| [X] | Annual report pursuant to section 13 or 15(d) of the Securities Exchange Act of 1934 |
|-----|--------------------------------------------------------------------------------------|

| [ ] | Transition report pursuant to section 13 or 15(d ) of the Securities Exchange Act of 1934 |
|-----|-------------------------------------------------------------------------------------------|

| Kansas                          |   | 48-0340590                        |
|---------------------------------|--------|-----------------------------------|
| (State or other jurisdiction of |   | (IRS employer identification no.) |
| incorporation or organization)  |   |                              |

| Registrant’s telephone number, including area code:  (620) 473-2222 |
|-------------------------------------------------------------------------------------|
| Securities registered pursuant to Section 12(b) of the Act:  None         |
| Securities registered pursuant to Section 12(g) of the Act:                         |
| Title of Class:                                                                     | Capital Stock, par value $2.50 per share |
|                                                                                | Class B Capital Stock, par value $2.50 per share |

| Large accelerated filer ____ |                                          | Accelerated filer   X   |
|------------------------------|-----------------------------------------------|---------------------------------------------|
| Non-accelerated filer ____   | (Do not check if a smaller reporting company) | Smaller reporting company ____              |

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| ·   | Description of the Business; |
|--------------------|------------------------------|

| ·   | Lines of Business; and |
|--------------------|------------------------|

| ·   | Note 10, Lines of Business, of Notes to Consolidated Financial Statements. |
|--------------------|----------------------------------------------------------------------------|

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| Cement                                                            |   | $      | 5,665,411  |   |
|-------------------------------------------------------------------|--------|--------|------------|--------|
| Work in process                                                   |   |   | 2,095,963  |   |
| Building products                                                 |   |   | 4,692,327  |   |
| Fuel, gypsum and other materials                                  |   |   | 5,838,637  |   |
| Operating and maintenance supplies                                |   |   | 11,751,562 |   |
|           Total |   | $      | 30,043,900 |   |

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| ·   | Accounting and Disclosure Rules Impact; |
|--------------------|-----------------------------------------|

| ·   | Market Risks; |
|--------------------|---------------|

| ·   | Inflation; and |
|--------------------|----------------|

| ·   | Environmental Regulations. |
|--------------------|----------------------------|

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----

----

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| ·   | Report of Independent Registered Public Accounting Firm (BKD, llp--related to financial statements); |
|--------------------|------------------------------------------------------------------------------------------------------|

| ·   | Consolidated Balance Sheets--December 31, 2010 and 2009; |
|--------------------|----------------------------------------------------------|

| ·   | Consolidated Statements of Income--For the Years Ended December 31, 2010, 2009 and 2008; |
|--------------------|------------------------------------------------------------------------------------------|

| ·   | Consolidated Statements of Comprehensive Income--For the Years Ended December 31, 2010, 2009 and 2008; |
|--------------------|-------------------------------------------------------------------------------------------------------------|

| ·   | Consolidated Statements of Stockholders’ Equity and Noncontrolling Interests--For the Years Ended December 31, 2010, 2009 and 2008; |
|--------------------|-------------------------------------------------------------------------------------------------------------------------------------------|

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| ·   | Consolidated Statements of Cash Flows--For the Years Ended December 31, 2010, 2009 and 2008; and |
|--------------------|--------------------------------------------------------------------------------------------------|

| ·   | Notes to Consolidated Financial Statements--December 31, 2010, 2009 and 2008. |
|--------------------|-------------------------------------------------------------------------------|

| ·   | Management’s Report on Internal Control Over Financial Reporting; and |
|--------------------|-----------------------------------------------------------------------------|

| ·   | Report of Independent Registered Public Accounting Firm (BKD, llp--related to internal control over financial reporting). |
|--------------------|---------------------------------------------------------------------------------------------------------------------------|

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| ·   | Election of Directors; |
|--------------------|------------------------|

| ·   | Information Concerning Nominees for Election to Board of Directors and Directors Continuing in Office; |
|--------------------|--------------------------------------------------------------------------------------------------------|

| ·   | Specific Experience, Qualifications, Attributes and Skills of Our Directors and Nominees; |
|--------------------|-------------------------------------------------------------------------------------------|

| ·   | Information Concerning Executive Officers; |
|--------------------|--------------------------------------------|

| ·   | Section 16(a) Beneficial Ownership Reporting Compliance; |
|--------------------|----------------------------------------------------------|

| ·   | Nomination of Directors; |
|--------------------|--------------------------|

| ·   | Executive Compensation; and |
|--------------------|-----------------------------|

| ·   | Audit Committee Report. |
|--------------------|-------------------------|

| ·   | Executive Compensation; |
|--------------------|-------------------------|

| ·   | Defined Benefit Retirement Plan; |
|--------------------|----------------------------------|

| ·   | Severance Pay Plan; |
|--------------------|---------------------|

| ·   | Compensation Discussion and Analysis; |
|--------------------|---------------------------------------|

| ·   | Compensation Committee Report; |
|--------------------|--------------------------------|

| ·   | Compensation Committee Interlocks and Insider Participation; and |
|--------------------|------------------------------------------------------------------|

| ·   | Board Leadership Structure and Role in Risk Oversight. |
|--------------------|--------------------------------------------------------|

