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 were mixed/mostly lower to start the month of March, as morning spill-over buying from the crude oil market was not able to be sustained and led to an early-week reversal amid an apparent step backwards in the US-China negotiations via Iran and as weather across most of the world's major exporters, mainly the US, Brazil and Argentina, has been and looks to continue to be nearly ideal. There are little if any supply concerns around the globe today and domestic demand can't get a whole lot better than what its been in the last four months; this has been the crux of the corn market for weeks now, and we unfortunately see little on the horizon again today that changes this until the US acreage debate gathers more steam towards the end of the month.
🌱 Soybean Market Update Like the corn market, soybean futures were mixed/mostly lower to start the week this week, as traders saw weekend developments between the US/Israel and Iran, and China's response to these developments, as a step back in relations between the two just weeks ahead of a planned summit in Beijing between Presidents Trump and Xi. Should the meeting not take place, or happen on shaky footing, the odds that China doesn't buy the additional 8 MMTs of US beans the trade is looking for likely goes up significantly, and so too would the USDA's monthly ending stock estimates. While maybe not massive, we see a non-zero amount of "hope premium" still in place in the market today, which will erode if relations do also. Elsewhere in the space, bean oil was the lone market in the green to start the week; futures gapped to new contract highs last night and traded stronger for most of the morning before correcting a bit the last half of the day and into the close on spill-over buying from the crude oil market.
🌾 Wheat Market Update After taking out last week's highs early yesterday evening, wheat futures became the downside leaders throughout much of the day on Monday as a flare up of tensions in the Middle East was not enough to sustain buying at what have been multi-month highs in recent days in spot futures. Friday's CoT report showed a larger-than-expected week of buying buy the funds, and now has them down to a near-neutral position. For week now analysts have pointed a stop in the short covering as to when the rally would end, and it would appear at least for today, that this just may well be the case. Today's high just above $6 on the May contract will likely be fairly stiff resistance the rest of the week this week. ... See MoreSee Less
Good morning. New month. Grain prices opened higher last night but the open was fairly orderly. Prices have turned steady to slightly lower as the grain trade tries to decipher what the Iran conflict means to ag products. Energies are higher and equities are lower. The dollar is sharply higher, which isn’t favorable for grains. Gold and silver are sharply higher. In additions to the attacks, eyes will be on the Strait of Hormuz, which sees nearly 30% of the global oil trade and 20% of the global LNG trade flow through there. Most of the big shippers have stalled operations through the Strait, due to both safety and insurance costs. The Iran news will dictate the news cycle for days to come. Deliveries totaled 156 beans, 448 corn, and 102 meal. The final spring insurance prices were set on Friday. Corn is below a year ago with soybeans being higher. See chart below. Export inspections will be out this morning. Monthly crush figures for January will be out this afternoon. It is a routine week for demand reports. The next USDA is out on the 10th. Acreage and grain stocks are out on the 31st. It will be a wet week through a big portion of the Midwest, which should be welcome if it is spread out over a few days. It should aid the river system. A few northern areas of Brazil are still too wet. Argentina should see some decent moisture again this week. May beans traded into new highs overnight before turning lower. The charts are still overbought with the RSI over 70. The May corn traded over the 200-day moving average ($4.48), which will be an important level to watch this week. With the heightened uncertainty in the Middle East, grains could see more volatility than normal for the first week of March. Good practice to review existing offers and check for new ones. Strange things can happen in the nighttime. Have a safe day. ... See MoreSee Less
🌽 Corn Market Update Corn futures were mixed/mostly lower to start the month of March, as morning spill-over buying from the crude oil market was not able to be sustained and led to an early-week reversal amid an apparent step backwards in the US-China negotiations via Iran and as weather across most of the world's major exporters, mainly the US, Brazil and Argentina, has been and looks to continue to be nearly ideal. There are little if any supply concerns around the globe today and domestic demand can't get a whole lot better than what its been in the last four months; this has been the crux of the corn market for weeks now, and we unfortunately see little on the horizon again today that changes this until the US acreage debate gathers more steam towards the end of the month.
🌱 Soybean Market Update Like the corn market, soybean futures were mixed/mostly lower to start the week this week, as traders saw weekend developments between the US/Israel and Iran, and China's response to these developments, as a step back in relations between the two just weeks ahead of a planned summit in Beijing between Presidents Trump and Xi. Should the meeting not take place, or happen on shaky footing, the odds that China doesn't buy the additional 8 MMTs of US beans the trade is looking for likely goes up significantly, and so too would the USDA's monthly ending stock estimates. While maybe not massive, we see a non-zero amount of "hope premium" still in place in the market today, which will erode if relations do also. Elsewhere in the space, bean oil was the lone market in the green to start the week; futures gapped to new contract highs last night and traded stronger for most of the morning before correcting a bit the last half of the day and into the close on spill-over buying from the crude oil market.
🌾 Wheat Market Update After taking out last week's highs early yesterday evening, wheat futures became the downside leaders throughout much of the day on Monday as a flare up of tensions in the Middle East was not enough to sustain buying at what have been multi-month highs in recent days in spot futures. Friday's CoT report showed a larger-than-expected week of buying buy the funds, and now has them down to a near-neutral position. For week now analysts have pointed a stop in the short covering as to when the rally would end, and it would appear at least for today, that this just may well be the case. Today's high just above $6 on the May contract will likely be fairly stiff resistance the rest of the week this week. ... See MoreSee Less
Good morning. New month. Grain prices opened higher last night but the open was fairly orderly. Prices have turned steady to slightly lower as the grain trade tries to decipher what the Iran conflict means to ag products. Energies are higher and equities are lower. The dollar is sharply higher, which isn’t favorable for grains. Gold and silver are sharply higher. In additions to the attacks, eyes will be on the Strait of Hormuz, which sees nearly 30% of the global oil trade and 20% of the global LNG trade flow through there. Most of the big shippers have stalled operations through the Strait, due to both safety and insurance costs. The Iran news will dictate the news cycle for days to come. Deliveries totaled 156 beans, 448 corn, and 102 meal. The final spring insurance prices were set on Friday. Corn is below a year ago with soybeans being higher. See chart below. Export inspections will be out this morning. Monthly crush figures for January will be out this afternoon. It is a routine week for demand reports. The next USDA is out on the 10th. Acreage and grain stocks are out on the 31st. It will be a wet week through a big portion of the Midwest, which should be welcome if it is spread out over a few days. It should aid the river system. A few northern areas of Brazil are still too wet. Argentina should see some decent moisture again this week. May beans traded into new highs overnight before turning lower. The charts are still overbought with the RSI over 70. The May corn traded over the 200-day moving average ($4.48), which will be an important level to watch this week. With the heightened uncertainty in the Middle East, grains could see more volatility than normal for the first week of March. Good practice to review existing offers and check for new ones. Strange things can happen in the nighttime. Have a safe day. ... See MoreSee Less
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