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.
MARKET SUMMARY: Good morning. Ag trade has been mixed to lower again through the overnight hours, with the grain markets inside of the ranges seen yesterday and most of the soy complex extending losses on the week amid what continues to be a stagnant news environment. The Black Sea developments have been new this week and have introduced a new measure of optimism regarding the overall situation, but otherwise, the daily market environment has been little changed in recent days. Managed money is seemingly close to where they want to be in terms of ag length going into the end of the year and it's now wait-and-see time to gauge what crops in South America are going to look like, what final US yields are going to look like, and what Chinese demand is going to look like. Corn futures to start Thursday are trading unhanged to a penny lower, soybean futures are trading 5-8 cents lower, and the Chicago wheat market is trading unchanged to a penny higher.
Trivia: Who won the World Series last night? (answer below)
Crude Oil is down $1.37 at $101.41 US Dollar is up at $102.28 Dow futures are down 112 points at 52,584
WEATHER: Parts of the western Corn Belt see light thunderstorm potential this evening and into the early morning hours on Friday, but the storms don't look to be overly potent from a moisture standpoint. Models have totals into Saturday morning only reaching a half inch to an inch or so, and also expect coverage to be rather spotty. Focus then remains on the larger low-pressure system that's still expected to impact the heart of the country the middle of next week, with models this morning seeing rainfall potential of 2-5" for an area stretching from the Gulf to the Great Lakes. Drier weather is in the forecast again then after this, but next week looks to be a wetter one for most of the Midwest and Corn Belt.
OTHER HEADLINES: This morning's weekly export sales report for the week ending October 22nd is expected to show corn sales in the week between 800k-1.6 mil MTs, soybean sales between 1.8-3.0 mil MTs, and wheat sales between 200k-500k MTs. The report is due out at 7:30am central time. Touched on it yesterday afternoon, but the US Federal Reserve on Wednesday expectedly left interest rates unchanged in the current 3.75%-4% range. The decision was made following a 10-2 vote, with two regional governors supporting a quarter-point rate increase amid ongoing inflationary risks. The CME's FedWatch tool now shows a better than 85% chance that interest rates are increased at the Fed's next FOMC meeting in December. Bloomberg reported overnight that the first grain vessel has exited the Sea of Azov under new Russian permitting, though there were no details as to its destination or cargo. Energy Secretary Chris Wright said this week that increased diesel exports out of the Arabian Gulf along with a likely resumption of Chinese exports could significantly lower retail diesel prices, though there weren't a lot of additional details given. In other energy news, the White House also said on Wednesday that its oil agreement with Venezuela would deliver around 65 million barrels, but analysts say that figure needs clarification on units and timeframe before being treated as actual additional supply.
EXPORT NEWS: Corn sales came in at middle point of expectations at 51.33 mbu. Soybean sales came in at the top end of expectations at 94.67 mbu. Wheat sales were exceptionally strong at 31.22 mbu.
Answer: The Milwaukee Brewers. Defeated the Tampa Bay Rays in 5 games to win their first World Series Championship in franchise history. Finished the season 40-14 in their final 54 games.
Be careful!
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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