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
5/20/26 MIDCO AFTERNOON COMMENTS
The Rise of Ag Fraud
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🌽 Corn Market Update
Corn futures scored new lows for the week on Wednesday, closing lower amid ideas that the war in Iran might possibly again be close to some sort of a resolution despite there seemingly being little evidence of such a development today. The combination of happenings in the Middle East and the prospects for Chinese buying of US corn likely makes trade highly volatile in the short term, with it our opinion that futures generally chop pretty easily between $4.50 and $5.00. There are wet weather concerns in parts of the southern Corn Belt and places in the north that are dry, but overall, the forecast continues to not look overly threatening from a rainfall standpoint into June. Warmer forecasts into June would also be beneficial.
🌱 Soybean Market Update
The soy complex was lower across the board on Wednesday, with bean oil down on the Middle East news and the beans lower on an ongoing lack of confirmation of a lowering of tariffs by the Chinese and general selling throughout the rest of the complex. With not a lot to speak of regarding weather or the crop in the US, it's just all about China at this point; will they or won't they buy, and if they do buy, when does it occur. The Middle East and the ongoing situation with US crush margins will also continue to influence markets, but today, it's the situation with China that is dominating price discovery.
🌾 Wheat Market Update
It was a quiet day on the news front in the wheat market on Wednesday, with prices closing lower along with the rest of the ag space after trading in the green early to start this morning amid little if anything new besides headlines out of the Middle East. The crop situation in the Plains has not materially changed in the last week, but traders are becoming aware that the only thing rallying prices on crop loss is doing is making exports to the world less competitive. Unfortunately, the US wheat problem is not a problem for other global exporters, who today have plenty of supplies. If the war in Iran drags on, this could change for the next marketing year, but that is a problem for further down the road.
... See MoreSee Less
News Announcements
5/20/26 MIDCO AFTERNOON COMMENTS
🌽 Corn Market Update
Corn futures scored new lows for the week on Wednesday, closing lower amid ideas that the war in Iran might possibly again be close to some sort of a resolution despite there seemingly being little evidence of such a development today. The combination of happenings in the Middle East and the prospects for Chinese buying of US corn likely makes trade highly volatile in the short term, with it our opinion that futures generally chop pretty easily between $4.50 and $5.00. There are wet weather concerns in parts of the southern Corn Belt and places in the north that are dry, but overall, the forecast continues to not look overly threatening from a rainfall standpoint into June. Warmer forecasts into June would also be beneficial.
🌱 Soybean Market Update
The soy complex was lower across the board on Wednesday, with bean oil down on the Middle East news and the beans lower on an ongoing lack of confirmation of a lowering of tariffs by the Chinese and general selling throughout the rest of the complex. With not a lot to speak of regarding weather or the crop in the US, it's just all about China at this point; will they or won't they buy, and if they do buy, when does it occur. The Middle East and the ongoing situation with US crush margins will also continue to influence markets, but today, it's the situation with China that is dominating price discovery.
🌾 Wheat Market Update
It was a quiet day on the news front in the wheat market on Wednesday, with prices closing lower along with the rest of the ag space after trading in the green early to start this morning amid little if anything new besides headlines out of the Middle East. The crop situation in the Plains has not materially changed in the last week, but traders are becoming aware that the only thing rallying prices on crop loss is doing is making exports to the world less competitive. Unfortunately, the US wheat problem is not a problem for other global exporters, who today have plenty of supplies. If the war in Iran drags on, this could change for the next marketing year, but that is a problem for further down the road.
... See MoreSee Less
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The Rise of Ag Fraud ... See MoreSee Less
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A feed supplier received a request from what appeared to be a legitimate customer. The email address matched the company’s name. The website checked out. The communication was consistent and profess...0 CommentsComment on Facebook
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