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, Keith Knapp, and Brent Neukomm.

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      Good morning. Markets are trading quietly this morning ahead of the 11 AM crop report. The Dollar is showing more strength this morning after yesterday’s strong performance. Crude oil is stronger. Malaysian palm oil futures were lower today as were Chinese corn, soybean, soyoil, and palm oil markets. Deliveries included 3 soymeal and  606 soyoil. There were no corn, Chicago Continue Reading

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      Good morning. 75 years since the day that lives in infamy. Grain and soybean markets are slightly lower this morning, as some light profit taking was noted in soybeans overnight. The Dollar is steady and crude oil is weaker. Asian markets were mixed today – Malaysian palm oil was lower, Chinese soyoil and palm oil markets were higher, as were Continue Reading

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