Goodwine Office: (815) 457 – 2880

Welcome to the

Goodwine Coop Grain Company


The Goodwine Cooperative Grain company is the oldest operating cooperative  elevator still in business in the state of Illinois.  The company was incorporated on October 15, 1889.  The incorporators were J.H. Rosenberry, Alonzo Carman, Jehu Judy, Robert J. Geddes, and John H. Hoffman.  Sixty-seven stockholders subscribed for $3000.00 of the capital stock, which was the original amount issued.

The Goodwine facility, which is where the main office is located today, was the original facility.  In 1920, the Alonzo elevator was built 3 miles east of Goodwine.  In 1995 the Fountain Creek facility, originally known as Hopwood,  was added.  The Bryce facility was purchased in 2001 and the  East Lynn storage facility was purchased in 2007.

Today, the company has 5 locations with over 4 million bushels of storage, and 15 full time employees.  The current members of the Board of Directors are Bruce Crist (President), Steve Rapp (Vice President), Robert Geddes (Secretary), Bill Betka, Doug Van Hoveln, Scott Morts, and Keith Knapp.

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      Good morning. Forecasts pointing toward an extended period of good weather for the Midwest are driving corn and soybeans lower this morning following an active harvest weekend for corn. The next ten days will feature below normal rainfall with temperatures rising to above normal by later this week. Central and Northern Brazil are forecast to get 2 – 5” of Continue Reading

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      Good morning. Markets are slightly lower this morning as good harvest weather forecasted for the rest of the month weighs on corn and soybeans. Improving weather is also forecast for much of Brazil and Argentina which should help to advance soybean planting in the southern hemisphere next week. Traders expect Monday’s crop progress report to show 52 – 55% of Continue Reading

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      Good morning. The overnight trade was mixed in light volume. The concerns about the world economy continue and commodity funds are reducing their positions in equities and commodities (selling long oil and equity positions while buying short soybean positions). The Dollar is slightly weaker this morning while crude is another $1 or more lower. The weather looks dry for the Continue Reading

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      Good morning. Markets are lower this morning as the persistent Midwest rainy pattern finally begins to move east. Forecasts are in agreement that a rather warm and dry period will occur through the end of the  month. Traders are scratching their heads as to the reason for the corn and soybean rally of the past couple of days. One story Continue Reading

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      The big bean rally faded, now showing small gains along with corn. The higher bean market did provide a round of farmer selling which has subsided. Wet weather has brought the bean harvest to a stand-still, offering support to futures. Beans extended the rally after trading above last week’s high and then the 50 day MA. Bean spreads are weaker Continue Reading

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      Good morning. Corn and soybean markets overnight have extended their rallies begun yesterday despite the fact that the Dollar has strengthened further. Wet weather across nearly all the Midwest has delayed harvest and is supporting both corn and beans, but an extended period of warm and dry weather is forecast beginning Thursday. Dry weather in Northern Brazil is also lending Continue Reading

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