Topflight Grain Cooperative, Inc. is a farmer-owned grain cooperative in the heartland of the USA in the middle of Illinois grain belt.
The rich soils and modern farm practices produce record yields of quality grains.
Founded in 1998
Formed in 1998 as the consolidation of three local grain cooperatives and additional mergers in 2000, 2003 & 2014, Topflight Grain Cooperative serves grain producers in Piatt, Macon, Moultrie, Dewitt, Douglas, Champaign, & Logan counties. Permanent storage capacity of the twelve facilities is 49 million bushels.
12 Year-Round Locations in Central Illinois
Please click on a Topflight Location below for Staff, Phone & Contact Info
The Decatur processing plants of ADM & Primient are just 25 miles from many of the facilities. Processing plants and ethanol plants near Pekin are just 40 miles from the Logan County elevators; Bloomington, IL processors are just 30 miles away. Gibson City processors and One Earth Energy are only 30 miles from the Seymour elevator. These markets provide many market opportunities for the quality grain grown by the 2,600 stockholders of Topflight Grain. The numerous trucking firms that serve all of Topflight’s grain elevators ensure prompt delivery to meet contract specifications.
Topflight Rain Map
Topflight Central Illinois locations’ Rain Map featuring year-to-date totals of rainfall at 12 Topflight Grain locations.
Topflight Grain facilities at Bement, Milmine and Monticello are located directly on the Norfolk Southern rail main line, allowing shipments of grain into Decatur, movement to the Illinois River, east coast, or the export market. Through a reciprocal agreement, switching on the Illinois Central affords the opportunity for export markets via the Gulf of Mexico. The expanded Topflight Grain facility at Pierson Station is located on a short-line railroad that gives us access to three Class 1 railroads. Those lines: the CSX (Southeast Markets), UP ( Western Markets), and CN serve the Center Gulf export markets. The facility can load up to 110 car shuttle trains.
Illinois Licensed Grain Dealer
Topflight Grain Cooperative, Inc. is a state-licensed grain dealer and participant of the Illinois Grain Insurance Fund.
Illinois Licensed Grain Dealer
Topflight Grain Cooperative, Inc. is a state-licensed grain dealer and participant of the Illinois Grain Insurance Fund.
Trivia: What was the first capital of Illinois? (answer below)
Market Recap- Ag trade was two sided Wednesday at the CBOT, with the soy complex seeing more selling for the most part while the grain markets were quietly higher throughout most of the day as the election results from last night took most of the day's attention. The Democrats' sweep of Congress had traders thinking that there could be new pressure to end either of the two wars that have been at the center of conversation for months now, and this produced sharp selling in the energy markets and buying in the equities as the day drug on. Whether last night's results produce any sort of actual movement in the coming weeks remains to be seen, but the trade environment Wednesday seemed to clearly be more 'risk-off' than otherwise.
Corn Summary- Corn futures closed higher Wednesday after first making new lows for the move again in the overnight session last night, as bearish crop news from StoneX was largely discounted and as there seemed to be spill over buying from election-related strength in the equity markets throughout the course of the day. We have little idea how the Democratic win is going to impact grain prices or money flows into the space short term, but it's next week's November WASDE update that seemingly offers the next fundamental opportunity for a spark to be seen that changes the current negative bias in the space. However, with demand nearly maxed out and supply in the US mostly known at this point, even a WASDE surprise is likely to be a short term event, with longer term price direction still largely a product of South American crops/weather and whether or not China returns to the US grain market between now and next spring.
Soybean Summary- Soybean futures closed lower Wednesday after again making new lows, with the selling largely still the result of ongoing fund liquidation that was left while grain positions were being trimmed over the last several weeks. Adding to the downward pressure was a sharp decline in crude oil values, which spilled over into the bean oil and helped exaggerate the selling throughout the day. Until funds get caught back up and have liquidated more of their long bean and meal positions, it's likely that the complex continues to lose relative to the grains short term, with there just not a lot on the horizon today that would scream higher prices. One of the lone green energy projects the Trump administration was seemingly keen on was biodiesel/renewable diesel, which makes us question how friendly a blue shift in Congress will be for bean oil.
Wheat Summary- Wheat futures closed quietly lower on Wednesday after seeing two-sided trade throughout the course of the day, with focus seemingly elsewhere in the grain space. Spot Chicago futures haven't shown a lot of desire to dip much below the $6 level this week, which seems to be some sort of fair value for now on the bottom end of the market despite funds still adding to shorts. Sideways trade ahead of the now important APEC summit later this month seems like it could be a real possibility now in the short term.
Outside News Headlines- Crude oil futures down $7.00+/bbl.
Weather Updates- Midwest weather looks quiet into the end of the week and weekend following a rainy last 48 hours or so, with the models in good agreement on high pressure setting back up and turning things back drier. Temperatures look to cool into the weekend relative to the warmth seen the last several days, but will still be mostly above average for early November with highs only getting into the 40s and 50s for a couple days and then warming back up from there. Today, this dry pattern looks to linger through at least the middle part of the week next week, but our confidence in the forecast isn't overly high. The EU's upper atmospheric pressure outlook today has high pressure generally dominating in the east into the end of next week, but also sees another low pressure system forming in the southwest that could possibly work through the midsection of the country similar to the one seen this week. If it happens, the system looks noticeably smaller than this week's and the models aren't predicting any rainfall from it this afternoon, but this looks to be one of the main features to watch for over the next 5-7 days. El Niño has continued to have little if any impact on South American weather to this point in the season, as forecasts continue to show normal rain potential across the majority of central Brazil, while the south stays a bit wetter than desired and the north stays a bit drier. Temperatures have been above average for the most part, but heat hasn't been extreme and if anything has helped to more quickly evaporate some of the excess moisture in the south. Argentina's forecast went a bit drier over the next seven days this afternoon, but soil moisture levels are adequate across most of the country's growing regions and the temperature outlook for the period remains cooler than average.
Answer: Kaskaskia was the first.
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Bailey Runyen Grain Originator | Topflight Grain Coop. 101 N. Main St. | Cisco, IL 61830 Phone :: 217-669-2141 Email :: brunyen@tfgrain.com Image ...
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