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 closed mixed on Wednesday with the front months lower and the deferred months higher on what was a fairly active day in the spread markets on not a lot of new news again. The rebound in ethanol production was a noted positive, but doesn't do a lot to alter pre-existing fundamentals and was somewhat seasonal following the cold snap that led to the reduced production the week prior. From a price standpoint, we continue to see a rally as being dependent on a loss of bushels in either Brazil or Argentina, and this doesn't seem overly likely today.
🌱 Soybean Market Update The soy complex was mixed on Wednesday, with the beans and meal higher while oil traded lower on what ended being a reversal day to the downside after the market scored new highs early this morning. We talked about it yesterday, but until US planting and the acreage debate comes more into focus as we get into March, price direction is going to almost solely be a product of the debate on whether or not China is going to take the additional 8 MMTs rumored by Trump last week. We can't rule it out, but would just note that a lot of commercials in the industry are viewing this figure as doubtful, and think if there is additional business to be had, it will likely be closer to the tune of 3-4 MMTs and not 8. Even without the current 10% tariff from China, US beans are still some 50+ cents/bu more expensive than those out of Brazil, and unless the US is going to offer something concessionary to make up for this, we just have a hard time believing that China is going to make a significant amount of purchases at that big of a price discrepancy.
🌾 Wheat Market Update Wheat futures closed higher on Wednesday on what was mostly a technical day of trade, with their being little to nothing in the way of headlines and as news generally continues to feature the same two or three stories that have circulated for weeks now. For one, there continues to be enough concern, whether warranted or not, over winterkill in Russia to keep funds from overly extending their short position. But at the same time, falling export values in Australia and Argentina are keeping a lid on the world market for the most part, which like we've talked about a lot in recent weeks/months, has produced the generally sideways/lower trade seen throughout most of the back half of 2025 and the first part of 2026. ... See MoreSee Less
Good morning. Not much new overnight. The USDA report came and went and did not result in much market reaction. Corn ending stocks were at the lower end of the expected range with the increase in corn exports, but it did little to move the needle on prices yesterday. No changes on soybeans and just a fraction of a change on wheat. Gulf values for corn and soybeans have settled back down with export business routine and freight calming on the better weather. Warmer than normal temps will continue to dominant the Midwest for the next few days. Heavy rains are slated for the Delta. The IL river and St. Louis are both slowing catching up. The weekly ethanol figures are out this morning. Conab is out with Brazil updates tomorrow morning. There is some social media chatter about quality issues in northern Brazil on beans due to too much rain, but it is not expected to alter the overarching theme of a 180 MMT crop. Rains will continue to move through Argentina over the next few days. Producer selling is slowing back down now that futures have retreated from last week’s highs. The spring averages for crop insurance through yesterday are listed in the chart below. The trade still expects lower corn acres and higher bean acres for 2026 from last year. Still no additional words from the White House on the extra 8 MMT of beans that China was encouraged to buy by President Trump. China goes on holiday starting on the 17th. The U.S. has a holiday on Monday. The January payrolls report this morning showed +130K jobs versus estimates of +55K. March beans are still trading within Friday’s wide range. March corn trying to hold the 20-day MA today ($4.27 ¼). Barring any surprise news again from the White House, it looks like we are back to the typical February trading doldrums. Have a safe day. ... See MoreSee Less
🌽 Corn Market Update Corn futures closed mixed on Wednesday with the front months lower and the deferred months higher on what was a fairly active day in the spread markets on not a lot of new news again. The rebound in ethanol production was a noted positive, but doesn't do a lot to alter pre-existing fundamentals and was somewhat seasonal following the cold snap that led to the reduced production the week prior. From a price standpoint, we continue to see a rally as being dependent on a loss of bushels in either Brazil or Argentina, and this doesn't seem overly likely today.
🌱 Soybean Market Update The soy complex was mixed on Wednesday, with the beans and meal higher while oil traded lower on what ended being a reversal day to the downside after the market scored new highs early this morning. We talked about it yesterday, but until US planting and the acreage debate comes more into focus as we get into March, price direction is going to almost solely be a product of the debate on whether or not China is going to take the additional 8 MMTs rumored by Trump last week. We can't rule it out, but would just note that a lot of commercials in the industry are viewing this figure as doubtful, and think if there is additional business to be had, it will likely be closer to the tune of 3-4 MMTs and not 8. Even without the current 10% tariff from China, US beans are still some 50+ cents/bu more expensive than those out of Brazil, and unless the US is going to offer something concessionary to make up for this, we just have a hard time believing that China is going to make a significant amount of purchases at that big of a price discrepancy.
🌾 Wheat Market Update Wheat futures closed higher on Wednesday on what was mostly a technical day of trade, with their being little to nothing in the way of headlines and as news generally continues to feature the same two or three stories that have circulated for weeks now. For one, there continues to be enough concern, whether warranted or not, over winterkill in Russia to keep funds from overly extending their short position. But at the same time, falling export values in Australia and Argentina are keeping a lid on the world market for the most part, which like we've talked about a lot in recent weeks/months, has produced the generally sideways/lower trade seen throughout most of the back half of 2025 and the first part of 2026. ... See MoreSee Less
Good morning. Not much new overnight. The USDA report came and went and did not result in much market reaction. Corn ending stocks were at the lower end of the expected range with the increase in corn exports, but it did little to move the needle on prices yesterday. No changes on soybeans and just a fraction of a change on wheat. Gulf values for corn and soybeans have settled back down with export business routine and freight calming on the better weather. Warmer than normal temps will continue to dominant the Midwest for the next few days. Heavy rains are slated for the Delta. The IL river and St. Louis are both slowing catching up. The weekly ethanol figures are out this morning. Conab is out with Brazil updates tomorrow morning. There is some social media chatter about quality issues in northern Brazil on beans due to too much rain, but it is not expected to alter the overarching theme of a 180 MMT crop. Rains will continue to move through Argentina over the next few days. Producer selling is slowing back down now that futures have retreated from last week’s highs. The spring averages for crop insurance through yesterday are listed in the chart below. The trade still expects lower corn acres and higher bean acres for 2026 from last year. Still no additional words from the White House on the extra 8 MMT of beans that China was encouraged to buy by President Trump. China goes on holiday starting on the 17th. The U.S. has a holiday on Monday. The January payrolls report this morning showed +130K jobs versus estimates of +55K. March beans are still trading within Friday’s wide range. March corn trying to hold the 20-day MA today ($4.27 ¼). Barring any surprise news again from the White House, it looks like we are back to the typical February trading doldrums. Have a safe day. ... See MoreSee Less
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