We are an independently owned and operated elevator, soybean processing plant, and trucking company. We have served the tri-state area for over 40years! Our commitment to service our customers with the highest quality products and customer service is second to none! Thanks for choosing Lester Feed & Grain.
We are activley looking for new barns to be built in 2017, give me call for details.
Let us show you how you can get the average price for the year andprocess your own soybeans into "EXPRESS SOYBEAN MEAL", Our mechanical process of extrusion is superior to conventional solvent extracted soybean meal due to the process in which it is manufactured gives it a higher nutrient availability to a simple stomach. This value allows you to feed what you already raise in the same manner you feed your own corn today!2-4% increase in both feed efficiency (8-16 lbs. of feed per pig) and improved rate of gain (5-8 lbs. heavier pig in the same amount of days!) along with ease of grain marketing can add value and additional savings to your feeding operation.
Since the official opening of the expanded Panama Canal three months
ago, more than 200 transits have taken advantage of the new third lane. While
none of them have carried soybeans or grain, already Panama Canal Waters Time
for dry bulk carriers is lower, adding to the favorable transportation
environment that will meet the record-large 2016 grain crop.
See DTN Ag News. BKub's Den...
Potash and urea have already slid past bottoms not seen since 2008.
See . FDTN Retail Fertilizer Trends...
The Southern corn disease reached Illinois and Indiana earlier than
ever this year and will likely result in lower-than-expected yields. Growers
should brace for increased infestations in the future.
See DTN Ag News. BRust on the Rise...
Back-to-back years near or below break-even could set stage for land
sales and downsizings for grain borrowers in 2017.
See DTN Ag News. BBloated Expenses Cut Profits...
A federal court Monday created a nationwide class of farmers who can
be part of a class action lawsuit against Syngenta for Viptera corn shipped to
China.
See DTN Ag News. 7^Court Sets GMO Class...
December corn closed 2 1/2 cents lower in spite of Wednesday's large corn
export sale. At 8 a.m. CDT, USDA said Mexico bought 40.8 million bushels
(1,036,320 mt) of U.S. corn for 2016-17 and another 21.3 million bushels
(541,020 mt) for 2017-18. Combined, it was the fourth largest corn export sale
since 1977, made possible by this year's lack of competing supplies in Brazil.
The U.S. Energy Information Administration said last week's ethanol production
inched up from 981,000 to 989,000 barrels per day while inventory increased
from 20.0 million to 20.6 million barrels. It is a little early yet for
inventory to stop declining so Wednesday's report is slightly bearish for corn.
Of course, the larger concern is the expectation of nearly 15 billion bushels
of new supplies this fall and that is keeping a bearish lid on December corn
prices. DTN's National Corn Index closed at $2.90 Tuesday, priced 42 cents
below the December contract and up from its lowest price in seven years. In
outside markets, November crude oil traded up $2.03 after unconfirmed reports
that OPEC agreed to limit production at Wednesday's meeting in Algiers.
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