Tuesday, December 6, 2016  
 
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Welcome !

     

     We are an independently owned and operated elevator, soybean processing plant, and trucking company.  We have served the tri-state area for over 40 years!  Our commitment to service our customers with the highest quality products and customer service is second to none!  Thanks for choosing Lester Feed & Grain.

Lester Location 712-478-4440                          Edna Location 712-472-2869


Bulletin Board


Lester/Edna Locations Grain & Feed Mill Receiving Hours:

Mon. - Fri.     8:00 a.m. - 4:30 p.m.




 Lester Location Extruded Meal & Oil Load Out Hours:

Mon. - Fri.     8:00 a.m. - 4:30 p.m.

Call the plant ahead to accomodate possible after hours loading
712-478-4410

 


 

Local Radar
Lester, IA
Chg Zip Code: 
 
Radar
View complete Local Weather

What's New At LFG?


AGRONOMY

Neil's cell 712-470-6426

Seed orders can now be taken for Agri-Gold, Stine, Dekalb & Asgrow

CASH DISCOUNTS END SOON !

Give me a call for all you lime needs.

US Drought Monitor Link

ISU Crop Update Newsletter Link



SWINE NUTRITION

Larry's cell 712-470-0421



Let us show you how you can get the average price for the year and process 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.



GRAIN MARKETING

Dustin's cell 712-470-7372




Check out our "Grain Profit Grid" tab in blue over on the left hand side of the page.


Click Here For The Farmer's Corner Newsletter Link



BEEF NUTRITION & WHITETAIL TRUCKING

Lance's cell 712-470-7380



Products for sale as of December 1, 2016
(Delivered Lester / Edna area)

$21.00      32%     Syrup
$54.00      47%     Modified Distillers
$105.00    90%     Dry Distillers
$38.00      32%     Wet Cake

We also deliever roller milled fine ground corn and crack corn, call for pricing

As well as the above listed products we also offer custom hauling of grain, soybean meal, fertilizer, wood chips, etc.

We can evaluate your feeding operation and make valuable reccomendations along with additional feeding options, give us a call.


ISU Field & Feedlot Newsletter Link


DTN Top Stories

DTN/The Progressive Farmer announced its 2016 Best Young Farmers and Ranchers Program honorees at the Ag Summit in Chicago Tuesday. See . FBest Young Farmers, Ranchers...

A pair of top loan officers from AgStar Financial Services and Rabo AgriFinance teamed up to offer some insights for farmers at the DTN/The Progressive Farmer Ag Summit in Chicago. The loan officers said farmer producers need to move forward understanding they are likely in a prolonged cycle of lower prices. See DTN Ag News. BManaging the Cycle...

Tom Scott, CEO of Informa Economics, spoke Monday at the DTN/The Progressive Farmer Ag Summit in Chicago about overall economic trends in the U.S. and some concerns over the horizon with China as a major trading partner for agriculture. See DTN Ag News. :^Eyes on Economic Trends...

Buy low, sell high is only good advice if we know how to define it. See DTN Ag News. BTodd's Take...

A growing world population and less arable land are leading to more potash being used to help produce more food. See DTN Ag News. 4^Global Fertilizer Outlook - 3...


Headline News
Stopgap Spending Bill to be Unveiled 12/06 06:25
Trump Signals Tougher China Policy 12/06 06:32
Obama to Meet With Special Ops Forces 12/06 06:21
Iraq Troops Enter New IS-Held Area 12/06 06:28
Iran Pres: Trump Can't Harm Nuke Deal 12/06 06:31
Merkel Seeks New Term 12/06 06:24
SKorean Leader to Accept Impeachment 12/06 06:27
Stocks Mixed at Midday 12/06 12:41

DTN Market News
STB Makes Final Decision on Weekly Rail Service Reports
DTN Early Word Grains 12/06 05:58
DTN Midday Grain Comments 12/06 12:16
DTN Closing Grain Comments 12/06 14:05
DTN Cattle Prices/Trends 12/06 13:50
DTN Early Word Opening Livestock 12/06 06:04
DTN Midday Livestock Comments 12/06 11:57
DTN Closing Livestock Comment 12/05 16:09
DTN Chart Technical Points 12/05 16:30
DTN Feeder Pig Index


USDA Swine News

DTN Livestock News
DTN Cattle Prices/Trends 12/06 13:50
DTN Early Word Opening Livestock 12/06 06:04
DTN Midday Livestock Comments 12/06 11:57
DTN Closing Livestock Comment 12/05 16:09
CME Feeder Cattle Index 12/06
Weekly Beef Export Sales 12/01 07:55
DTN Livestock Stats at a Glance
DTN Hog Close/Trends 12/06 15:10
Family Business Matters 10/20 11:46

