Topflight Grain
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.
Close to Major Grain Processing Plants
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.
Transportation Access to Gulf of Mexico
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.
Latest News from Topflight Grain
Friday, November 6, 2026
Closing Markets: Corn: +1.50.
Beans:+5.50. Wheat: -8.
Good evening!
Market Recap-
Happy Friday. Ag trade was mixed going into the weekend, with selling noted in the wheat market throughout the day ahead of next week's US-Ukraine-Russia meeting, while corn and soybean futures were near unchanged for a lot of the day in anticipation of Tuesday's WASDE update. Though macro focus largely dominated the trade this week due to the election and its impact on the equity space, the two items mentioned previously are likely to sway sentiment back to the micro side in terms of the ag markets, with balance sheets and the Black Sea again becoming the focus by the end of next week.
Corn Summary-
Corn futures were quietly in the green to end the week Friday, scoring another round of new lows on light volume and low overall enthusiasm ahead of next week's supply and demand update. There continue to be a lot of questions surrounding crop size and yield, and there's a fairly sizeable difference between the current export forecast and shipment pace through the first two months of the marketing year that traders are hoping they get some answers to on Tuesday. Otherwise from the world standpoint, its going to be a lot of wait-and-see regarding El Niño and its impact on the crop in South America over the next several months, and there is also still likely price impact to be felt should a deal be struck to resume grain flows in the Black Sea. Ukraine's corn business isn't a massive part of overall global trade, but its certainly a piece of it and will have an impact on world flows should it be allowed to resume in the weeks/months ahead.
Soybean Summary-
The soy complex finished quietly mixed to end the week, with the beans stronger in the front months and weaker in the deferreds, while meal was quietly higher throughout most of the day and the oil took a breather after selling off the rest of the week. Obviously, like corn, next week's focus is on crop size and exports in Tuesday's update, with most having the opinion that yields likely do work higher, but that it isn't felt on the ending stocks number due to a bump in exports following what has been better-than-expected shipment pace to start the marketing year. Elsewhere in the complex, bean oil has given back almost half of the 2026 rally now and closed at its lowest level since April this afternoon on ideas that imported feedstocks will work their way back into refineries in the years ahead.
Wheat Summary-
Wheat futures were lower throughout the day and into the close this afternoon, with the selling related to the idea that some sort of positive news will come out of the war meeting next Tuesday. Given what appears to be unchanged stances from either the Russians or the Ukrainians and given that attacks have remained ongoing, we find it somewhat unlikely that any sort of immediate headway is made, but have little other opinion as to the potential outcome of the discussions.
Outside News Headlines-
Crude oil futures up $0.20+/bbl.
Weather Updates-
While light precipitation potential continues to linger through the northeast today and into the morning tomorrow, focus is going to shift to the temperature pattern for the rest of the Midwest into the weekend and the first part of next week, as a colder couple days looks to be in store compared to what was had the rest of this week.
However, the cold will be short lived, as arctic air continues to be confined much further to the north. Models see highs throughout much of the central US next week in the 50s and 60s, which is some 20-30 degrees F above average for some places for this time of year.
The extended forecast sees limited rainfall chances for the mid-section of the US through at least the next two weeks. The Pacific jet extension will keep a steady parade of low pressure systems coming into the West Coast, but the split flow pattern that's being seen once these systems reach land is then shoving them off to the north and into Canada, keeping the central US drier.
Temperature outlooks into the back half of the month are little changed again today, as there is still no sign of any sort of cold air intrusion into the US through at least the next two weeks. We mentioned previously this week that 'above average' changes meaning as we get into November and December, but at least through next week, this term still implies fall-like warmth, with there still little if any sign of the arrival of real winter weather in the forecast today.
Seven day rainfall anomaly maps into the back half of November have shown improving rainfall potential for much of central Brazil this week, as there are beginning to be sings in the forecast of a shift from frontal rains to more normal monsoonal flow from the northeast. While later than normal, the arrival of the west season before December will still bode well for soybean production across the country, and will further help reduce short-term risk related to El Niño.
It's important to remember though that while risk is being reduced for the soybean crop, it is not the same situation for the corn crop, as the bulk of production isn't planted until after the beans are harvested in Jan/Feb/Mar. El Niño will have more than likely peaked by then, but risks for the safrinha corn crop will remain elevated well into late winter/early spring.
Enjoy it!
Noah Richardson
Topflight Grain Seymour
202 N Main Street, Seymour IL 61875
nrichardson@tfgrain.com
Topflight Grain Cooperative – Central Illinois Grain Elevators
www.topflightgrain.com
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 o...
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