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.
• Grain markets are slightly higher this morning despite lower crude oil futures. Corn and soybean spreads are mostly tighter, with CK/CN firming to -10 ¼ and the price ladder indicating roughly 22,000 contracts bid at -11. • River basis continues to impress with another move higher yesterday. Havana, IL is now posted at +11K for May corn and +3K for May soybeans, with FOB values for corn just a penny or two off delivery at Illinois River locations like Havana and Peoria. • Brazil’s CONAB April estimates were released this morning, showing increased production from last month. Soybeans are estimated at 179.15 MMT (6.58 billion bu) and corn at 139.5 MMT (5.5 billion bu). • Crop progress released yesterday afternoon was mixed with corn at 5% planted, a touch below the 6% expectation but still ahead of last year and the 5-year average. Soybeans jumped to 6% versus 2% expected — the fastest start on record — which leans slightly bearish early, but it’s still very early with weather risk and slipping wheat conditions keeping some premium in the market. • U.S.–Iran tensions remain elevated with the blockade in place, but talks are still moving forward. Reports suggest a second round of meetings could happen as soon as Thursday, with officials noting some progress, pointing to a mix of ongoing pressure and continued negotiations. ... See MoreSee Less
🌽 Corn Market Update Corn futures closed lower to end the week on Friday, with the market making new lows for the week on fund selling into the weekend. News remained slow on Friday, with there really not a lot new to discuss this afternoon. We assume the risk-off mood was the result of funds being long and not wanting to be as exposed for potential developments in Iran over the next couple days. Monday's planting progress update is likely to be near normal, with a mix of rain and sun across the Corn Belt allowing some areas to get an early start, while other areas stay on the wetter side.
🌱 Soybean Market Update The bean market saw strength to end the week, on the back of meal futures which closed some 4.5% higher on Friday. We touched on some of the fundamentals above, but its really a bit of a perfect storm for the meal market that has allowed values to overcome the large supply situation based on elevated US crush. Longer term, the rains that are delaying harvest in Argentina are also boosting yields, which should allow domestic crush in the country to pick back up at some point in the next couple months when harvest gets rolling. We still see meal as being the bearish leg of the complex longer term, but short term fundamentals have turned friendly.
🌾 Wheat Market Update Wheat futures were also lower to end the week on Friday, as futures were higher at mid-morning but then saw selling emerge into the afternoon to finish the day closer to the lows than not. We've talked about it recently, but the wheat market has remained the most tied to energy markets, and we assume the selling seen into the close was mostly the result of a risk-off attitude ahead of weekend peace talks. Plains rain forecasts remain the other big price driver into next week, but are drier now into the back half of the month this afternoon. Crop conditions would say the rains are needed rather badly, but wheat is finnicky and can often come out of winter better than weather/conditions would suggest. ... See MoreSee Less
• Grain markets are slightly higher this morning despite lower crude oil futures. Corn and soybean spreads are mostly tighter, with CK/CN firming to -10 ¼ and the price ladder indicating roughly 22,000 contracts bid at -11. • River basis continues to impress with another move higher yesterday. Havana, IL is now posted at +11K for May corn and +3K for May soybeans, with FOB values for corn just a penny or two off delivery at Illinois River locations like Havana and Peoria. • Brazil’s CONAB April estimates were released this morning, showing increased production from last month. Soybeans are estimated at 179.15 MMT (6.58 billion bu) and corn at 139.5 MMT (5.5 billion bu). • Crop progress released yesterday afternoon was mixed with corn at 5% planted, a touch below the 6% expectation but still ahead of last year and the 5-year average. Soybeans jumped to 6% versus 2% expected — the fastest start on record — which leans slightly bearish early, but it’s still very early with weather risk and slipping wheat conditions keeping some premium in the market. • U.S.–Iran tensions remain elevated with the blockade in place, but talks are still moving forward. Reports suggest a second round of meetings could happen as soon as Thursday, with officials noting some progress, pointing to a mix of ongoing pressure and continued negotiations. ... See MoreSee Less
🌽 Corn Market Update Corn futures closed lower to end the week on Friday, with the market making new lows for the week on fund selling into the weekend. News remained slow on Friday, with there really not a lot new to discuss this afternoon. We assume the risk-off mood was the result of funds being long and not wanting to be as exposed for potential developments in Iran over the next couple days. Monday's planting progress update is likely to be near normal, with a mix of rain and sun across the Corn Belt allowing some areas to get an early start, while other areas stay on the wetter side.
🌱 Soybean Market Update The bean market saw strength to end the week, on the back of meal futures which closed some 4.5% higher on Friday. We touched on some of the fundamentals above, but its really a bit of a perfect storm for the meal market that has allowed values to overcome the large supply situation based on elevated US crush. Longer term, the rains that are delaying harvest in Argentina are also boosting yields, which should allow domestic crush in the country to pick back up at some point in the next couple months when harvest gets rolling. We still see meal as being the bearish leg of the complex longer term, but short term fundamentals have turned friendly.
🌾 Wheat Market Update Wheat futures were also lower to end the week on Friday, as futures were higher at mid-morning but then saw selling emerge into the afternoon to finish the day closer to the lows than not. We've talked about it recently, but the wheat market has remained the most tied to energy markets, and we assume the selling seen into the close was mostly the result of a risk-off attitude ahead of weekend peace talks. Plains rain forecasts remain the other big price driver into next week, but are drier now into the back half of the month this afternoon. Crop conditions would say the rains are needed rather badly, but wheat is finnicky and can often come out of winter better than weather/conditions would suggest. ... See MoreSee Less
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