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 nineteen facilities is 37 million bushels of grain. Annual volume of the company is 40 million bushels with grain sales exceeding $240 million.
14 Year-Round Locations in Central Illinois
Please click on a Topflight Location below for Staff, Phone & Contact Info
Topflight Facilities open year-round:
Atlanta, Atwood, Beason, Bement, Cisco, Emery, Johnston Siding, Kruger, LaPlace, Maroa, Milmine, Monticello, Pierson, Seymour
Topflight Facility open seasonally: Shackelfords
15 Year-Round Locations in Central Illinois
Please click on a Topflight Location below for Staff, Phone & Contact Info
Topflight Facilities open year-round:
Atlanta, Atwood, Beason, Bement, Cisco, Emery, Johnston Siding, Kruger, LaPlace, Maroa, Milmine, Monticello, Pierson, Seymour
Topflight Facilities open seasonally: Shackelfords and Lodge.
Close to Major Grain Processing Plants
The Decatur processing plants of ADM & Tate & Lyle 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 14 Topflight Grain locations.
View Rain Map
Topflight Rain Map
Topflight Central Illinois locations’ Rain Map featuring year-to-date totals of rainfall at 14 Topflight Grain locations.
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 Gulf of Mexico is also accessible from the Cisco grain facility, where Topflight Grain is the co-owner of a 13.5-mile rail road that connects Cisco to the Decatur markets and the IC rail service.
Illinois Licensed Grain Dealer
Topflight Grain Cooperative, Inc. is a state-licensed grain dealer. The licenses are protected through annual audits by the State of Illinois. Year-end financial and grain audits are prepared by certified accountants and presented at the Company’s annual stockholder meeting. Topflight Grain is also a member of the Illinois Grain Insurance Corporation which insures grain owners against grain elevator failure.
For more information about state-licensed warehouses, visit the Illinois Department of Ag’s website. For more information about the grain code and the grain insurance fund and claims, see the Illinois Department of Ag’s Grain Code page.
Illinois Licensed Grain Dealer
Topflight Grain Cooperative, Inc. is a state-licensed grain dealer. The licenses are protected through annual audits by the State of Illinois. Year-end financial and grain audits are prepared by certified accountants and presented at the Company’s annual stockholder meeting. Topflight Grain is also a member of the Illinois Grain Insurance Corporation which insures grain owners against grain elevator failure.
For more information about state-licensed warehouses, visit the Illinois Department of Ag’s website. For more information about the grain code and the grain insurance fund and claims, see the Illinois Department of Ag’s Grain Code page.
Latest News from Topflight Grain
Monday, March 1, 2021
Closing Markets: Corn -9 Old & -2 New. Beans -13 Old & -1 New. Wheat -11.
Market Recap:
Corn futures ended the day mostly lower. There was talk during the session that money may be leaving the grains in favor of equities. Fresh news in corn has been light to start the week. Generally dry conditions in Argentina & southern Brazil combined with wet conditions in northern Brazil has been sending mixed messages as of late. Despite dry conditions in Argentina, traders appear reluctant to trade the dryness until it becomes clear crop conditions are declining. For reference, Argentina received less than half the average precipitation it normally sees in the month of February and dry conditions continue along with warming temperatures. Second corn crop planting in Brazil remains behind a year ago with IMEA estimating safrinha corn planting in Mato Grosso @ just 55% complete vs. 92% last year. Weekly U.S. corn export inspections were a marketing year high in this morning’s report at 64.4 million bu. This week's activity included 347,000 tonnes to China. Cumulative corn inspections stand at 1.01 billion bu. vs. 559 million a year ago, currently. Issues with China’s hog herd size and the return of ASF is causing some concern, especially since they have over 500 million bu. (estimated) of U.S. corn to ship. With the calendar moving to March, weather in the U.S. and planting decisions/progress will likely start to take on more importance. Currently, Midwest weather models show very little precipitation during the next week, with well-above normal temperatures.
Despite starting the day firmer, soybeans ended the session mixed. Concern over Chinese bean demand on crush margins and the Chinese hog herd lingered in the background. (Talk circulated today that a Chinese state laboratory has detected two more highly transmissible mutations of the ASF). Soybean harvest in Brazil continues, but at a slower pace than normal as the northern areas remain wet. In addition, C Brazil is expected to see widespread rain resulting in additional harvest delays. Brazil shipped 2.5 MMT’s of soybeans last week and their February shipments are expected to reach 4.5 to 5.0 MMT’s. U.S. soybean export inspections this morning totaled 32.3 million bu. This was slightly above trade expectations but in line with the previous two weeks. Shipments are expected to decline once the Brazilian export program is fully up and going. This week's activity did include 334,000 tonnes to China. Cumulative bean inspections total 1.906 billion bu. vs. 1.081 billion a year ago. U.S. January crush will be reported this afternoon and is expected to come in near 195.6 million bu.