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| ·   | Security Ownership of Certain Beneficial Owners and Management. |
|--------------------|-----------------------------------------------------------------|

| ·   | Related Party Transactions; |
|--------------------|-----------------------------|

| ·   | Nomination of Directors; and |
|--------------------|------------------------------|

| ·   | Audit Committee Report. |
|--------------------|-------------------------|

| ·   | Independent Auditors. |
|--------------------|-----------------------|

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| ·   | Report of Independent Registered Public Accounting Firm (BKD, llp--related to financial statements); |
|--------------------|------------------------------------------------------------------------------------------------------|

| ·   | Consolidated Balance Sheets--December 31, 2010 and 2009; |
|--------------------|----------------------------------------------------------|

| ·   | Consolidated Statements of Income--For the Years Ended December 31, 2010, 2009 and 2008; |
|--------------------|------------------------------------------------------------------------------------------|

| ·   | Consolidated Statements of Comprehensive Income--For the Years Ended December 31, 2010, 2009 and 2008; |
|--------------------|-------------------------------------------------------------------------------------------------------------|

| ·   | Consolidated Statements of Stockholders’ Equity and Noncontrolling Interests--For the Years Ended December 31, 2010, 2009 and 2008; |
|--------------------|-------------------------------------------------------------------------------------------------------------------------------------------|

| ·   | Consolidated Statements of Cash Flows--For the Years Ended December 31, 2010, 2009 and 2008; and |
|--------------------|--------------------------------------------------------------------------------------------------|

| ·   | Notes to Consolidated Financial Statements--December 31, 2010, 2009 and 2008. |
|--------------------|-------------------------------------------------------------------------------|

|   | 3(i) | Articles of Incorporation.  (Filed with the Company’s Annual Report on Form 10-K for the year ended December 31, 1994 (File No. 0-2757) as Exhibit 3(i) and incorporated herein by reference.) |
|--------|------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | 3(ii) | By-laws.  (Filed with the Company’s Current Report on Form 8-K dated April 12, 2006 (File No. 0-2757) as Exhibit 3(ii) and incorporated herein by reference.) |
|--------|-------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | 10.1 | Loan agreement dated January 1, 2001, between the Bank of Oklahoma N.A. and The Monarch Cement Company. (Filed with the Company’s Current Report on Form 8-K dated May 14, 2010 (File No. 0-2757) as Exhibit 10.1 and incorporated herein by reference.) |
|--------|------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | 10.1(a) | First amendment to agreement dated January 1, 2001, between the Bank of Oklahoma N.A. and The Monarch Cement Company. (Filed with the Company’s Current Report on Form 8-K dated May 14, 2010 (File No. 0-2757) as Exhibit 10.1(a) and incorporated herein by reference.) |
|--------|---------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | 10.1(b) | Second amendment to agreement dated January 1, 2001, between the Bank of Oklahoma N.A. and The Monarch Cement Company as amended by first amendment dated December 31, 2002. (Filed with the Company’s Current Report on Form 8-K dated May 14, 2010 (File No. 0-2757) as Exhibit 10.1(b) and incorporated herein by reference.) |
|--------|---------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

