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
9.26.25 CLOSING TIMES
Load More
Paxton Location will be open until 9 pm tonight. All other locations will be closing at 7 pm.
All locations will be open at 7:30 Saturday 9.27.25
12.08.25 MIDCO AFTERNOON COMMENTS
12.08.25 MIDCO MORNING COMMENTS 0 CommentsComment on Facebook
Load more
🌽 Corn Market Update
Rinse and repeat in the corn market on Monday, as values traded in generally the same range seen most every day last week and as there continues to be little to nothing new to the space from a news standpoint. With there being no production updates expected out of the report tomorrow, traders will be watching to see if the USDA makes any adjustments to exports or ethanol use, though nothing notable is expected. Murmurs in the space the past several days would have one believe that while not a lot of change is expected in tomorrow's update, the general consensus is that some measure of production cuts will likely be offset with a reduction in feed and residual use, leaving ending stocks in the same general ballpark they are now between now and January.
🌱 Soybean Market Update
Soybean futures again traded lower on Monday despite another round of sales showing up on this morning's daily wire to China and also another round of weekly sales that showed China booked several cargoes. Like we mentioned last week, it just seems traders are becoming uninterested in the near-daily rhetoric surrounding China, and are no longer getting excited when a few cargoes here or there show up on the daily run. In our opinion, it feels at this point that it likely takes some amount of purchases over the 12 MMT mark to get anyone excited, as it would seem anything up until there is going to be considered old news. As it pertains to tomorrow's report, we also don't expect a ton of change here with no production adjustments due, but would caution the odds are likely higher for either export or crush updates here than they are in corn. It seems everyone is in general agreement that the current 1.635 bil bu is too high, its just a matter of by how much and how quickly does USDA adjust it.
🌾 Wheat Market Update
Wheat futures had another quiet day on Monday, as March futures have traded between 5.30 and 5.45 for the last 11 sessions. Like corn, an ongoing lack of fresh news has led to a real lack of activity here on a daily basis and we don't expect this to change much in the short term unless something new happens in the Russia/Ukraine situation or a notable weather shift occurs somewhere around the world that would impact production somewhere. Without one of these things, futures prices likely stay rangebound between $5-5.50.
... See MoreSee Less
Commodities are mixed this morning, in front of Tuesday’s December WASDE report. There will be no production changes in tomorrow’s report, just demand changes. The trade is expecting bean exports to be reduced resulting in a larger ending stock number while not much change is expected for corn. Traders expect some small increases in S American production, but we likely won’t see that tomorrow. Conab will be out with their updates on the 11th. The Fed Reserve meeting is fast approaching on Wednesday and the expectation is we’ll see a cut in interest rates. Canada is reporting PM Carney reached an agreement with Pres Trump and Mexico’s Pres Sheinbaum, signaling trilateral alignment following recent N American discussions. Details were not released. Top Chinese and U.S. officials held a call Friday to discuss trade, including ongoing efforts to implement an agreement to de-escalate their countries’ trade war. China’s Vice Premier said the conversation was “in-depth and constructive”. On Friday, USDA flashed 462,000 mt of bean sales to China for 25/26. There was also talk more cargos traded off the PNW late last week, but the exact number was a mystery. China's soybean imports reached their highest November level since 2021, at 8.11 MMT’s up 13.4% from LY. Since Nov 1st it appears the Chinese have bought approximately 5.2 MMT of U.S. beans out of the of the 12 MMT’s agreed upon. December gulf loadings will be the 1st U.S. soy cargos to China since May. Overall, S. American weather remains favorable for growing conditions/ crop development. The weather looks to be a bit warmer this week, but many are forecasting a deep dive on temps toward the New Year. Bitter cold temps can certainly result in rail and river logistical issues. Ice has begun to form on the upper reaches of the IL River. Going home on Friday, the front end of the CIF bean market retreated and Dec bids were not readily available late in the afternoon. CIF corn held steady to better w/ much of the trade lined up on the bid side and sellers absent. Barge freight continued to be supported on the IL, while STL was mixed. STL to Cairo is now max draft at 9'6", Cairo to Rosedale is 11’6”, and Rosedale- south is 12’. River values for both corn and soybeans had a stronger week last week while processor corn bids were generally better than the previous week as producer selling slowed. Bean processor bids were fairly steady w/w and ethanol margins remain comfortable.
