News Announcements
Ludlow Coop is Offering Free Delayed Pricing on Corn & Soybean Deliveries
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.
SPACE AS AVAILABLE FOR CORN & BEANS
Time to Begin Marketing for the 2026 Crop Year with the Average Pricing Program
Why Choose the Average Pricing Program?
- Build a solid base for your 2026 crop marketing plan.
- Capture seasonal highs: Historically, January through June offers the strongest pricing opportunities.
- Flexibility: Commit only 20–35% of an average crop, leaving room for additional marketing.
- Take the emotion out of pricing—a great option for landlords.
- No enrollment cost.
- Extended marketing window: Sell ahead instead of after harvest (19 months vs. 9 months).
Ludlow Coop’s Average Pricing Program
Set Weeks: February 11 – June 24, 2026
- Weekly pricing every Wednesday at noon.
- 20 weeks total; final price is the average of all weekly pricings.
- Based on December (CZ26) corn futures and November (SX26) bean futures.
- Contracts are for Fall 2026 delivery.
- Sign-up deadline: Tuesday, February 10, 2026. Contract must be signed and received before start date.
Patron’s Choice Average Pricing Contract
Your Choice of Consecutive Weeks
- Weekly pricing every Wednesday at noon.
- Choose any consecutive weeks between January 14 – August 26, 2026.
- Based on CZ26 corn futures and SX26 bean futures.
- Contracts are for Fall 2026 delivery.
Ready to Enroll?
Contact your settlement location with:
- Number of bushels
- Chosen dates (for Patron’s Choice)
- Delivery location
Ludlow Coop Offices:
- Buckley: (217) 394-2331
- Danforth: (815) 269-2390
- Ludlow: (217) 396-4111
- Piper City: (815) 707-3347
- Goodwine: (815) 457-2880
2025-2026 Board Members Elected
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)
2025-2026 Drying and Storage Rates
We have posted the current rates for drying and storage grain on our website.
Please visit our Crop Policy Service Rates page for Corn and Soybeans to plan for your storage and drying needs for this harvest season.
Please call the office if you have questions: 217-396-4111
The Grainery Newsletters
6/4/26 MIDCO MORNING COMMENTS 0 CommentsComment on Facebook
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Good morning. Corn just keeps getting uglier. July corn traded in to new contract lows last night. That’s right, new contract lows in June. July corn has lost 60 cents from its high of $4.87 just one month ago. The RSI has now slipped below 30, so you could say a bounce is due. December corn is trading to its lowest level since January. Chicago wheat has lost $1.00 since the high on May 14th. A calf was confirmed positive for New World screwworm in Texas late yesterday. The USDA is saying it is confined, but the cattle trade will be closely watching to see if it spreads. Mexico has been dealing with the parasite for months now, which has kept the border closed to cattle. Cattle futures will be under heavy volatility again now with this news, especially since cattle price limits expanded starting Monday. Live cattle futures now have a price limit of $8.50 and feeder cattle at $10.75. This discovery won’t help longer term beef supplies, but corn is down partially this morning on concerns about short term feed demand. Crude is down $3.00 as Israel and Lebanon have agreed to a ceasefire. Still no official work on the Iran peace agreement. The House voted yesterday to limit President Trump’s power to continue to direct military action in Iran without Congressional authorization. Not much change in the weather forecast. Still a warm and wet profile for next week. The heaviest rains will favor the west. Corn sales totaled 34.8 mbu. this morning. Bean sales totaled 10.2 mbu. Wheat sales are still working through the transition of crop years. Old crop wheat sales were a net cancellation of 23.6 mbu. but new crop sales were +30.8 mbu. Wheat is trying to bounce a bit this morning, and corn is due for one. We will see if we get one today. Have a safe day.
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News Announcements
0 CommentsComment on Facebook
6/4/26 MIDCO MORNING COMMENTS
Good morning. Corn just keeps getting uglier. July corn traded in to new contract lows last night. That’s right, new contract lows in June. July corn has lost 60 cents from its high of $4.87 just one month ago. The RSI has now slipped below 30, so you could say a bounce is due. December corn is trading to its lowest level since January. Chicago wheat has lost $1.00 since the high on May 14th. A calf was confirmed positive for New World screwworm in Texas late yesterday. The USDA is saying it is confined, but the cattle trade will be closely watching to see if it spreads. Mexico has been dealing with the parasite for months now, which has kept the border closed to cattle. Cattle futures will be under heavy volatility again now with this news, especially since cattle price limits expanded starting Monday. Live cattle futures now have a price limit of $8.50 and feeder cattle at $10.75. This discovery won’t help longer term beef supplies, but corn is down partially this morning on concerns about short term feed demand. Crude is down $3.00 as Israel and Lebanon have agreed to a ceasefire. Still no official work on the Iran peace agreement. The House voted yesterday to limit President Trump’s power to continue to direct military action in Iran without Congressional authorization. Not much change in the weather forecast. Still a warm and wet profile for next week. The heaviest rains will favor the west. Corn sales totaled 34.8 mbu. this morning. Bean sales totaled 10.2 mbu. Wheat sales are still working through the transition of crop years. Old crop wheat sales were a net cancellation of 23.6 mbu. but new crop sales were +30.8 mbu. Wheat is trying to bounce a bit this morning, and corn is due for one. We will see if we get one today. Have a safe day.
... See MoreSee Less
0 CommentsComment on Facebook
0 CommentsComment on Facebook