Funds Daily
C +341,000 (-10,000); S +117,000 (-8,000); W -20,000 (-6,000); SM +39,000 (-3,000); BO +77,000 (-8,000)
Have a great evening!!!!
Chelsey White
Emery Manager & Originator:: Topflight Grain Cooperative, Inc.
593 Emery Rd :: Maroa, IL 61756
Phone:: 217-794-2240
E-Mail:: cwhite@tfgrain.com
Web:: www.topflightgrain.com
This material should be construed as market commentary, merely observing economic, political and/or market conditions, and not intended to refer to any trading strategy, promotional element or quality of service provided by Topflight Grain Cooperative, Inc. Topflight Grain is not responsible for any redistribution of this material by third parties, or any trading decisions taken by persons not intended to view this material. Information contained herein was obtained from sources believed to be reliable but is not guaranteed as to its accuracy. Contact Topflight Grains designated personnel for specific trading advice to meet your trading preferences. These materials represent the opinions and viewpoints of the author, and do not necessarily reflect the viewpoints and trading strategies employed by Topflight Grain Cooperative, Inc.
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7 hours ago
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Friday, February 26, 2021
Closing Markets: Corn -2 Old & -3 New. Beans -3 Old & -7 New. Wheat -17.
Market Recap:
Good afternoon. Corn had an interesting trading day today as the nearby rallied to a slight gain while deferred contracts with off 3-5 cents. All this in a 10-cent trading range. CH gained 12 cents this week. Funds were sellers of 7,000 contracts at mid-session to cut into their estimated long position of 382,000 contracts. Variable weather forecasts for S. America, poor weekly export sales yesterday, and fund profit taking put a negative spin on markets the past two days. Yesterday, it seemed precipitation. forecasts were improving for Argentina and southern Brazil, but today it seems longer run forecasts have dry weather returning. This is viewed as OK for southern Brazil but not so for Argentina’s corn and soy crops and may be why we were able to trade off today’s lows as the session progressed. Issues with China’s hog herd size and the return of ASF is causing some concern, especially as they have 430 million bu. of U.S. corn to ship. China also announced they will add 667,000 hectares of corn production in 2021, which equates to roughly a 162 million bu. – not sure this matters but shows China is committed to increased corn production. Weekly export sales being down can’t be a surprise as Argentine offerings are lower than the U.S., but for those looking for additional sales and even lower U.S. ending stocks, it’s a bit of a disappointment. With the calendar moving to March, weather in the U.S. and planting decisions/progress will take on more importance.
Soybeans closed fractionally lower in the front month while deferred contracts were 3-9 cents lower. Soybeans remain volatile, trading a 28-30 cent range. Funds were sellers of 8,000 bean contracts mid-day to cut into an estimated long position of 181,000 contracts. Funds were also sellers of SBM and SBO after spending the past two sessions aggressively buying SBO. Fund profit taking, mixed weather forecasts in S. America (generally dry in Argentina/southern Brazil and wet in northern Brazil sends mixed messages but production forecasts are not faltering to a great degree yet), concern over Chinese bean demand on crush margins and the Chinese hog herd, and Brazil FOB offerings well below U.S. offerings seemed in the mix as we end the week. Still, SH gained 28 cents this week. Monday’s January crush report expected to be record large for the month at 195.6 million bu.
Wheat closed 14-16 cents lower today but WH gained 4 cents this week. Market remains confused by winter kill estimates in the U.S. and mixed foreign markets. Funds hold a long position of 30,000 contracts. There were no deliveries against Chicago WH, 86 against KC WH.
Funds Daily
C +370,000 (-10,000); S +129,000 (-15,000); W -22,000 (-8,000); SM +44,000 (-6,000); BO +97,000 (-)
Have a great evening!!!!
Chelsey White
Emery Manager & Originator:: Topflight Grain Cooperative, Inc.
593 Emery Rd :: Maroa, IL 61756
Phone:: 217-794-2240
E-Mail:: cwhite@tfgrain.com
Web:: www.topflightgrain.com
This material should be construed as market commentary, merely observing economic, political and/or market conditions, and not intended to refer to any trading strategy, promotional element or quality of service provided by Topflight Grain Cooperative, Inc. Topflight Grain is not responsible for any redistribution of this material by third parties, or any trading decisions taken by persons not intended to view this material. Information contained herein was obtained from sources believed to be reliable but is not guaranteed as to its accuracy. Contact Topflight Grains designated personnel for specific trading advice to meet your trading preferences. These materials represent the opinions and viewpoints of the author, and do not necessarily reflect the viewpoints and trading strategies employed by Topflight Grain Cooperative, Inc.
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3 days ago