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
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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
12.11.25 MIDCO AFTERNOON COMMENTS
12.11.25 MIDCO MORNING COMMENTS 0 CommentsComment on Facebook
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🌽 Corn Market Update
Another quiet day of trade was had in the corn market on Thursday, with futures once again trading in generally the same range that they have for the bulk of the last 10 sessions as there continues to be a lack of anything notable worth discussing. Farmers in the western Corn Belt especially have continued to pound the drum for crop losses to show up in the January update, and in our opinion, this is about the only thing keeping prices from drifting back towards the lower half of the $4-4.50 trading range at this point. Ongoing strong export pace from here doesn't likely lead to much improvement from a price standpoint after the ratcheting up of the full-year forecast seen on Tuesday, which leaves production both here and in South America as the only other real variables.
🌱 Soybean Market Update
Soybean futures traded quietly higher on Thursday despite seeing another round of flash business to China first thing this morning. Similar to our corn comments, there just is little new here aside from China business that has largely become a non-factor in terms of price movement over the past few weeks as traders fully grasp that the purchases are political and represent little more than a gesture of good will. Traders are also understanding that while the 12 MMT mark was the first target to shoot for in the short term, this number falls well short of the 25 MMT total that was talked about for the whole marketing year. Remember, when January 1 hits, there will be just eight months remaining in the marketing year, and Brazil will likely have a record or near-record crop ready for export during the majority of this time period.
🌾 Wheat Market Update
Rounding out the quiet trading day in the ag group at the CBOT is the wheat market, who actually saw the best closes of the day but still had an inside day of trade after drifting to new lows for the move on Wednesday. Like the others, there just simply isn't a lot new here on the news front. The global market is awash in wheat and US prices are not competitive; until this changes, upward moves in futures prices likely stay limited to bouts of short covering and position adjustments unless something new happens on the Ukraine front.
... See MoreSee Less
Good morning. Grain prices are sightly higher as the soybean market had a small reversal higher yesterday. China has been back in buying soybeans again this week. Private estimates show that China has bought about 50% of the 12 MMT promised total. This has not all been announced yet, but the trade is hoping to have more clarity once the export sales reports get caught up. Gulf beans firmed up again yesterday, which is helping to firm the nearby bean spread. Producer selling of soybeans has stalled with futures falling back. January soybeans are trading right along the 50-day moving average ($10.92 ¼). The gap down to $10.63 is still an area to watch if selling would resume again. China sold about 80% of its .513 MMT auction overnight. It is expected that more auctions will be coming as China makes room for these U.S. beans that it really doesn’t need. The export sales report for November 13th totaled 93.7 mbu. of corn, 25.6 mbu. of beans, and 31.2 mbu. of wheat. Total commitments of corn through this date stood at 1.603 bbu., which is 50% of the new target. Conab estimated Brazil bean production this morning at 177.1 MMT, down slightly from 177.6 MMT last month. Their corn estimate was basically unchanged at 138.9 MMT. For reference, the USDA is at 175 and 131. The Fed cut rates for the 3rd straight meeting. It expressed a little more concern about jobs and has just one rate cut suggested for 2026. The FED will start buying short-dated T-bills on Friday, with anticipated purchases averaging around $40 billion per month to start. Weather in South America is still good overall. Snow will move through the Midwest over the next 3 days. Totals for central Illinois range from 1 to 8 inches for the whole system. Extreme cold will hit the Midwest on Sunday with possible wind chills in the -10 to -30 range. A quick warmup follows, however, with the last half of December expected to show temps at above average levels. A white Christmas looks unlikely with the current forecast. Have a safe day.
... 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
12.11.25 MIDCO AFTERNOON COMMENTS
🌽 Corn Market Update
Another quiet day of trade was had in the corn market on Thursday, with futures once again trading in generally the same range that they have for the bulk of the last 10 sessions as there continues to be a lack of anything notable worth discussing. Farmers in the western Corn Belt especially have continued to pound the drum for crop losses to show up in the January update, and in our opinion, this is about the only thing keeping prices from drifting back towards the lower half of the $4-4.50 trading range at this point. Ongoing strong export pace from here doesn't likely lead to much improvement from a price standpoint after the ratcheting up of the full-year forecast seen on Tuesday, which leaves production both here and in South America as the only other real variables.
🌱 Soybean Market Update
Soybean futures traded quietly higher on Thursday despite seeing another round of flash business to China first thing this morning. Similar to our corn comments, there just is little new here aside from China business that has largely become a non-factor in terms of price movement over the past few weeks as traders fully grasp that the purchases are political and represent little more than a gesture of good will. Traders are also understanding that while the 12 MMT mark was the first target to shoot for in the short term, this number falls well short of the 25 MMT total that was talked about for the whole marketing year. Remember, when January 1 hits, there will be just eight months remaining in the marketing year, and Brazil will likely have a record or near-record crop ready for export during the majority of this time period.
🌾 Wheat Market Update
Rounding out the quiet trading day in the ag group at the CBOT is the wheat market, who actually saw the best closes of the day but still had an inside day of trade after drifting to new lows for the move on Wednesday. Like the others, there just simply isn't a lot new here on the news front. The global market is awash in wheat and US prices are not competitive; until this changes, upward moves in futures prices likely stay limited to bouts of short covering and position adjustments unless something new happens on the Ukraine front.
... See MoreSee Less
0 CommentsComment on Facebook
12.11.25 MIDCO MORNING COMMENTS
Good morning. Grain prices are sightly higher as the soybean market had a small reversal higher yesterday. China has been back in buying soybeans again this week. Private estimates show that China has bought about 50% of the 12 MMT promised total. This has not all been announced yet, but the trade is hoping to have more clarity once the export sales reports get caught up. Gulf beans firmed up again yesterday, which is helping to firm the nearby bean spread. Producer selling of soybeans has stalled with futures falling back. January soybeans are trading right along the 50-day moving average ($10.92 ¼). The gap down to $10.63 is still an area to watch if selling would resume again. China sold about 80% of its .513 MMT auction overnight. It is expected that more auctions will be coming as China makes room for these U.S. beans that it really doesn’t need. The export sales report for November 13th totaled 93.7 mbu. of corn, 25.6 mbu. of beans, and 31.2 mbu. of wheat. Total commitments of corn through this date stood at 1.603 bbu., which is 50% of the new target. Conab estimated Brazil bean production this morning at 177.1 MMT, down slightly from 177.6 MMT last month. Their corn estimate was basically unchanged at 138.9 MMT. For reference, the USDA is at 175 and 131. The Fed cut rates for the 3rd straight meeting. It expressed a little more concern about jobs and has just one rate cut suggested for 2026. The FED will start buying short-dated T-bills on Friday, with anticipated purchases averaging around $40 billion per month to start. Weather in South America is still good overall. Snow will move through the Midwest over the next 3 days. Totals for central Illinois range from 1 to 8 inches for the whole system. Extreme cold will hit the Midwest on Sunday with possible wind chills in the -10 to -30 range. A quick warmup follows, however, with the last half of December expected to show temps at above average levels. A white Christmas looks unlikely with the current forecast. Have a safe day.
... See MoreSee Less
0 CommentsComment on Facebook
0 CommentsComment on Facebook