6/29/26-CE Free DP available for Corn. Must be sold by August 14th, 2026.
5/6/26- BE/HE/CO/SL Free DP available for Corn and Soybeans. Must be sold by August 14th, 2026.
Ray-Carroll Updated Contact Information:
We have updated our communications network and some toll-free numbers have been retired. The same teams are here to serve you at all locations, but dial these numbers for fastest service:
GRAIN STORAGE & DRYING: - Qualified: 7% of $ paid -Non-Qualified: 0% -Total: 7% of $ paid
INPUTS & SERVICES: - Qualified: 7% of cost -Non-Qualified: 0% -Total: 7% of cost
Checks mailed in December represent 50% of the QUALIFIED patronage dividend. You will pay taxes on the entire Qualified dividend this year. The remaining part of the Qualified dividend will be retained and paid out with all taxes paid in the future. The Non-Qualified portion will all be retained and paid out in the future. You will pay taxes on this portion in the year they are revolved. Currently Ray-Carroll has revolved equity to 2015 and plan to stay within a ten year window.
Patronage Checks Example:
If you sold 100,000 bushels of grain to R-C during the 2023 crop
You will receive a check in December for $8,500 (50% of Qualified), and you will pay taxes on $17,000 this year.
The remaining $8,500 of Qualified Patronage will be retained and should be paid out within 10 years. Taxes are already paid on this amount.
Non-Qualified Patronage is all retained. Your check for $3,300 should be paid out in 10 years. At that time, you will pay the taxes on this amount.
Our plan is to pay the full $20,300 out within a ten year window barring several years of floods/droughts.
$750/ton NH3 would be $52.50/ton patronage. $26.25/ton paid in cash & $26.25/ton retained.
Pays on every acre-$100 seed, $65 ammonia, $75 P&K, $70 chemical = $310 in inputs/ acre pays back $21.70/acre in total patronage.
8/12/26 Corn up 21, Beans up 15, Wheat up 22 Crude Oil-83.01 down .21 US Dollar-100.00 up .17 Dow Jones-53,770.27 down 21.58
Today’s crop report results led to double digit gains across the corn, soybean, and wheat market. Wheat led the charge overnight on news of Ukraine drones striking one of Russia’s main grain terminals. Corn closed on its high after the USDA dropped new crop yield to 180.7 bpa, vs last month’s estimate of 183 bpa. Soybean yield came in right at what the trade expected - 52.7 bpa vs last month’s estimate of 53 bpa.
