UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F

FORM 13F COVER PAGE
OMB APPROVAL
OMB Number:3235-0006
Expires:July 31, 2015
Estimated average burden
hours per response:23.8

Report for the Calendar Year or Quarter Ended:
12-31-2021
Check here if Amendment: Amendment Number:
This Amendment (Check only one.): is a restatement.
adds new holdings entries.

Institutional Investment Manager Filing this Report:

Name:
Loudon Investment Management, LLC
Address:
P.O. BOX 378
Meriden, NH 03770
Form 13F File Number:

The institutional investment manager filing this report and the person by whom it is signed hereby represent that the person signing the report is authorized to submit it, that all information contained herein is true, correct and complete, and that it is understood that all required items, statements, schedules, lists, and tables, are considered integral parts of this form.


Person Signing this Report on Behalf of Reporting Manager:
Name:
Emily Sands
Title:
President
Phone:
603-667-8862


Signature, Place, and Date of Signing:

Emily Sands
                         [Signature]
West Lebanon, NEW HAMPSHIRE
                 [City, State]
01-31-2021
                           [Date]
                          

Report Type (Check only one.):

13F HOLDINGS REPORT. (Check here if all holdings of this reporting manager are reported in this report.) 

13F NOTICE. (Check here if no holdings reported are in this report, and all holdings are reported by other reporting manager(s).) 

13F COMBINATION REPORT. (Check here if a portion of the holdings for this reporting manager are reported in this report and a portion are reported by other reporting manager(s).)


Form 13F Summary Page

Report Summary:

Number of Other Included Managers:
0
Form 13F Information table Entry Total:
88
Form 13F Information table Value Total:
156663
          (thousands)

List of Other Included Managers:

Provide a numbered list of the name(s) and Form 13F file number(s) of all institutional investment managers with respect to which this report is filed, other than the manager filing this report.
[If there are no entries in this list, state "NONE" and omit the column headings and list entries.]

  
NONE


UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F

FORM 13F INFORMATION TABLE
OMB APPROVAL
OMB Number:3235-0006
Expires:July 31, 2015
Estimated average burden
hours per response:23.8

