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)
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
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.
Please RSVP by August 22, 2025
The Ludlow Coop Newsletter is available online.
>> See latest Ludlow Coop Newsletter
Don’t miss out….
with the rapidly changing markets we can monitor the CBOT for you during the 17 ½ hours of daily trade.
To take advantage of this FREE service, call or email a settlement location with your pricing offer and the information below.
We keep grain pricing offers up to 30 days; we will reach out to you when/if offers are picked up.
Buckley 217-394-2331
Danforth 815-269-2390
Ludlow 217-396-4111
Goodwine 815-457-2880
Piper City 815-707-3347
12.30.25 MIDCO AFTERNOON COMMENTS
12.30.25 MIDCO MORNING COMMENTS 0 CommentsComment on Facebook
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🌽 Corn Market Update
Corn futures drifted quietly lower on Tuesday, as there was little new in the space and as volume remains highly constrained due to the holidays. Yesterday's ethanol was largely in-line with expectations and didn't offer much of anything to traders, while the next data points of note will be tomorrow's weekly export sales report in the morning and CFTC data in the afternoon, which should bring both sets of numbers back to current following the government shutdown and subsequent catchup period earlier this fall. Technically, the 100-day moving average at 4.38 1/2 will be support for tomorrow, with the old lows near 4.35 then support below here.
🌱 Soybean Market Update
Following the latest round of announced sales flashes of soybeans to China this morning, traders and analysts are thinking total commitments have reached somewhere around 9-10 MMTs of the 12 that are expected to be bought between now and February, but the market seems to have little care for the situation at this point. We've talked about it before, but it would be additional buying beyond the 12 MMTs that the market has priced in that would likely to lead to a bullish futures reaction, and we just don't see this as even remotely likely due to the large price discrepancy between supplies out of Brazil and those out of the US into early summer. Plentiful supplies keep rallies limited on the margin, and without some sort of biofuel policy from the EPA, we don't see this changing in the short term.
🌾 Wheat Market Update
Like corn, news was very limited in the wheat market on Tuesday, with prices trading very narrow ranges on little to no volume. Nobody is quite sure where the war in Ukraine stands or what the next steps are, but it seems to be becoming a trend that anytime a deal seemingly gets close, something comes up that one side or the other uses to "drop" the negotiations and start over at square one. It would appear territorial boundaries remain the main sticking point, and this is largely been an issue between the two sides for the better part of the last 15 years, going back to when Russia annexed Crimea in 2015.
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Good morning. Yesterday marked a tough day overall for commodities as the metals markets led the decline. Gold and silver finished sharply lower with rumors circulating that a major bank got into trouble with its silver position. Those rumors focused on JP Morgan as it is one of the largest players in the silver market. Those rumors have gone mostly unfounded, but it set off a large liquidation cycle yesterday. The metal markets are recovering a portion of those losses this morning. Grains are steady to higher as a result. The ethanol report was delayed until yesterday evening as the Government continues to struggle to catch-up from the shutdown. The weekly ethanol grind was solid at 109 mbu. of corn used for the prior week, but it was the lowest weekly figure in five weeks. A short-term drier trend in Argentina offers some small support for soybeans and will be a topic of discussion come Monday. First notice day for January contracts is tomorrow. We will report longs after the close today so please review your positions. Gulf beans did firm yesterday and the nearby spread widened so it all makes perfect sense. Did see a few corn processors firm basis as well yesterday as back-to-back holiday weekends are tough to originate grain and the producer has become quiet again. Catch-up export sales reports and fund data will be out tomorrow. March corn did fall below the 200,50, and 20-day moving averages yesterday. Same with January beans with $10.50 trying to hold for support now. It is a normal trading session tomorrow, but then no markets until Friday morning. Have a safe day.
... See MoreSee Less
12.30.25 MIDCO AFTERNOON COMMENTS
🌽 Corn Market Update
Corn futures drifted quietly lower on Tuesday, as there was little new in the space and as volume remains highly constrained due to the holidays. Yesterday's ethanol was largely in-line with expectations and didn't offer much of anything to traders, while the next data points of note will be tomorrow's weekly export sales report in the morning and CFTC data in the afternoon, which should bring both sets of numbers back to current following the government shutdown and subsequent catchup period earlier this fall. Technically, the 100-day moving average at 4.38 1/2 will be support for tomorrow, with the old lows near 4.35 then support below here.
🌱 Soybean Market Update
Following the latest round of announced sales flashes of soybeans to China this morning, traders and analysts are thinking total commitments have reached somewhere around 9-10 MMTs of the 12 that are expected to be bought between now and February, but the market seems to have little care for the situation at this point. We've talked about it before, but it would be additional buying beyond the 12 MMTs that the market has priced in that would likely to lead to a bullish futures reaction, and we just don't see this as even remotely likely due to the large price discrepancy between supplies out of Brazil and those out of the US into early summer. Plentiful supplies keep rallies limited on the margin, and without some sort of biofuel policy from the EPA, we don't see this changing in the short term.
🌾 Wheat Market Update
Like corn, news was very limited in the wheat market on Tuesday, with prices trading very narrow ranges on little to no volume. Nobody is quite sure where the war in Ukraine stands or what the next steps are, but it seems to be becoming a trend that anytime a deal seemingly gets close, something comes up that one side or the other uses to "drop" the negotiations and start over at square one. It would appear territorial boundaries remain the main sticking point, and this is largely been an issue between the two sides for the better part of the last 15 years, going back to when Russia annexed Crimea in 2015.
... See MoreSee Less
0 CommentsComment on Facebook
12.30.25 MIDCO MORNING COMMENTS
Good morning. Yesterday marked a tough day overall for commodities as the metals markets led the decline. Gold and silver finished sharply lower with rumors circulating that a major bank got into trouble with its silver position. Those rumors focused on JP Morgan as it is one of the largest players in the silver market. Those rumors have gone mostly unfounded, but it set off a large liquidation cycle yesterday. The metal markets are recovering a portion of those losses this morning. Grains are steady to higher as a result. The ethanol report was delayed until yesterday evening as the Government continues to struggle to catch-up from the shutdown. The weekly ethanol grind was solid at 109 mbu. of corn used for the prior week, but it was the lowest weekly figure in five weeks. A short-term drier trend in Argentina offers some small support for soybeans and will be a topic of discussion come Monday. First notice day for January contracts is tomorrow. We will report longs after the close today so please review your positions. Gulf beans did firm yesterday and the nearby spread widened so it all makes perfect sense. Did see a few corn processors firm basis as well yesterday as back-to-back holiday weekends are tough to originate grain and the producer has become quiet again. Catch-up export sales reports and fund data will be out tomorrow. March corn did fall below the 200,50, and 20-day moving averages yesterday. Same with January beans with $10.50 trying to hold for support now. It is a normal trading session tomorrow, but then no markets until Friday morning. Have a safe day.
... See MoreSee Less
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0 CommentsComment on Facebook