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, October 25, 2021
Closing Markets: Corn Even. Beans +17. Wheat +3.
United Prairie will be serving steak sandwiches on Wednesday, October 27th from 11am-1pm at Emery.
Market Recap:
Corn futures started the day firmer but ultimately ended the session mixed on a lack of buying interest Weekly export inspections were disappointing for corn today at 21.5 million bu. vs. 41.3 million a week ago. Cumulative corn inspections are down roughly 23% from a year ago. Market participants are focused on the fact China has not been an active buyer of U.S. corn since last spring, but they are still importing record volumes of not just corn but feed grains as well. That said, U.S. processing margins with current ethanol margins reported as high as 70 cents are supportive. Heavy rain has stalled corn harvest through much of the Midwest and more rain is expected mid-week. NASS will release updated progress numbers this afternoon. Traders are expecting to see corn harvest near 65% complete. In S. America, a rain event is expected to stall over C Brazil, while conditions look dry across their southern crop areas. Brazil’s planting of their summer corn crop is estimated to have reached almost 64% planted per Safras & Mercado. Scattered showers moved across Argentina over the weekend, but this week’s forecast looks drier. Market participants are starting to see an easing regarding weather concerns in Argentina. Argentina is expected to increase corn plantings this year, which may add to the entire S American crop size.
Soybean futures were higher today. Wet weekend weather has halted soybean harvest in many areas, and more is expected mid-week, adding support to prices. Strength from the global vegetable oil market, as more countries show demand for oilseed products, was also viewed as friendly. In addition, strong soybean crush margins as demand for meal and oil remains elevated adds to the bullish tone. There are also beliefs that the smaller crop in Argentina will lead to elevated demand for U.S. soy products going forward. Traders, however, continue to monitor demand. There have been no daily soybean sales announced over the last week despite several rumors of China shopping. Weekly soybean export inspections totaled 77.3 million bu. this morning. For reference, bean shipments are still running approximately 45% behind last year’s pace. NASS will release updated harvest progress numbers this afternoon. The trade is expecting to see U.S. soybean harvest near 77% complete. In Brazil, farmers took advantage of favorable weather last week to accelerate their soybean planting to 38% of the estimated planted area
Funds Daily
10/25/2021 Fund Position Daily Change
Corn 158,000 UNCH
Beans (8,000) 6,000
Meal (26,000) UNCH
Oil 57,000 4,000
Chi Wheat (32,000) 2,000
KC Wheat 31,000 1,000
MW Wheat 22,000 2,000
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.
... See MoreSee Less
11 hours ago
View Comments
- Likes: 0
- Shares: 0
- Comments: 0
Monday, October 25, 2021
Morning Markets: Corn +1. Beans +10. Wheat +7.
United Prairie will be serving steak sandwiches on Wednesday, October 27th from 11am-1pm at Emery.
MARKET SUMMARY:
Much of this week will be spent getting positions in place ahead of month end. This is more of a factor for the November contracts as they will go into delivery. Soybeans will see the most activity from this, although many of the existing November contracts have already been rolled to deferred months. Aside from this contract positioning trade will continue to focus on many of the same factors this week that it has for the past several. The main one of these is harvest activity with some reports of activity winding down in a few regions of the Corn Belt. As this happens, we are starting to see elevated country movement as on-farm storage facilities are filling. This is beneficial for processors who have been pushing for deliveries. It is interesting to see than many of the deliveries that are taking place are going end-user direct and bypassing elevators. Trade is taking this as a sign the quality of this year’s crops is not as bad as initially thought. The real question is what will be done with inventory once harvest wraps up. Many farmers claim they will store this year’s crop and market later which should help support interior basis values.
Crude Oil is up $0.66 at $84.42.
US Dollar is up $0.106 at $93.748.
Global Equities: Japan -0.3%, China no change, and Europe no change.
Dow futures is up 12 points at 35,569.
EU MATIF Exchange: Corn no change, and Wheat +0.1%.
Malaysian Palm Oil: +1.1%.
Dalian: Corn +2.1%, Soybeans +0.6%, and Meal +0.4%
WEATHER:
• Heavy rains have moved across the Midwest and are now located the northern sections of the eastern belt. Rainfall totals of 2” to 3” were common across much IA, IL, and IN. The 5-day outlook suggests another .75” to 1.50” is possible this week across most of the Midwest, with the heaviest rains expected from E OK and northward into W IA. NOAA’s 6 to 10- day maps suggest a much drier trend which will be needed to bring the 2021 harvest season to a completion.
OTHER HEADLINES:
• High Chinese corn prices aided in the sale of China state reserve wheat. China sold 891,938 MTs or 88.5% of the volume offered in its first weekly auction since the new harvest. The wheat was sold at an average price of 2,366 yuan ($371) per tonne, lower than the current cash prices of wheat
• China on Friday said there is “no room” for compromise or concessions over the issue of Taiwan, following a comment by U.S. President Joe Biden that the U.S. is committed to defending the island if it is attacked.
• A Delta Covid outbreak in northern China is expected to get worse after cases were detected in 11 provinces and two marathons were postponed.
• NASS will release its first wheat ratings of the season in today’s Crop Progress and Conditions report. We estimate 65-70% of the winter wheat crop will be rated good to excellent.
• India's natural rubber production is likely to fall sharply in October and November, as heavy rains have been disrupting tapping activity in the country's top producing southern state of Kerala, industry officials said on Monday. Lower production could force India, the world's second-biggest consumer of natural rubber, to increase imports in the coming months from Indonesia, Malaysia, and Thailand, supporting global prices.
• Malaysian palm oil futures rebounded in early trade on Monday, as supply constraints due to the rainy season and strength in rival oils supported the market.
EXPORT NEWS:
• N/A
Have a great day!!!!
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 particular 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.
... See MoreSee Less
18 hours ago