Goodwine Office: (815) 457 – 2880

Welcome to the

Goodwine Coop Grain Company

Goodwine

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. Prices have traded both sides of yesterday’s close overnight with markets currently in the green. Crude is higher this morning and the Dollar is weaker. A good harvest day is shaping up across the Midwest and the remainder of the week looks good weather-wise with the exception of tomorrow when parts of the Midwest may see some very Continue Reading

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      Good morning. Corn and soybean markets overnight  continued their strong rallies from yesterday. Beans are leading the way higher, supported by a strong export pace and by higher soymeal futures. Commodity funds buying continues.  Last week’s export inspections were right at 80 million bu. and seemed to remind the trade that the U.S. is projected to export a record amount Continue Reading

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      Good morning. Corn and soybeans are lower this morning following an active harvest weekend. SX is trading below the 50 day moving average.  Moderate to heavy rains (.5 to 4.0”) fell on Central and northern Brazil over the weekend which is adding to the bearishness. After light to moderate rains sweep across the Midwest today and tomorrow, dry conditions are Continue Reading

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      http://www.dailymail.co.uk/news/article-2771250/Corn-road-Seeds-dried-dual-carriageway-tradition-meets-modern-world-China.html The seeds of change: Incredible photos of corn being dried on a brand new highway as farming tradition meets the modern world in China Busy highway turned into makeshift Yellow Brick Road in Zhengzhou, China  Villagers spread the corn seeds laboriously by hand over the six-lane road This is how Chinese farms dry corn in absence of large machines Continue Reading

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      Good morning. Corn and soybeans have rallied overnight with soybeans supported by firming soymeal prices and additional short covering boosting corn. Technicals are turning positive with SF near the 50 day moving average and CZ near the 100 day moving average. Excellent demand for soybeans and meal continue and Eastern Midwest crushers are light on soybean supplies as harvest is Continue Reading

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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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