We have posted the current rates for drying and storage wheat on our website.
Please visit our Crop Policy Service Rates page for Wheat to plan for your storage and drying needs for this harvest season.
Please call the office if you have questions: 217-396-4111
The Illinois Wheat Development Act authorized the creation of a wheat checkoff program in Illinois. In March 2025, Illinois wheat producers adopted via state-wide referendum the creation of the Illinois Wheat Development Program which began on January 1, 2026. Since then, Illinois wheat producers have also elected nine board members who are now taking steps to implement the new assessment.
Your partnership is imperative to successful implementation of the IL Wheat assessment. This notice is to inform you that the Illinois Wheat Development Board set July 1, 2026, as the effective date to begin collection of the 1.5 cents per bushel assessment. More information and resources will be provided as the Board develops materials but it is important that we share with you a few key components to the program:
Additionally, funds collected through this assessment will be used to:
Thank you for your important role in the Wheat Checkoff’s mission of increasing demand for wheat and making wheat production more profitable. More information will be coming to help you prepare. Should you have any questions, please email contact@illinoiswheat.org or call 309.557 .3619.
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.
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.
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.
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
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)
Photos from Ford-Iroquois Farm Bureau's post
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7/20/26 MIDCO MORNING COMMENTS 0 CommentsComment on Facebook
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• Markets are higher coming out of the weekend as the war rages on in the Middle East and the Black Sea which continues to add back in a war risk premium. Forecasts calling for hotter weather through the rest of the month and into August are also lending support to commodities.
• CFTC Commitment of Traders report for the week ending July 14 showed some unexpected large fund buying. Managed money traders were buyers of 30,733 contracts of corn (+43,391), buyers of 4,010 contracts of soybeans (+72,688), and buyers of 25,527 contracts of Chicago wheat (-36,798).
• CIF corn and bean bids continue to stay well supported by elevated freight levels. Barge freight remains tight, and CIF sellers are slow to make sales until they have the freight in place.
• China imported 1.27 million tons of soybeans from the U.S. in June, down 21% from June of last year, while Brazil imports were at 12 million tons and up 14% from last year.
• The U.S. and Mexico are slated to resume USMCA trade talks in Mexico City on Tuesday as U.S. Trade Representative Jamieson Greer will meet with Mexico's president.
• Outside markets are trading higher: nearby crude oil futures are up $.20-.$30/bbl, the Dow Jones index is up 60-70 points, and the U.S. dollar index is up 10-20 points.
• Today's reports include Weekly Export Inspections and Weekly Crop Progress.
... See MoreSee Less
7/20/26 MIDCO MORNING COMMENTS
• Markets are higher coming out of the weekend as the war rages on in the Middle East and the Black Sea which continues to add back in a war risk premium. Forecasts calling for hotter weather through the rest of the month and into August are also lending support to commodities.
• CFTC Commitment of Traders report for the week ending July 14 showed some unexpected large fund buying. Managed money traders were buyers of 30,733 contracts of corn (+43,391), buyers of 4,010 contracts of soybeans (+72,688), and buyers of 25,527 contracts of Chicago wheat (-36,798).
• CIF corn and bean bids continue to stay well supported by elevated freight levels. Barge freight remains tight, and CIF sellers are slow to make sales until they have the freight in place.
• China imported 1.27 million tons of soybeans from the U.S. in June, down 21% from June of last year, while Brazil imports were at 12 million tons and up 14% from last year.
• The U.S. and Mexico are slated to resume USMCA trade talks in Mexico City on Tuesday as U.S. Trade Representative Jamieson Greer will meet with Mexico's president.
• Outside markets are trading higher: nearby crude oil futures are up $.20-.$30/bbl, the Dow Jones index is up 60-70 points, and the U.S. dollar index is up 10-20 points.
• Today's reports include Weekly Export Inspections and Weekly Crop Progress.
... See MoreSee Less
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0 CommentsComment on Facebook