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. Markets are slightly lower this morning as the Dollar continues to firm and harvesting of record corn and soybean crops increases. The Dollar is approaching its highest level since 2010. One more excellent harvesting day is on tap for most of the Midwest followed by rainfall tonight and tomorrow of .5 to 1.0”. After the rain ends, a Continue Reading

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      Good morning. Corn and soybean markets are little changed this morning as traders await tomorrow’s quarterly stocks report. Wheat has rallied modestly overnight on the recent upturn in export sales. The Dollar is weaker this morning which is also supporting wheat. China is said to be buying Brazilian soyoil for November – December shipment.  Commodity funds are now holding a Continue Reading

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      Good morning. Corn and soybeans are little changed this morning while wheat trades lower. Fresh news continues to be scarce – weather and yields remain good and are keeping pressure on prices while some support is coming from the approaching month/quarter end as well as the quarterly stocks report next Tuesday. The nearly perfect weather we have enjoyed this week Continue Reading

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      Good morning. Wheat is leading corn and soybeans higher this morning as rumors that Nigeria has purchased 40,000 MT’s of U.S. wheat have pushed prices modestly higher. Expectations for a big soybean export number in tomorrow’s weekly export sales report are supporting the soy complex. Traders are looking for soybean sales to be in the range of 73 to 90 Continue Reading

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      Good morning. Turnaround Tuesday? Corn and soybean markets are little changed this morning as market factors are much the same this morning as yesterday. Yesterday’s crop conditions report showed corn rated as good or excellent the same as last week while soybeans declined 1%. Only 7% of the corn crop and 3% of soybeans have been harvested – both percentages Continue Reading

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      Good morning. It’s the last partial day of summer as autumn begins at 9:29 CDT tonight. Corn and beans are lower this morning as forecasts point to a dry and mild week which will allow corn and soybean harvest to get started in earnest. No freezing temperatures are forecast over the next ten days which will allow crops in the Continue Reading

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