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 Doug Walder.

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      Good morning. Grains and soybeans are higher this morning as a short covering rally has spread across the corn, soybean, and wheat markets. Expectations for strong export sales in this morning’s report helped to fuel the overnight rally as did concern about recent dryness in the west. Cool weather is forecast to continue for the Midwest into at least early Continue Reading

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      Beans are rallying with nearby spreads firming once again, corn marginally weaker. Not much has changed today. Beans higher on lack of cash movement/strong demand. SQ-SX has now retraced 50% of the previous 2-week loss, waiting for cash direction. NOAA 5 day map shows 1-2” rains from SE MN, NE IA, SW WI thru N IL. The same map shows Continue Reading

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      Good morning. Markets are slightly higher this morning as end user pricing has been supportive. There is some concern about dryness in parts of the Midwest, particularly the northwestern belt, but good subsoil moisture levels and cool temperatures are limiting any crop stress. The Midwest will continue to be cooler than normal over the  next two weeks with normal to Continue Reading

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      Excellent crop conditions continues to pressure the grain markets lower. SQ finding support today with the SQ-SX firming 45 cents in 3 days. Spread firming on recent Chinese interest and the lack of cash movement. Doane’s crop tour suggests their strongest rated corn crop they have seen in western IL. The tour suggests avg yield checks @ 193 bpa for Continue Reading

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      Good morning. Turnaround Tuesday. After a lower start last night, markets have turns modestly higher on some light short covering. The weekly crop conditions report gave little hope to bulls as the corn condition was unchanged at 76% good or excellent (63% a year ago) and beans improved 1% to 73% g/e (64% ly). 29% of the TX crop and Continue Reading

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      Good morning. Markets are beginning the week on a familiar note- that is to say lower, as favorable weather forecasts and expectations for crop condition improvement in this afternoon’s crop conditions report are pushing corn, bean, and wheat markets lower. Corn has made new life of contract lows overnight and is at 4 year lows. Corn rated as good or Continue Reading

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