Good morning. Corn has slipped lower overnight while soybeans have seen modest support from some short covering after new contract lows were set yesterday. Generally good weather across the Midwest this week and forecasts for more of the same over the next two weeks are keeping markets on the defensive. Corn basis continues to be strong, but bean basis suffered Continue Reading
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.