DTN Dairy News
USDA CME Cash Cheese Exchange 12/06 11:35
USDA CME Nonfat Dry Milk Trade 12/06 11:35
USDA CME Butter Transactions 12/06 11:35
USDA CME Butter Transactions Recap 04/19 11:45
USDA Cheese Highlights 05/21 12:37


Lester Location

Edna Location

Local Cash Bids
 
CORN
  Lester Edna
Cash Bid Symbol CBOT Change Basis Cash Bid Symbol CBOT Change Basis
 December 2016  @C7H 360'4s
1'2
Chart @C7H 360'4s
1'2
Chart
 January 2017  @C7H 360'4s
1'2
Chart @C7H 360'4s
1'2
Chart
 February 2017  @C7H 360'4s
1'2
Chart @C7H 360'4s
1'2
Chart
 March 2017  @C7K 367'2s
1'0
Chart @C7K 367'2s
1'0
Chart
 April 2017  @C7K 367'2s
1'0
Chart @C7K 367'2s
1'0
Chart
 May 2017  @C7N 374'2s
0'6
Chart @C7N 374'2s
0'6
Chart
 June 2017  @C7N 374'2s
0'6
Chart @C7N 374'2s
0'6
Chart
 July 2017  @C7N 374'2s
0'6
Chart @C7U 381'0s
0'2
Chart
 N/C 2017  @C7Z 389'4s
0'2
Chart @C7Z 389'4s
0'2
Chart

SOYBEANS
  Lester Edna
Cash Bid Symbol CBOT Change Basis Cash Bid Symbol CBOT Change Basis
 December 2016  @S7F 1047'6s
4'2
Chart @S7F 1047'6s
4'2
Chart
 January 2017  @S7H 1057'6s
4'4
Chart @S7H 1057'6s
4'4
Chart
 February 2017  @S7H 1057'6s
4'4
Chart @S7H 1057'6s
4'4
Chart
 March 2017  @S7K 1064'6s
5'0
Chart @S7K 1064'6s
5'0
Chart
 April 2017  @S7K 1064'6s
5'0
Chart @S7K 1064'6s
5'0
Chart
 May 2017  @S7N 1069'6s
5'2
Chart @S7N 1069'6s
5'2
Chart
 June 2017  @S7N 1069'6s
5'2
Chart @S7N 1069'6s
5'2
Chart
 July 2017  @S7N 1069'6s
5'2
Chart @S7N 1069'6s
5'2
Chart
 N/C 2017  @S7X 1027'4s
3'0
Chart @S7X 1027'4s
3'0
Chart

Click to view more Grain Bids

Dow Jones
 

DTN Videos
 03:19
12/6/2016 Colder For Plains, Midwest
 01:29
12/6/2016  Active Demand For Row Crops
 03:20
2016 Ag Summit 
 00:45
2016 Ag Summit 
 02:53
12/2/2016 Winter Weather Outlook

DTN Closing Corn Comments
Darin Newsom
Darin Newsom
DTN Sr Analyst
March corn closed up 1 1/4 cents, helped by USDA's report that South Korea bought 10.9 million bushels (276,000 metric tons) of U.S. corn for 2016-17. USDA later followed with news that U.S. exports of ethanol totaled 131.6 million gallons in October, up 88% from a year ago and the biggest monthly total in five years, thanks to Brazil and Canada. No matter how you look at it, demand for corn has been bullish this season and is helping to keep prices sideways after this fall's record harvest. Another bullish clue is also coming from December corn where 7,837 contracts were still open early Tuesday and there have been no deliveries yet. December grain contracts are set to expire on Dec. 14 and any shorts not owning corn may soon find themselves in a bind trying to cover their positions. March corn has shaken off last week's attempt at a new low and continues to trade sideways with support from this season's higher exports. DTN's National Corn Index closed at $3.16 Monday, priced 43 cents below the March contract and at its highest price in four months. In outside markets, the U.S. dollar index is up 0.42, recapturing much of Monday's loss.
  As of 2:37 PM on Dec 6, 2016