|   | 10.1(c) | Third amendment to agreement dated January 1, 2001, between the Bank of Oklahoma N.A. and The Monarch Cement Company as amended by first amendment dated December 31, 2002 and second amendment dated December 31, 2003. (Filed with the Company’s Current Report on Form 8-K dated May 14, 2010 (File No. 0-2757) as Exhibit 10.1(c) and incorporated herein by reference.) |
|--------|---------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | 10.1(d) | Fourth amendment to agreement dated January 1, 2001, between the Bank of Oklahoma N.A. and The Monarch Cement Company as amended by first amendment dated December 31, 2002, second amendment dated December 31, 2003 and third amendment dated December 31, 2004. (Filed with the Company’s Current Report on Form 8-K dated May 14, 2010 (File No. 0-2757) as Exhibit 10.1(d) and incorporated herein by reference.) |
|--------|---------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | 10.1(e) | Fifth amendment to agreement dated January 1, 2001, between the Bank of Oklahoma N.A. and The Monarch Cement Company as amended by first amendment dated December 31, 2002, second amendment dated December 31, 2003, third amendment dated December 31, 2004 and fourth amendment dated January 1, 2006. (Filed with the Company’s Current Report on Form 8-K dated May 14, 2010 (File No. 0-2757) as Exhibit 10.1(e) and incorporated herein by reference.) |
|--------|---------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | 10.1(f) | Sixth amendment to agreement dated January 1, 2001, between the Bank of Oklahoma N.A. and The Monarch Cement Company as amended by first amendment dated December 31, 2002, second amendment dated December 31, 2003, third amendment dated December 31, 2004, fourth amendment dated January 1, 2006 and fifth amendment dated December 31, 2006. (Filed with the Company’s Current Report on Form 8-K dated May 14, 2010 (File No. 0-2757) as Exhibit 10.1(f) and incorporated herein by reference.)   |
|--------|---------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   |  10.1(g) | Seventh amendment to agreement dated January 1, 2001, between the Bank of Oklahoma N.A. and The Monarch Cement Company as amended by first amendment dated December 31, 2002, second amendment dated December 31, 2003, third amendment dated December 31, 2004, fourth amendment dated January 1, 2006, fifth amendment dated December 31, 2006, and sixth amendment dated December 31, 2007. (Filed with the Company’s Current Report on Form 8-K dated May 14, 2010 (File No. 0-2757) as Exhibit 10.1(g) and incorporated herein by reference.)  |
|--------|---------------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   |  10.1(h) | Eighth amendment to agreement dated January 1, 2001 between the Bank of Oklahoma, N.A. and The Monarch Cement Company as amended by first amendment dated December 31, 2002, second amendment dated December 31, 2003, third amendment dated December 31, 2004, fourth amendment dated January 1, 2006, fifth amendment dated December 31, 2006, sixth amendment dated December 31, 2007, and seventh amendment dated December 31, 2008. (Filed with the Company’s Current Report on Form 8-K dated May 14, 2010 (File No. 0-2757) as Exhibit 10.1(h) and incorporated herein by reference.)  |
|--------|---------------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

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|   | 10.1(i) | Ninth amendment to agreement dated January 1, 2001 between the Bank of Oklahoma, N.A. and The Monarch Cement Company as amended by first amendment dated December 31, 2002, second amendment dated December 31, 2003, third amendment dated December 31, 2004, fourth amendment dated January 1, 2006, fifth amendment dated December 31, 2006, sixth amendment dated December 31, 2007, seventh amendment dated December 31, 2008, and eighth amendment dated December 31, 2009. (Filed with the Company’s Current Report on Form 8-K dated January 5, 2011 (File No. 0-2757) as Exhibit 10.1(i) and incorporated herein by reference.)  |
|--------|---------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | 10.1(j) | The Commercial Pledge and Security Agreement related to agreement dated January 1, 2001 between the Bank of Oklahoma, N.A. and The Monarch Cement Company as amended by first amendment dated December 31, 2002, second amendment dated December 31, 2003, third amendment dated December 31, 2004, fourth amendment dated January 1, 2006, fifth amendment dated December 31, 2006, sixth amendment dated December 31, 2007, seventh amendment dated December 31, 2008, eighth amendment dated December 31, 2009 and ninth amendment dated December 31, 2010. (Filed with the Company’s Current Report on Form 8-K dated February 7, 2011 (File No. 0-2757) as Exhibit 10.1(j) and incorporated herein by reference.) |
|--------|---------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | 13 | 2010 Annual Report to Stockholders. |
|--------|----|-------------------------------------|

|   | 21 | Subsidiaries of the Registrant. |
|--------|----|---------------------------------|

|   | 31.1 | Certificate of the President and Chairman of the Board pursuant to Section 13a-14(a)/15d-14(a) of the Securities Exchange Act of 1934. |
|--------|------|----------------------------------------------------------------------------------------------------------------------------------------|

|   | 31.2 | Certificate of the Chief Financial Officer pursuant to Section 13a-14(a)/15d-14(a) of the Securities Exchange Act of 1934. |
|--------|------|----------------------------------------------------------------------------------------------------------------------------|

|   | 32.1 | 18 U.S.C. Section 1350 Certificate of the President and Chairman of the Board dated March 16, 2011. |
|--------|------|-----------------------------------------------------------------------------------------------------|

|   | 32.2 | 18 U.S.C. Section 1350 Certificate of the Chief Financial Officer dated March 16, 2011. |
|--------|------|-----------------------------------------------------------------------------------------|