COLUMN 1COLUMN 2COLUMN 3COLUMN 4COLUMN 5COLUMN 6COLUMN 7COLUMN 8
VALUESHRS ORSH/PUT/INVESTMENTOTHERVOTING AUTHORITY
NAME OF ISSUERTITLE OF CLASSCUSIP(x$1000)PRN AMTPRNCALLDISCRETIONMANAGERSOLESHAREDNONE
APPLE INCCOM0378331003,74221,072SHSOLE 0 0 21,072
ABBVIE INCCOM00287Y1096,77950,065SHSOLE 0 0 50,065
ABBOTT LABSCOM0028241009086,449SHSOLE 0 0 6,449
ISHARES TRCOM4642882403816,850SHSOLE 0 0 6,850
ARCHER DANIELS MIDLAND COCOM0394831023,81956,496SHSOLE 0 0 56,496
AUTOMATIC DATA PROCESSING INCOM0530151031,1124,511SHSOLE 0 0 4,511
AFLAC INCCOM0010551021,55626,656SHSOLE 0 0 26,656
AMGEN INCCOM0311621003,71216,502SHSOLE 0 0 16,502
AMERIPRISE FINL INCCOM03076C1063,24510,757SHSOLE 0 0 10,757
SMITH A O CORPCOM8318652094084,753SHSOLE 0 0 4,753
AIR PRODS & CHEMS INCCOM0091581063681,210SHSOLE 0 0 1,210
BOEING COCOM0970231052521,251SHSOLE 0 0 1,251
VANGUARD BD INDEX FDSCOM9219378193163,610SHSOLE 0 0 3,610
BANK NEW YORK MELLON CORPCOM0640581002,04335,173SHSOLE 0 0 35,173
VANGUARD BD INDEX FDSCOM92193782782310,184SHSOLE 0 0 10,184
CARDINAL HEALTH INCCOM14149Y1082,22043,118SHSOLE 0 0 43,118
CATERPILLAR INCCOM1491231012,16910,493SHSOLE 0 0 10,493
CI FINL CORPCOM12549110038718,500SHSOLE 0 0 18,500
COLGATE PALMOLIVE COCOM1941621033403,987SHSOLE 0 0 3,987
CLOROX CO DELCOM1890541098404,818SHSOLE 0 0 4,818
COMCAST CORP NEWCOM20030N1011,15022,847SHSOLE 0 0 22,847
CUMMINS INCCOM2310211061,7558,043SHSOLE 0 0 8,043
CONOCOPHILLIPSCOM20825C1042032,815SHSOLE 0 0 2,815
CISCO SYS INCCOM17275R1025,08480,226SHSOLE 0 0 80,226
CVS HEALTH CORPCOM1266501009158,868SHSOLE 0 0 8,868
DEERE & COCOM2441991052,6257,656SHSOLE 0 0 7,656
DIGITAL RLTY TR INCCOM2538681035313,003SHSOLE 0 0 3,003
EMERSON ELEC COCOM2910111042,16323,270SHSOLE 0 0 23,270
ENBRIDGE INCCOM29250N1053599,196SHSOLE 0 0 9,196
ENTERPRISE PRODS PARTNERS LCOM2937921074,953225,544SHSOLE 0 0 225,544
EXTRA SPACE STORAGE INCCOM30225T1028423,715SHSOLE 0 0 3,715
FASTENAL COCOM3119001045,90192,114SHSOLE 0 0 92,114
ISHARES TRCOM46429B6554629,110SHSOLE 0 0 9,110
FEDERAL RLTY INVT TRCOM3137472061,69012,396SHSOLE 0 0 12,396
GLACIER BANCORP INC NEWCOM37637Q1051,89633,439SHSOLE 0 0 33,439
GENERAL DYNAMICS CORPCOM3695501088263,963SHSOLE 0 0 3,963
HORMEL FOODS CORPCOM44045210072214,783SHSOLE 0 0 14,783
INTEL CORPCOM4581401002,16642,063SHSOLE 0 0 42,063
ILLINOIS TOOL WKS INCCOM4523081094,74119,210SHSOLE 0 0 19,210
JOHNSON & JOHNSONCOM4781601041,0175,947SHSOLE 0 0 5,947
JPMORGAN CHASE & COCOM46625H1001,1477,245SHSOLE 0 0 7,245
KIMBERLY-CLARK CORPCOM4943681036024,213SHSOLE 0 0 4,213
LEGGETT & PLATT INCCOM5246601071,59338,712SHSOLE 0 0 38,712
LOCKHEED MARTIN CORPCOM5398301091,0933,076SHSOLE 0 0 3,076
LOWES COS INCCOM5486611076,04323,379SHSOLE 0 0 23,379
MEDTRONIC PLCCOMG5960L1038838,532SHSOLE 0 0 8,532
MCCORMICK & CO INCCOM5797801074985,155SHSOLE 0 0 5,155
3M COCOM88579Y1012,63314,825SHSOLE 0 0 14,825
ALTRIA GROUP INCCOM02209S1032,01142,438SHSOLE 0 0 42,438
MERCK & CO. INCCOM58933Y1052,37731,016SHSOLE 0 0 31,016
MICROSOFT CORPCOM59491810410,70731,837SHSOLE 0 0 31,837
PROSHARES TRCOM74348A4675085,170SHSOLE 0 0 5,170
REALTY INCOME CORPCOM75610910478210,926SHSOLE 0 0 10,926
PAYCHEX INCCOM7043261073242,374SHSOLE 0 0 2,374
PEPSICO INCCOM7134481081,6619,564SHSOLE 0 0 9,564
PFIZER INCCOM7170811031,76329,851SHSOLE 0 0 29,851
PROCTER AND GAMBLE COCOM7427181094802,937SHSOLE 0 0 2,937
POLARIS INCCOM7310681023,00327,321SHSOLE 0 0 27,321
PHILIP MORRIS INTL INCCOM7181721093033,191SHSOLE 0 0 3,191
PUBLIC STORAGECOM74460D1091,7714,729SHSOLE 0 0 4,729
QUALCOMM INCCOM7475251037,28239,820SHSOLE 0 0 39,820
INVESCO QQQ TRCOM46090E103239600SHSOLE 0 0 600
STARBUCKS CORPCOM8552441094,11535,181SHSOLE 0 0 35,181
SCHWAB STRATEGIC TRCOM8085241024805,940SHSOLE 0 0 5,940
SPDR SER TRCOM78464A7638256,389SHSOLE 0 0 6,389
SPDR S&P 500 ETF TRCOM78462F1033,5497,473SHSOLE 0 0 7,473
SYSCO CORPCOM8718291076898,769SHSOLE 0 0 8,769
AT&T INCCOM00206R10234614,085SHSOLE 0 0 14,085
TRUIST FINL CORPCOM89832Q10977513,231SHSOLE 0 0 13,231
TAIWAN SEMICONDUCTOR MFG LTDCOM8740391001,0258,519SHSOLE 0 0 8,519
THE TRADE DESK INCCOM88339J1055045,500SHSOLE 0 0 5,500
TELUS CORPORATIONCOM87971M1031,22852,114SHSOLE 0 0 52,114
UNITED PARCEL SERVICE INCCOM9113121062,76012,879SHSOLE 0 0 12,879
US BANCORP DELCOM9029733042945,235SHSOLE 0 0 5,235
VANGUARD SCOTTSDALE FDSCOM92206C4092,26127,819SHSOLE 0 0 27,819
VALERO ENERGY CORPCOM91913Y1004105,464SHSOLE 0 0 5,464
VANGUARD INDEX FDSCOM9229085539788,431SHSOLE 0 0 8,431
VERTEX PHARMACEUTICALS INCCOM92532F1003301,505SHSOLE 0 0 1,505
VANGUARD INDEX FDSCOM9229087694821,995SHSOLE 0 0 1,995
VERIZON COMMUNICATIONS INCCOM92343V10457211,001SHSOLE 0 0 11,001
WHIRLPOOL CORPCOM9633201066142,615SHSOLE 0 0 2,615
ESSENTIAL UTILS INCCOM29670G10293817,463SHSOLE 0 0 17,463
SELECT SECTOR SPDR TRCOM81369Y1002502,755SHSOLE 0 0 2,755
SELECT SECTOR SPDR TRCOM81369Y8522,19328,235SHSOLE 0 0 28,235
SELECT SECTOR SPDR TRCOM81369Y60574419,058SHSOLE 0 0 19,058
SELECT SECTOR SPDR TRCOM81369Y8036,63438,157SHSOLE 0 0 38,157
SELECT SECTOR SPDR TRCOM81369Y2092852,022SHSOLE 0 0 2,022
EXXON MOBIL CORPCOM30231G1022584,223SHSOLE 0 0 4,223