughout the day session and into the close. Focus in the short term is on frost potential for parts of KS and NE over the next week, which amid already tumbling condition ratings, would likely be price positive should it occur. Notable is the fact that this is the first spot close above $6 in nearly a month, and also that this is the sixth higher close for May futures in the last seven sessions. ... See MoreSee Less
Good morning. Grain prices are mixed this morning, and nearby spreads are firmer again. Crude is flat with equity futures higher. Quiet start overall. President Trump is speaking this morning, with most expecting an update on Iran. The two-week ceasefire expires tomorrow. Iran confirmed late last night that they will send a delegation to discuss talks with the U.S., but we will see if they show up. There has been no real change in the direction of the war recently as the Strait remains mostly closed. The Midwest weather warms up starting today with a mostly warm week expected. A few rain chances show up this week with the best chances on Friday. It is assumed that most areas will try some fieldwork prior to then. The extended forecast advertises a cooler temperature profile. The crop progress report showed corn planting at 11%, which was up 6% from last week. Kentucky was up 24% to 48% planted and Tennessee was up 22% to 64% planted. Iowa continues to be slow at just 2% planted on corn. Soybeans are 12% planted, up 6% from last week. Tennessee is 50% planted on beans and KY is 33% planted. Illinois is historically strong at 20% planted. The Delta is making good progress as well as conditions continue to be very dry in the southeast. Winter wheat is rated 30% good to excellent, which was down 4% from last week. Kansas ratings dropped another 8% to 24% G/EX. Oklahoma was steady at 10% G/EX. Spring wheat is 12% planted, which is on the 5-year average. The weather models are still showing some rain chances in the western plains during the first week of May, but it will be dry until then. Heavy rains are slated across the southern half of the Midwest with more rains slated for parts of Iowa, where planting is slow. Brazil is 92% harvested on soybeans. The 2nd corn crop there is in relatively good shape, but some areas did go in later than desired. This pushes more of the critical phase for the corn back into the dry/chilly season so timely rains will be needed past the normal time frames to maximize the crop potential. Something to keep an eye on. May options expire on Friday. First notice day for May futures is next week. May corn continues to hold support in the $4.46 ½ area, but not for sure anyone cares as the producer continues to be quiet. Basis level changes were quiet yesterday, with the river holding significant improvements over the last few days. Have a safe day. ... See MoreSee Less
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