Futures
@C - CORN - CBOT
Month Open High Low Last Change Close Time More
Dec 16 348'2 354'0 348'2 350'2 1'4 351'0s 01:30P Chart for @C6Z Options for @C6Z
Mar 17 358'0 364'0 357'4 359'0 1'2 360'4s 03:31P Chart for @C7H Options for @C7H
May 17 364'6 370'4 364'2 366'2 1'0 367'2s 02:49P Chart for @C7K Options for @C7K
Jul 17 372'0 377'6 371'4 373'2 0'6 374'2s 03:02P Chart for @C7N Options for @C7N
Sep 17 379'0 384'4 379'0 380'0 0'2 381'0s 01:30P Chart for @C7U Options for @C7U
Dec 17 387'4 393'0 387'4 388'2 0'2 389'4s 03:08P Chart for @C7Z Options for @C7Z
Mar 18 395'2 401'0 395'2 397'0 0'2 397'6s 03:11P Chart for @C8H Options for @C8H
May 18 403'4 406'0 402'6 402'6 0'4 403'2s 01:20P Chart for @C8K Options for @C8K
Jul 18 407'0 410'4 407'0 409'2 0'2 407'6s 01:20P Chart for @C8N Options for @C8N
Sep 18 402'4 402'4 402'4 402'4 0'6 403'4s 01:30P Chart for @C8U Options for @C8U
Dec 18 403'6 407'6 403'0 405'0 0'4 405'4s 02:43P Chart for @C8Z Options for @C8Z
Jul 19 419'2 419'2 419'2 419'2 0'4 420'6s 01:20P Chart for @C9N Options for @C9N
Dec 19 408'6 408'6 406'4 408'6 -0'4 408'2s 01:20P Chart for @C9Z Options for @C9Z
@S - SOYBEANS - CBOT
Month Open High Low Last Change Close Time More
Jan 17 1042'4 1061'6 1039'0 1047'4 4'2 1047'6s 03:19P Chart for @S7F Options for @S7F
Mar 17 1052'4 1071'2 1048'4 1057'2 4'4 1057'6s 03:01P Chart for @S7H Options for @S7H
May 17 1058'6 1077'4 1056'2 1064'2 5'0 1064'6s 03:12P Chart for @S7K Options for @S7K
Jul 17 1063'2 1082'0 1060'4 1069'0 5'2 1069'6s 02:35P Chart for @S7N Options for @S7N
Aug 17 1064'2 1077'0 1064'2 1064'6 5'0 1065'4s 01:30P Chart for @S7Q Options for @S7Q
Sep 17 1044'2 1055'0 1044'2 1046'2 4'2 1045'0s 01:30P Chart for @S7U Options for @S7U
Nov 17 1023'2 1038'2 1021'2 1027'2 3'0 1027'4s 03:26P Chart for @S7X Options for @S7X
Jan 18 1023'0 1037'4 1023'0 1031'2 3'0 1027'4s 02:39P Chart for @S8F Options for @S8F
Mar 18 1014'0 1028'0 1014'0 1019'6 2'6 1019'4s 01:30P Chart for @S8H Options for @S8H
@SM - SOYBEAN MEAL - CBOT
Month Open High Low Last Change Close Time More
Dec 16 3188 3259 3185 3202 25 3202s 01:30P Chart for @SM6Z Options for @SM6Z
Jan 17 3188 3280 3181 3219 24 3219s 03:19P Chart for @SM7F Options for @SM7F
Mar 17 3211 3309 3211 3247 26 3251s 01:30P Chart for @SM7H Options for @SM7H
May 17 3236 3324 3235 3263 24 3267s 01:30P Chart for @SM7K Options for @SM7K
Jul 17 3259 3340 3252 3279 23 3284s 01:20P Chart for @SM7N Options for @SM7N
Aug 17 3258 3326 3253 3268 23 3271s 01:30P Chart for @SM7Q Options for @SM7Q
Sep 17 3255 3292 3222 3251 20 3242s 01:20P Chart for @SM7U Options for @SM7U
Oct 17 3190 3249 3182 3194 16 3200s 01:20P Chart for @SM7V Options for @SM7V
Dec 17 3188 3245 3183 3193 18 3197s 01:30P Chart for @SM7Z Options for @SM7Z
@BO - SOYBEAN OIL - CBOT
Month Open High Low Last Change Close Time More
Dec 16 37.35 37.94 37.35 37.63 0.13 37.62s 01:30P Chart for @BO6Z Options for @BO6Z
Jan 17 37.69 38.28 37.52 37.78 0.15 37.82s 02:45P Chart for @BO7F Options for @BO7F
Mar 17 37.90 38.54 37.78 38.05 0.16 38.10s 03:19P Chart for @BO7H Options for @BO7H
@HE - LEAN HOGS - CME
Month Open High Low Last Change Close Time More
