Deer Grove, IL
28977 Arrow Road
Deer Grove, IL 61243
DAILY CLOSING GRAIN BIDS
Download the PDF document and easily compare grain bids, enabling you to plan for the day ahead.
GRAIN
When you work with River Valley Cooperative Grain, you gain a local partner in your operation who is committed to making grain marketing and delivery as easy and efficient as possible.
We’re a stable, financially healthy cooperative, which allows us flexibility in how we work with grain customers. From timely, accurate payments to various contracting options, we’ll help you do business how you want to when you want to.
Do business the way that works best for you
Whether you prefer to talk directly to someone or act through your phone, we have choices for you.
- The online experience from River Valley Cooperative enables you to manage your grain account conveniently and proactively from your computer or phone 24 hours a day.
- Our full-time team of merchandisers and grain buyers is here to help you reach your grain marketing objectives.
- Our full-time logistics team can help with trucking needs to help you act on market opportunities.
- We utilize a robust quality assurance program to ensure grain meets standards.
CONTRACTS AND SERVICES
If you’re going to capture a profitable price for your grain, it helps to have a partner who can help you navigate today’s volatile grain markets.We offer a variety of marketing tools, and we access numerous markets, which helps us offer you strong prices for your grain.
Our grain contracts range from cash sales to hedge-to-arrive and more. We also offer deferred payment contracts, direct deposit of grain checks, grain hauling services, and grain market insights.
We’ll find a solution that works for your operation!
DELIVERIES
River Valley Cooperative provides two delivery options for marketing your grain:- More than 40 million bushels of licensed storage space between our facilities in Iowa and Illinois. These include our feed milling facilities, which utilize 50,000 bushels of corn/day.
- A direct-ship program to local terminals. Bushels can be delivered to several delivery points through different freight options. The same marketing options available for grain hauled into our elevators are available on direct-ship bushels. We offer multiple delivery points and can price grain delivered or as farm pick-up.
TARGET AVERAGING
The Target Averaging contract only prices futures on days that the market is at or above a target price that you set. When the average futures price is finalized, bushels may be delivered to the destination of your choice.
How it works:
1.) Commit to a bushel amount. Tell us how many bushels you would like to enroll in the Target Averaging program. You can enroll in old crop and/or new crop pricing periods, just be sure to sign up prior to the enrollment deadline.
2.) Designate a target price. The Target Price does not lock in a price, but it represents the minimum futures price at which you are willing to make sales. For example, you might select a Target Price that represents your breakeven price to ensure that you are only averaging on days when prices are above your cost of production.
3.) Let the averaging begin! Each day the futures market settles above your Target Price, a few bushels are sold at that day’s settlement price. Each day the futures market settles below your Target Price, no bushels are sold, but they are put on hold and accumulated until the market returns to the Target Price.
If the market never reaches the Target Price, then the bushels remain unsold.
Please note: Depending on the Target Price you select and market action, there is no guarantee that your bushels will get priced.
WEATHER
29
Mostly Sunny
Feels Like
18 F
Humidity
75 %
Dew Point
22 F
Barometer
30.33 inHg
Winds
SSE 15 mph
Sunrise
07:26 AM
Sunset
04:36 PM
Sun 12/22
Mon 12/23
Tue 12/24
Wed 12/25
Thu 12/26
High
38 F
40 F
37 F
40 F
45 F
Low
21 F
30 F
30 F
31 F
35 F
Precip
0 %
0 %
0 %
0 %
62 %
GRAIN BIDS
FUTURES
OPTIONS
OUR TEAM
For more information on any of our grain services, contact River Valley Cooperative’s grain marketing team:
Sam Bair
Sam Bair
Office: (309) 883-3158
Taylor Bensenberg
Taylor Bensenberg
Office: (563) 285-1737
Michelle Cooney
Michelle Cooney
Office: (309) 714-1154
Cody Forde
Cody Forde
Office: (309) 714-9286
Blake Graham
Blake Graham
Office: (309) 218-0315
Brent Graham
Brent Graham
Office: (309) 218-0331
Marcia Hix
Marcia Hix
Office: (815) 445-2311
Jamie Lindley
Jamie Lindley
Office: (309) 218-0336
Aaron Maher
Aaron Maher
Office: (309) 218-0334
Tom Parchert
Vice President, Grain
Kale Petersen
Regional Sales Manager
Autumn Schmidt
Autumn Schmidt
Office: (309) 218-0342
Dean Sweenie
Director of Grain
Matt Webster
Matt Webster
Office: (815) 883-4483
Sara Yerkey
Sara Yerkey
Office: (309) 937-2435
Taylor Bensenberg
Taylor Bensenberg
Office: (563) 285-1737
Brenda Hansen
Brenda Hansen
Office: (563) 285-1713
Caleb Kaufmann
Caleb Kaufmann
Office: (563) 770-5243
Phil Knuth
Phil Knuth
Office: (319) 482-3101
Kurt Kramer
Kurt Kramer
Office: (563) 285-1712
Tom Parchert
Vice President, Grain
Kale Petersen
Regional Sales Manager
Allison Ryan
Allison Ryan
Office: (563) 932-2101
Bridgett Wildermuth
Transportation
RIVER VALLEY COOPERATIVE GRAIN LOCATIONS
GRAIN RESOURCES
Grain ACH Authorization Form
As a continuing effort to provide our customers with the most efficient service possible, River Valley Cooperative offers Direct Deposit for your grain checks. You have the option of picking up your settlement sheets or you can have them emailed to you. If you have any questions regarding this program, please call 563-285-1714.
Download PDF document: Grain ACH Authorization Form
2024 Harvest Information
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