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 ended the week sharply higher on Friday, with active buying on large volume again noted throughout almost the whole of the session, driving new crop values to their best levels in well over a year. The farmer, who has been undersold coming into spring, was seemingly quick to reward the move, evidenced by further falls in basis this week across almost the whole of the Midwest. As far as where prices are headed and if this is able to be maintained, those answers largely come down to how high global energy values get and if the Trump administration is able to allow oil supplies to transit the Straight of Hormuz. Should crude oil correct, we see corn also making what would likely be a rather swift correction.
🌱 Soybean Market Update All three members of the soy complex ended the week sharply higher on Friday, led to the upside by the bean oil market who scored another round of new contract highs on the back of the previously discussed rise in world energy values. We're not going to repeat everything we mentioned in our corn commentary, but the bottom line is that there is little if anything else behind the rallies this week other than the rally in energies and the inflow of money based on inflationary fears stemming from the broader global geopolitical situation. The RVO situation and Chinese buying prospects remain on the back burners, but in our opinion, these had little to do with the market action seen this week. That said, as we get into mid-March, headline risk is going to continue to exist in the product space as the EPA's RVO announcement will presumably be made at some point in the next three weeks.
🌾 Wheat Market Update It appeared to be a classic day of 'get me out' in the wheat market to end the week on Friday, as whatever shorts may have been left have now surely been wiped out on the almost 50-cent two-day rally. Yes, the Iran war and the energy situations are also reasons for the rally here, but we're otherwise continuing to scratch our heads as to just what has gotten into the market. The US farmer isn't being a seller, the spec trader isn't being a seller, and the fund trader surely isn't being a seller, and this leaves the market vulnerable to upside runs, which we would argue is a large part of the premise for what has gone on this week. Like most news outlets have reported, it would appear markets are significantly over-valued relative to their underlying fundamentals. ... See MoreSee Less
Good morning. Friday brings more strength to the grain markets with most ag sectors into new recent highs. Corn has gotten back all the losses from the January 12th crop report and July beans now start with a 12. Chicago wheat is trading at the highs from a week ago. Unrest in the middle east is still the main driver with crude oil up sharply again this morning. Concerns about oil flow through the Strait of Hormuz is the watch point. The higher energy markets are supporting those ag products that are linked to biofuel. Wheat is not in that category but is being driven by fund short covering. Equity markets are lower on the war concerns and the rising cost of energy prices. Board crush margins are up to near $2.20 a bushel and the oil share is over 51%. The February payrolls report showed a net loss of 92,000 jobs versus expectations of +50K. The unemployment rate in February ticked up slightly to 4.4%. Producer selling has picked up again the last few days with new crop corn getting in the mix with this trade above $4.75. It will be a warm day today with more rain slated over the week. The Delta will be very wet over the next few days. The increase in moisture this week across the Midwest has been a welcome sight but more timely rain will be needed. The time springs forward this weekend so plan accordingly. Next Tuesday is the monthly crop report. Plenty of news likely to happen over the weekend so that tone will set the direction for prices on Sunday night. Have a safe weekend. ... See MoreSee Less
🌽 Corn Market Update Corn futures ended the week sharply higher on Friday, with active buying on large volume again noted throughout almost the whole of the session, driving new crop values to their best levels in well over a year. The farmer, who has been undersold coming into spring, was seemingly quick to reward the move, evidenced by further falls in basis this week across almost the whole of the Midwest. As far as where prices are headed and if this is able to be maintained, those answers largely come down to how high global energy values get and if the Trump administration is able to allow oil supplies to transit the Straight of Hormuz. Should crude oil correct, we see corn also making what would likely be a rather swift correction.
🌱 Soybean Market Update All three members of the soy complex ended the week sharply higher on Friday, led to the upside by the bean oil market who scored another round of new contract highs on the back of the previously discussed rise in world energy values. We're not going to repeat everything we mentioned in our corn commentary, but the bottom line is that there is little if anything else behind the rallies this week other than the rally in energies and the inflow of money based on inflationary fears stemming from the broader global geopolitical situation. The RVO situation and Chinese buying prospects remain on the back burners, but in our opinion, these had little to do with the market action seen this week. That said, as we get into mid-March, headline risk is going to continue to exist in the product space as the EPA's RVO announcement will presumably be made at some point in the next three weeks.
🌾 Wheat Market Update It appeared to be a classic day of 'get me out' in the wheat market to end the week on Friday, as whatever shorts may have been left have now surely been wiped out on the almost 50-cent two-day rally. Yes, the Iran war and the energy situations are also reasons for the rally here, but we're otherwise continuing to scratch our heads as to just what has gotten into the market. The US farmer isn't being a seller, the spec trader isn't being a seller, and the fund trader surely isn't being a seller, and this leaves the market vulnerable to upside runs, which we would argue is a large part of the premise for what has gone on this week. Like most news outlets have reported, it would appear markets are significantly over-valued relative to their underlying fundamentals. ... See MoreSee Less
Good morning. Friday brings more strength to the grain markets with most ag sectors into new recent highs. Corn has gotten back all the losses from the January 12th crop report and July beans now start with a 12. Chicago wheat is trading at the highs from a week ago. Unrest in the middle east is still the main driver with crude oil up sharply again this morning. Concerns about oil flow through the Strait of Hormuz is the watch point. The higher energy markets are supporting those ag products that are linked to biofuel. Wheat is not in that category but is being driven by fund short covering. Equity markets are lower on the war concerns and the rising cost of energy prices. Board crush margins are up to near $2.20 a bushel and the oil share is over 51%. The February payrolls report showed a net loss of 92,000 jobs versus expectations of +50K. The unemployment rate in February ticked up slightly to 4.4%. Producer selling has picked up again the last few days with new crop corn getting in the mix with this trade above $4.75. It will be a warm day today with more rain slated over the week. The Delta will be very wet over the next few days. The increase in moisture this week across the Midwest has been a welcome sight but more timely rain will be needed. The time springs forward this weekend so plan accordingly. Next Tuesday is the monthly crop report. Plenty of news likely to happen over the weekend so that tone will set the direction for prices on Sunday night. Have a safe weekend. ... See MoreSee Less
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