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: What year did Wile E. Coyote and Road Runner first appear in a Looney Tunes cartoon? (answer below)
Market Recap- Ag markets closed lower again on Tuesday, with an early bean/meal rally failing throughout the morning session and the grains falling to another round of new lows on what continues to be ongoing long liquidation across the space. The USDA - and now the Brazilian election - have introduced plenty of bearish sentiment to the market over the last couple weeks, but there has been little if anything on the bullish side of the ledger to help offset it. The technical situation has become extremely oversold, but it appears there is going to need to be some sort of spark to ignite what should be a seasonal turn-around.
Corn Summary- The corn market continued to make new lows again on Tuesday, finishing lower again amid what continues to be a slow news environment on the tail end of harvest. There is still a good chunk of the crop to come out over the course of the next few weeks, but farmer selling has slowed a bit as they seem to have contracts mostly filled and are now working on filling their bins. Regardless of price, the producer would rather store corn than soybeans, and this has produced a strengthening basis environment over the last few days despite board prices still falling and there seemingly still being plenty of corn left to harvest.
Soybean Summary- An overnight and early morning rally in the soybean and meal markets failed throughout the course of the day session Tuesday, with the two and also oil finishing the day in the red amid what was matter chatter regarding the real in Brazil and elections in Israel that are likely to have a major impact on world energy markets. Soybean oil futures have been largely sideways since the middle of April, but have still seen a considerable amount of influence from the energies and we imagine this will play a role in price discovery here into the end of the week. Meanwhile, the afore mentioned real traded just below the mid-point of yesterday's range in the futures markets for the majority of the day today, bringing about some measure of calm after the panic seen to start the week. That said, we don't imagine volatility there subsides very quickly, which means currency markets are likely to continue to have some sort of impact on bean and meal prices in the short term.
Wheat Summary- Chicago wheat futures settled lower again on Tuesday, with the vast majority of the news and headlines in the space still centering on developments in the Black Sea region. There seems to be progress for trilateral peace talks to occur between Russia, Ukraine, and the US at some point in November, but so long as attacks remain ongoing, we just don't have a lot of optimism that anything comes out of them. President Trump, along with most leaders in Europe, obviously want the war over for economic reasons, but no matter how much they push, it still at the end of the day comes down to either Zelensky or Putin making some sort of concession, and we still don't know how great the odds of this happening are. Forced to take a stance, it seems more likely that the war drags on into the new year than it does that the two sides find some sort of common ground.
Outside News Headlines- Crude oil futures down $2.00/bbl.
Weather Updates- Rainfall chances look to marginally improve across the western and northwestern parts of the Corn Belt as the week goes on, but the rest of the region still sees little change from the warm/dry pattern that has been in place going back to last week as high pressure remains in place across the eastern US. Into next week though, models are becoming more aligned on a coming low pressure system that's currently near Alaska that will likely bring about a pretty significant pattern shift, along with storm activity and moisture. The models are in poor agreement on the exact timing/location of this system through next week, but are both picking up on it and showing the same general overall themes. Beyond that, high pressure then looks to move back over the eastern US again, turning things back warmer and drier relative to normal for a bit, while the upper jet extension in the Pacific pushes systems regularly into the West Coast. For the Midwest, it's whether or not the jet can push these systems over the Rockies and into the central part of the country that will largely determine the weather pattern there then through the middle part of November. Seven day rainfall maps are similar in South America this afternoon to those seen on Monday, with southern and south-central Brazil continuing to see abundant rainfall, while moisture in the central and northern parts of the country remains adequate but not much more. Argentina sees an ongoing mix of sunshine and rain, but will continue to see daytime highs that are well below normal for the time of year, limiting any sort of rapid early season crop development.
Answer: 1949
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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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