... See MoreSee Less
9.26.25 CLOSING TIMES
Load More
Paxton Location will be open until 9 pm tonight. All other locations will be closing at 7 pm.
All locations will be open at 7:30 Saturday 9.27.25
12.08.25 MIDCO AFTERNOON COMMENTS
🌽 Corn Market Update
Rinse and repeat in the corn market on Monday, as values traded in generally the same range seen most every day last week and as there continues to be little to nothing new to the space from a news standpoint. With there being no production updates expected out of the report tomorrow, traders will be watching to see if the USDA makes any adjustments to exports or ethanol use, though nothing notable is expected. Murmurs in the space the past several days would have one believe that while not a lot of change is expected in tomorrow's update, the general consensus is that some measure of production cuts will likely be offset with a reduction in feed and residual use, leaving ending stocks in the same general ballpark they are now between now and January.
🌱 Soybean Market Update
Soybean futures again traded lower on Monday despite another round of sales showing up on this morning's daily wire to China and also another round of weekly sales that showed China booked several cargoes. Like we mentioned last week, it just seems traders are becoming uninterested in the near-daily rhetoric surrounding China, and are no longer getting excited when a few cargoes here or there show up on the daily run. In our opinion, it feels at this point that it likely takes some amount of purchases over the 12 MMT mark to get anyone excited, as it would seem anything up until there is going to be considered old news. As it pertains to tomorrow's report, we also don't expect a ton of change here with no production adjustments due, but would caution the odds are likely higher for either export or crush updates here than they are in corn. It seems everyone is in general agreement that the current 1.635 bil bu is too high, its just a matter of by how much and how quickly does USDA adjust it.
🌾 Wheat Market Update
Wheat futures had another quiet day on Monday, as March futures have traded between 5.30 and 5.45 for the last 11 sessions. Like corn, an ongoing lack of fresh news has led to a real lack of activity here on a daily basis and we don't expect this to change much in the short term unless something new happens in the Russia/Ukraine situation or a notable weather shift occurs somewhere around the world that would impact production somewhere. Without one of these things, futures prices likely stay rangebound between $5-5.50.
... See MoreSee Less
0 CommentsComment on Facebook
12.08.25 MIDCO MORNING COMMENTS
Commodities are mixed this morning, in front of Tuesday’s December WASDE report. There will be no production changes in tomorrow’s report, just demand changes. The trade is expecting bean exports to be reduced resulting in a larger ending stock number while not much change is expected for corn. Traders expect some small increases in S American production, but we likely won’t see that tomorrow. Conab will be out with their updates on the 11th. The Fed Reserve meeting is fast approaching on Wednesday and the expectation is we’ll see a cut in interest rates. Canada is reporting PM Carney reached an agreement with Pres Trump and Mexico’s Pres Sheinbaum, signaling trilateral alignment following recent N American discussions. Details were not released. Top Chinese and U.S. officials held a call Friday to discuss trade, including ongoing efforts to implement an agreement to de-escalate their countries’ trade war. China’s Vice Premier said the conversation was “in-depth and constructive”. On Friday, USDA flashed 462,000 mt of bean sales to China for 25/26. There was also talk more cargos traded off the PNW late last week, but the exact number was a mystery. China's soybean imports reached their highest November level since 2021, at 8.11 MMT’s up 13.4% from LY. Since Nov 1st it appears the Chinese have bought approximately 5.2 MMT of U.S. beans out of the of the 12 MMT’s agreed upon. December gulf loadings will be the 1st U.S. soy cargos to China since May. Overall, S. American weather remains favorable for growing conditions/ crop development. The weather looks to be a bit warmer this week, but many are forecasting a deep dive on temps toward the New Year. Bitter cold temps can certainly result in rail and river logistical issues. Ice has begun to form on the upper reaches of the IL River. Going home on Friday, the front end of the CIF bean market retreated and Dec bids were not readily available late in the afternoon. CIF corn held steady to better w/ much of the trade lined up on the bid side and sellers absent. Barge freight continued to be supported on the IL, while STL was mixed. STL to Cairo is now max draft at 9'6", Cairo to Rosedale is 11’6”, and Rosedale- south is 12’. River values for both corn and soybeans had a stronger week last week while processor corn bids were generally better than the previous week as producer selling slowed. Bean processor bids were fairly steady w/w and ethanol margins remain comfortable.
... See MoreSee Less
0 CommentsComment on Facebook
0 CommentsComment on Facebook