Dec 16 52.250 54.075 52.000 53.450 1.875 53.375s 01:05P Chart for @HE6Z Options for @HE6Z
Feb 17 55.350 57.725 55.025 57.450 2.675 57.475s 03:12P Chart for @HE7G Options for @HE7G
Apr 17 61.575 63.950 61.425 63.500 2.500 63.625s 03:12P Chart for @HE7J Options for @HE7J
May 17 69.100 70.950 69.100 70.375 1.825 70.400s 01:05P Chart for @HE7K Options for @HE7K
Jun 17 72.950 75.150 72.775 74.700 2.025 74.725s 01:05P Chart for @HE7M Options for @HE7M
Jul 17 73.800 75.250 73.575 74.825 1.600 75.075s 01:05P Chart for @HE7N Options for @HE7N
Aug 17 74.350 75.250 73.950 74.900 0.775 74.975s 01:05P Chart for @HE7Q Options for @HE7Q
Oct 17 63.300 63.825 63.300 63.575 0.600 63.700s 01:05P Chart for @HE7V Options for @HE7V
Dec 17 59.125 59.275 59.075 59.075 0.600 59.075s 01:05P Chart for @HE7Z Options for @HE7Z
Feb 18 62.350 62.550 62.350 62.550 0.400 62.400s 01:05P Chart for @HE8G Options for @HE8G
Apr 18 64.800 0.400 65.775s 01:05P Chart for @HE8J Options for @HE8J
@LE - LIVE CATTLE - CME
Month Open High Low Last Change Close Time More
Dec 16 108.400 109.900 107.275 109.625 2.025 109.850s 01:05P Chart for @LE6Z Options for @LE6Z
Feb 17 109.700 111.300 108.350 110.775 2.075 111.050s 02:57P Chart for @LE7G Options for @LE7G
Apr 17 109.500 111.275 108.400 110.775 2.050 111.025s 02:30P Chart for @LE7J Options for @LE7J
Jun 17 100.875 102.375 100.025 101.775 1.450 102.000s 01:05P Chart for @LE7M Options for @LE7M
Aug 17 97.650 99.000 96.900 98.400 1.250 98.700s 01:05P Chart for @LE7Q Options for @LE7Q
Oct 17 98.100 99.500 97.600 98.875 1.150 99.200s 01:05P Chart for @LE7V Options for @LE7V
Dec 17 98.250 99.700 97.825 99.050 1.275 99.425s 01:05P Chart for @LE7Z Options for @LE7Z
Feb 18 98.050 99.350 97.675 98.950 1.425 99.325s 01:05P Chart for @LE8G Options for @LE8G
@GF - FEEDER CATTLE - CME
Month Open High Low Last Change Close Time More
Jan 17 124.700 127.425 122.925 126.550 2.525 126.850s 01:05P Chart for @GF7F Options for @GF7F
Mar 17 121.725 124.200 120.000 123.400 2.400 123.775s 01:05P Chart for @GF7H Options for @GF7H
Apr 17 121.150 123.825 119.750 123.100 2.375 123.450s 01:05P Chart for @GF7J Options for @GF7J
May 17 120.400 122.750 118.975 122.325 2.400 122.675s 01:05P Chart for @GF7K Options for @GF7K
Aug 17 121.075 123.425 119.550 122.750 2.450 123.250s 01:05P Chart for @GF7Q Options for @GF7Q
Sep 17 119.200 121.525 118.600 121.525 2.325 121.525s 01:05P Chart for @GF7U Options for @GF7U
Oct 17 119.500 120.000 119.500 120.000 2.100 120.000s 01:05P Chart for @GF7V Options for @GF7V
Nov 17 115.800 118.500 115.800 118.500 2.150 118.650s 01:05P Chart for @GF7X Options for @GF7X
@DA - MILK CLASS III - CME
Month Open High Low Last Change Close Time More
Dec 16 17.02 17.05 16.95 16.99 -0.04 16.98 01:59P Chart for @DA6Z Options for @DA6Z
Jan 17 16.61 16.74 16.50 16.55 -0.20 16.58 03:29P Chart for @DA7F Options for @DA7F
Feb 17 16.68 16.85 16.60 16.66 -0.17 16.71 03:20P Chart for @DA7G Options for @DA7G
My Custom Markets
Symbol Open High Low Last Change Close Time More

   

This Day In History
December 6, 1963
Test Cricket debut of Graeme Pollock at the Gabba

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