News Announcements
Ludlow Coop is Offering Free Delayed Pricing on Corn & Soybean Deliveries
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.
SPACE AS AVAILABLE FOR CORN & BEANS
Time to Begin Marketing for the 2026 Crop Year with the Average Pricing Program
Why Choose the Average Pricing Program?
- Build a solid base for your 2026 crop marketing plan.
- Capture seasonal highs: Historically, January through June offers the strongest pricing opportunities.
- Flexibility: Commit only 20–35% of an average crop, leaving room for additional marketing.
- Take the emotion out of pricing—a great option for landlords.
- No enrollment cost.
- Extended marketing window: Sell ahead instead of after harvest (19 months vs. 9 months).
Ludlow Coop’s Average Pricing Program
Set Weeks: February 11 – June 24, 2026
- Weekly pricing every Wednesday at noon.
- 20 weeks total; final price is the average of all weekly pricings.
- Based on December (CZ26) corn futures and November (SX26) bean futures.
- Contracts are for Fall 2026 delivery.
- Sign-up deadline: Tuesday, February 10, 2026. Contract must be signed and received before start date.
Patron’s Choice Average Pricing Contract
Your Choice of Consecutive Weeks
- Weekly pricing every Wednesday at noon.
- Choose any consecutive weeks between January 14 – August 26, 2026.
- Based on CZ26 corn futures and SX26 bean futures.
- Contracts are for Fall 2026 delivery.
Ready to Enroll?
Contact your settlement location with:
- Number of bushels
- Chosen dates (for Patron’s Choice)
- Delivery location
Ludlow Coop Offices:
- Buckley: (217) 394-2331
- Danforth: (815) 269-2390
- Ludlow: (217) 396-4111
- Piper City: (815) 707-3347
- Goodwine: (815) 457-2880
2025-2026 Board Members Elected
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)
2025-2026 Drying and Storage Rates
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
The Grainery Newsletters
6/9/26 MIDCO AFTERNOON COMMENTS
Illinois stretches nearly 400 miles from north to south (about a six-hour drive) covering a wide range of soils, weather patterns, and growing conditions. What's happening in the field near Wisconsin can look very different from what's happening near the Kentucky border. 0 CommentsComment on Facebook
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🌽 Corn Market Update
Spot corn futures managed just their third higher close in the last fifteen sessions on Tuesday, though the deferred contracts still closed lower on the day amid old crop-new crop spread activity. It was a quiet day news-wise in the space, but that the market was able to avoid scoring a new low below the previous days' for the first time in the last ten sessions should be taken as a positive. We don't know that this is necessarily the start of a larger correction, but this, combined with oversold charts and a fund trader who is presumably close to being out of length to shed, should warrant at least some sort of minor recovery despite seasonals into the end of the month being downright negative. Then, weather likely gains in importance into July, along with the final planted acreage number released at the end of June.
🌱 Soybean Market Update
Despite trading firmer well into the day session, soybean futures extended their losing streak to eight on Tuesday, though the day could be better described as not bullish as opposed to just downright bearish. There is a portion of the spec/fund community that is holding onto hope that Chinese buying emerges at some point sooner than later, but as it's June already and there's been no sign of such business, it just becomes impossible to predict what this may or may not look like the rest of the year. What's known, however, is that planted acres are more likely to go up at the end of June than not and if yield also sees a subsequent increase due to decent weather, this could push ending stocks notably higher amid what most feel is near maxed-out demand. There is a bullish fundamental story to be had in the bean market on top of the ongoing biofuel situation, traders just want to see some sort of sign that it's going to happen before getting bulled up again.
🌾 Wheat Market Update
Wheat futures closed mixed Tuesday on little new news and as traders continue to assess damage potential via too wet weather through the US wheat belt recently. There's been pretty common talk of head scab, but the problem with poor quality wheat is that it must then be priced at a discount to move on the global market and we don't know that this then becomes a price rallying phenomenon. Russian exports into Mexico are still much cheaper than those out of the US, and this spread would seemingly be one of the better indicators short term on which way US prices need to go. And on top of all that, like corn, seasonals into the end of the month are downright poor for the wheat market.
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How's your corn looking?
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News Announcements
6/9/26 MIDCO AFTERNOON COMMENTS
🌽 Corn Market Update
Spot corn futures managed just their third higher close in the last fifteen sessions on Tuesday, though the deferred contracts still closed lower on the day amid old crop-new crop spread activity. It was a quiet day news-wise in the space, but that the market was able to avoid scoring a new low below the previous days' for the first time in the last ten sessions should be taken as a positive. We don't know that this is necessarily the start of a larger correction, but this, combined with oversold charts and a fund trader who is presumably close to being out of length to shed, should warrant at least some sort of minor recovery despite seasonals into the end of the month being downright negative. Then, weather likely gains in importance into July, along with the final planted acreage number released at the end of June.
🌱 Soybean Market Update
Despite trading firmer well into the day session, soybean futures extended their losing streak to eight on Tuesday, though the day could be better described as not bullish as opposed to just downright bearish. There is a portion of the spec/fund community that is holding onto hope that Chinese buying emerges at some point sooner than later, but as it's June already and there's been no sign of such business, it just becomes impossible to predict what this may or may not look like the rest of the year. What's known, however, is that planted acres are more likely to go up at the end of June than not and if yield also sees a subsequent increase due to decent weather, this could push ending stocks notably higher amid what most feel is near maxed-out demand. There is a bullish fundamental story to be had in the bean market on top of the ongoing biofuel situation, traders just want to see some sort of sign that it's going to happen before getting bulled up again.
🌾 Wheat Market Update
Wheat futures closed mixed Tuesday on little new news and as traders continue to assess damage potential via too wet weather through the US wheat belt recently. There's been pretty common talk of head scab, but the problem with poor quality wheat is that it must then be priced at a discount to move on the global market and we don't know that this then becomes a price rallying phenomenon. Russian exports into Mexico are still much cheaper than those out of the US, and this spread would seemingly be one of the better indicators short term on which way US prices need to go. And on top of all that, like corn, seasonals into the end of the month are downright poor for the wheat market.
... See MoreSee Less
0 CommentsComment on Facebook
Illinois stretches nearly 400 miles from north to south (about a six-hour drive) covering a wide range of soils, weather patterns, and growing conditions. What's happening in the field near Wisconsin can look very different from what's happening near the Kentucky border.
How's your corn looking?
... See MoreSee Less
0 CommentsComment on Facebook
0 CommentsComment on Facebook