Investing in your grain business


Our operations are designed to move yours forward

Southeast Farmers Cooperative grain locations are positioned to access local and global corn and soybean markets, providing our members with competitive bids and modern facilities. 

Our shuttle loader on the Burlington Northern/Santa Fe Railroad in Elk Point gives us access to export markets that would otherwise be unavailable. And our South Dakota locations near soybean crushing plants and corn processors allows us to take advantage of local markets when prices are right.

We communicate regularly with our grain customers to make sure we understand their objectives and meet their needs. Whether you need grain contracts, on-farm grain pick up or just another opinion, we’re here for you.  

Talk to our grain team and discover why a partnership with us quickly pays dividends.

Continually Improving Our Facilities

As a farmer-owned cooperative, we look to make investments that contribute to the success of your farming business. Time is money when you’re moving grain, and it’s important to get in, get out and get back to work. 

We’ve made numerous investments in recent years to improve speed and storage at our elevators. This allows us to handle tens of thousands of bushels per hour and store millions of bushels. 

  • We recently upgraded our speed at our terminal in Elk Point to 35,000 bushels/hour. During harvest we also pile grain with two, 25,000 bushel-per-hour conveyors. This brings our dump capacity to 85,000 bushels/hour during harvest.
  • We updated our facility in Beresford, increasing dump speed to 27,000 bushels of soybeans per hour. Corn has increased to 28k/hour.  
  • We have added 1.2 million bushels of bunker storage in Centerville, and the conveyor that feeds it operates at 15,000 bushels/hour.

Grain Contracts

When it comes to grain marketing, it’s best to sell when you want to, not when you need to. But that takes planning and an understanding of your breakeven and potential profit margins. 

We can help with grain contracts that allow you to price bushels ahead to capitalize on opportunities. For example, consider pricing grain at the same time you prepay fertilizer contracts to lock in some margin.  

Southeast Farmers offers you many avenues to price bushels, including cash contracts, basis, basis premium, price builder bonus, min/max and min/max/average.  

With these contracts, you can establish a minimum price, while leaving potential for upside participation should the market move higher after you price some bushels. 

We recommend you be proactive with your grain marketing rather than just taking what you can get. For information on these contracts and others, or any other questions, please reach out to our grain team.


Market Commentary

 

Morning 4.18.2024
Apr 18, 2024

Highlights

  • Futures are mixed this morning with the corn and soybeans lower while the wheat futures are higher.
  • Israeli Prime Minister Netanyahu said they will make its own decisions about how to defend itself a...
Morning 4.17.2024
Apr 17, 2024

Highlights

  • Futures are mostly higher this morning as the crude oil market is down another 50 cents/barrel and the equity futures are higher.
  • Crude oil prices have been soft this week as the market keeps an eye ...
Morning 4.16.2024
Apr 16, 2024

Highlights

  • Futures are mixed with the corn, soybeans, and winter wheat slightly lower while the spring wheat is firmer.
  • The global markets are waiting to see how Israel responds to Iran’s attacked that wa...
Afternoon Highlights 4.18.24
Apr 18, 2024

Highlights

Good Afternoon! Corn and soybeans ended the day lower, and wheat futures saw small gains but we closed off the highs. Overall the market is quiet, and producer engagement is very limited.

Updated NOAA seas...

Afternoon Highlights 4.17.24
Apr 17, 2024

Highlights

Good Afternoon!

2023/24 export sales estimates: wheat (100k)-200k MT, corn 300k-900k MT, soybeans 300k-650k MT, meal 100k-300k MT, and soyoil (5k)-10,000 MT. Last week sales were 80.7k MT for wheat, 325k MT...

Afternoon Highlights 4.16.24
Apr 16, 2024

Highlights

Good Afternoon! Corn, soybeans, and Chicago wheat all closed lower today, while Mpls and KC were stronger. The US $$ rallied again today, currently up at its highest point since November 2nd.

The...

Need a pick up?

If you need grain moved, we may be able to help you out. Call us for a bid!  

Grain Policy 2023

Click to download the current Southeast Farmers Coop Grain Policy document in PDF format.

Discount Schedule

Click to download the current Southeast Farmers Discount Schedule document in PDF format.

Harvest Special Hours


  • Beresford

    Monday

    8:00 AM - 4:30 PM

    Tuesday

    8:00 AM - 4:30 PM

    Wednesday

    8:00 AM - 4:30 PM

    Thursday

    8:00 AM - 4:30 PM

    Friday

    8:00 AM - 4:30 PM

    Saturday

    Closed

    Sunday

    Closed

    Subject to change
     

    Phone
    605.763.2108

  • Centerville

    Monday

    8:00 AM - 4:30 PM

    Tuesday

    8:00 AM - 4:30 PM

    Wednesday

    8:00 AM - 4:30 PM

    Thursday

    8:00 AM - 4:30 PM

    Friday

    8:00 AM - 4:30 PM

    Saturday

    Closed

    Sunday

    Closed

    Subject to change

    Phone
    605.563.2007

  • Elk Point

    Monday

    8:00 AM - 5:00 PM

    Tuesday

    8:00 AM - 5:00 PM

    Wednesday

    8:00 AM - 5:00 PM

    Thursday

    8:00 AM - 5:00 PM

    Friday

    8:00 AM - 5:00 PM

    Saturday

    Closed

    Sunday

    Closed

    Subject to change

    Phone
    605.356.2657

  • Spink – Main Office

    Monday

    8:00 AM - 4:30 PM

    Tuesday

    8:00 AM - 4:30 PM

    Wednesday

    8:00 AM - 4:30 PM

    Thursday

    8:00 AM - 4:30 PM

    Friday

    8:00 AM - 4:30 PM

    Saturday

    Closed

    Sunday

    Closed

    Phone
    605.253.6150

  • Terminal

    Monday

    8:00 AM - 5:00 PM

    Tuesday

    8:00 AM - 5:00 PM

    Wednesday

    8:00 AM - 5:00 PM

    Thursday

    8:00 AM - 5:00 PM

    Friday

    8:00 AM - 5:00 PM

    Saturday

    Closed

    Sunday

    Closed

    Phone
    605.356.3034

Grain Staff