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: American agricultural scientist credited as “The Peanut Man”? (answer below)
Market Recap- The November WASDE report was bullish for the row crop markets on Tuesday, as USDA cut yields in corn and didn't raise soybean yields by quite as much as expected. The data itself maybe wasn't quite as bullish as the price reaction would've implied, but the space has become extremely oversold and we imagine buy stops on short positions were probably kept pretty close in an effort to guard against a reaction like this happening and eating away all their profits. The corn balance sheet got marginally tighter again today, but underlying fundamentals in our opinion were little changed overall, with bigger picture items that we've talked about for weeks now still in play into the end of the year.
Corn Summary- It would seem all the overreaction and panic a month ago over the USDA raising corn yields was all for not, as yields were brought back right back down again on Tuesday, leading to a rally in futures. While not quite as low as they were in September, the drop still brought ending stocks back well below the 2.0 bil bu mark, and has now put them right in the middle of the range of estimates seen throughout the summer and fall. The market reaction was loud today, but the bottom line remains little changed in that longer term price direction is still going to be a product of what South America's crop looks like this spring and whether or not China returns as a buyer for US corn. Today's drop in production still keeps the figure at the second highest level ever, and demand seems like it's more likely to be overstated today than under. That said, from a short term perspective, today's turnaround could prove to be the spark needed to put in a seasonal bottom, which is arguably overdue at this point.
Soybean Summary- Soybean futures ripped higher on Tuesday, closing at the upper end of the daily range as production was increased but exports were increased by more which produced a lower ending stocks figure. Whether a 15 mil bu drop in the bottom line is worth a 40 cent rally in futures is a fair question, but when the trade was seemingly looking for any sort of bullish fodder it could find, it becomes more justifiable. If the rally continues into the end of the week this week, the question now becomes one of a) where does the US farmer re-engage sales and b) at what point do prices become too high for China's appetite? It's also worth noting that both of the products saw bullish WASDE updates today that were lost a bit in all of the hullabaloo, with ending stocks on each down notably from last month.
Wheat Summary- Wheat futures were along for the ride Tuesday, finishing higher on spill-over buying from the other markets as the WASDE didn't have much of anything to chew on from the US standpoint and as there was little if any info available out of peace talks in Abu Dhabi. The talks are set to continue into tomorrow which means we could see new headlines between now and the morning, but there was little available today in terms of updates. Otherwise, world stocks worked higher on bumps in southern hemisphere production which gave the report a bearish lean on the margin, but that was largely discounted amid what continues to be a largely unknown export situation in the Black Sea.
Outside News Headlines- Crude oil futures down $0.30+/bbl.
Weather Updates- Models have a small cut-off low working across the central part of the country the next 48 hours or so that will likely provide some light rainfall to the region, but the forecast stays quiet through the Midwest otherwise into the end of the week and weekend. Cooler air on the back side of this low will drop daytime highs for most of the eastern US then starting on Thursday, which produces frost risk deep into the south and southeast for several days into the weekend. The extended forecast then is still wetter across the Plains and central US into the end of the month, as flow in the upper atmosphere is expected to shift back to the southwest. The models have a steady flow of low pressure troughs working out of the northwest that look to hit this flow and get pushed into the middle of the country, which is providing the basis for the wetter outlook. Intrusions of cooler air are looking to become more frequent as the calendar works towards the end of the year, but overall, the models are continuing to pick up on a large mass of warmer air across most of North America that keeps the overall pattern on the warmer side of normal. South American weather remains non-threatening overall, as El Niño has continued to have little if any adverse impact on the growing season in either Brazil or Argentina to this point in the season. Forecasts have normal rainfall largely continuing throughout both regions over the next week to ten days, while temperatures will be average to slightly above in Argentina and average to slightly below throughout Brazil.
Answer: George Washington Carver. Promoted alternative crops to cotton, like peanuts and sweet potatoes, and preventative soil depletion methods.
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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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