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| By: /s/ Walter H. Wulf, Jr.                                                                                                                                                                                                                  |
|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|         Walter H. Wulf, Jr.                                                                                                                                                                                                                  |
|         President                                                                                                                                                                                                                            |
|                                                                                                                                                                                                                                                                            |
| Date:   March 16, 2011                                        |

| By:   /s/ Jack R. Callahan                            Jack R. Callahan          Director            | By:   /s/ Gayle C. McMillen                         Gayle C. McMillen          Director                                                                                                                                                                                                                                                                                                                             |
|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|                                                                                                                                                                                                                                                                                              |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    |
| Date:  March 16, 2011                                                                                                                                                     | Date:  March 16, 2011                                                                                                                                                                                                                                                                                                                                                                                                                                                           |
|                                                                                                                                                                                                                                                                                              |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    |
|                                                                                                                                                                                                                                                                                              |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    |
|                                                                                                                                                                                                                                                                                              |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    |
| By:   /s/ Ronald E. Callaway                       Ronald E. Callaway          Director                                 | By:   /s/ Byron K. Radcliff                          Byron K. Radcliff          Director                                                                                                                                                                                                                                                                                                                  |
|                                                                                                                                                                                                                                                                                              |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    |
| Date:  March 16, 2011                                                                                                                                                     | Date:  March 16, 2011                                                                                                                                                                                                                                                                                                                                                                                                                                                           |
|                                                                                                                                                                                                                                                                                              |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    |
|                                                                                                                                                                                                                                                                                              |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    |
|                                                                                                                                                                                                                                                                                              |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    |
| By:   /s/ David L. Deffner                           David L. Deffner          Director   | By:   /s/ Walter H. Wulf, Jr.                        Walter H. Wulf, Jr.          President, Chairman of the Board,          and Director          (principal executive officer)                                                                                                                                               |
|                                                                                                                                                                                                                                                                                              |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    |
| Date:  March 16, 2011                                                                                                                                                     | Date:  March 16, 2011                                                                                                                                                                                                                                                                                                                                                                                                                                                           |
|                                                                                                                                                                                                                                                                                              |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    |
|                                                                                                                                                                                                                                                                                              |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    |
|                                                                                                                                                                                                                                                                                              |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    |
| By:   /s/  Robert M. Kissick                        Robert M. Kissick          Director        | By:   /s/ Debra P. Roe                                Debra P. Roe, CPA          Chief Financial Officer and          Assistant Secretary-Treasurer          (principal financial officer and          principal accounting officer) |
|                                                                                                                                                                                                                                                                                              |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    |
| Date:  March 16, 2011                                                                                                                                                     | Date:  March 16, 2011                                                                                                                                                                                                                                                                                                                                                                                                                                                           |
|                                                                                                                                                                                                                                                                                              |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    |

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| THE MONARCH CEMENT COMPANY AND SUBSIDIARIES                                               |   |
|------------------------------------------------------------------------------------------------|--------|
|                                                                                           |   |
|                                                                                           |   |
|  SCHEDULE II ‑‑ VALUATION AND QUALIFYING ACCOUNTS                             |   |
|                                                                                           |   |
|  FOR THE THREE YEARS ENDED DECEMBER 31, 2010                                              |   |
|                                                                                           |   |
|                                                                                           |   |   |   |   |   |   |   |   |   |   |   |   |
|                                                                                           |   |   |   |   |   |   |   |   |   |   |   |   |
|                                                                                           |   |   |   |   | Additions |   |   |   |   |   |   |   |
|                                                                                           |   | Balance at |   |   | Charged to |   |   | Deduction |   |   | Balance |   |
|                                                                                           |   | Beginning |   |   | Costs and |   |   | from |   |   | at End |   |
|             Description            |   | of Period |   |   | Expenses |   |   | Reserves |   |   | of Period |   |
|                                                                                           |   |   |   |   |   |   |   |   | (1) |   |   |   |   |
| For the Year Ended December 31, 2010:                                                          |   |   |   |   |   |   |   |   |   |   |   |   |   |
|    Reserve for doubtful accounts                                                |   | $ | 911,000 |   |   | $ | 139,000 |   |   | $ | 343,000 |   |   | $ | 707,000 |   |
|                                                                                           |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|                                                                                           |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| For the Year Ended December 31, 2009:                                                          |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|    Reserve for doubtful accounts                                                |   | $ | 788,000 |   |   | $ | 214,000 |   |   | $ | 91,000 |   |   | $ | 911,000 |   |
|                                                                                           |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|                                                                                           |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| For the Year Ended December 31, 2008:                                                          |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|    Reserve for doubtful accounts                                                |   | $ | 640,000 |   |   | $ | 428,000 |   |   | $ | 280,000 |   |   | $ | 788,000 |   |
|                                                                                           |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|                                                                                           |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|                                                                                           |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| (1) Writeoff of uncollectible accounts, net of collections on accounts previously written off. |   |   |   |   |   |   |   |   |   |

----