Friday, August 18, 2017  
 
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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

LFG FIELD DAYS

Lester location test plot tour Tuesday August 22nd

Lester location silage dry down day Thursday August 24th

Edna location test plot tour & silage dry down day Wednesday August 30th



Lester/Edna Locations Grain & Feed Mill Receiving Hours:

Mon. - Fri.  8:00 am - 4:30 pm

Office Hours:
Mon. - Fri. 8:00 am - 5:00 pm




 Lester Location Extruded Meal & Oil Load Out Hours:

Mon. - Fri.  8:00 am - 4:30 pm

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

 


Feed YOUR own soybeans
just like you feed YOUR own corn!

“EXPRESS SOYBEAN MEAL”
(extruded expelled)


Improve YOUR ADG
Improve YOUR F/G
Improve YOUR death loss

Market more FULL VALUE pigs

Grain bank YOUR soybeans
Process YOUR own soybeans
Market YOUR soybeans every day
Commercial, Non GMO, Organic

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

What's New At LFG?


SALES TEAM

712-348-3637 
Reid Krull

712-470-0421 
Larry Van Roekel

712-470-7372 
Dustin Hoogendoorn

712-470-6426 
Neil Warner

712-470-7380 
Lance Van Roekel             


CROP PRODUCTION


If you have interest in flying your fields with our drone this year give us a call.

Neil is in the Lester area Monday, Wednesday, Friday and the Edna area Tuesday and Thursday's.



US Drought Monitor Link

ISU Crop Update Newsletter Link




SWINE PRODUCTION

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.  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




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 PRODUCTION & WHITETAIL TRUCKING



We distribute and deliver Syrup, Modified Distillers, Dry Distillers, Wet Cake, Fine Ground Corn, and Crack Corn.

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

The SENSE project is a partnership of the University of Nebraska-Lincoln Extension, the Nebraska Corn Board and Nebraska Natural Resource Districts, which focuses on crop canopy sensors directing variable-rate, in-season nitrogen application in corn. See DTN Ag News. =^Making SENSE of Crop Sensors...

Your canvas is more than just a mural of assets, spreadsheets and documents. See DTN Ag News. 7^Family Business Matters...

This invasive pest requires control nearly up until harvest, which makes it expensive and time consuming to manage. See DTN Ag News. BRaising a Stink...

The Renewable Fuel Standard has been positive for the U.S. economy, a new study from Iowa State University finds. See DTN Ag News. 1^Biofuels Under a Microscope...

There are more questions than answers regarding dicamba damage, which is complicating how growers head into seed-buying time. See DTN Ag News. BDicamba Estimates Escalate...


Headline News
Twin Attacks Hit Barcelona 08/18 06:23
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NKorea Military Action Still Option 08/18 06:17
Number of NKorea Nukes Hard to Estimate08/18 06:26
Search Area Expanded for Army Chopper 08/18 06:29
Pelosi: Remove Statues From Capitol 08/18 06:20
Gov Revamps Animal Cruelty Panel 08/18 06:25
Sporting Goods Retailers Sink Stocks 08/18 16:08

DTN Market News
Labor Contract Means Good News for Ag Container Shippers
DTN Early Word Grains 08/18 05:54
DTN Midday Grain Comments 08/18 11:50
DTN Closing Grain Comments 08/18 13:58
DTN Cattle Close/Trends 08/18 15:55
DTN Early Word Opening Livestock 08/18 05:58
DTN Midday Livestock Comments 08/18 11:54
DTN Closing Livestock Comment 08/18 16:42
DTN Chart Technical Points 08/18 16:30
DTN Feeder Pig Index


USDA Swine News

DTN Livestock News
DTN Cattle Close/Trends 08/18 15:55
DTN Early Word Opening Livestock 08/18 05:58
DTN Midday Livestock Comments 08/18 11:54
DTN Closing Livestock Comment 08/18 16:42
CME Feeder Cattle Index 08/18
Weekly Beef Export Sales 08/17 08:00
DTN Livestock Stats at a Glance
DTN Hog Close/Trends 08/18 15:15
Family Business Matters 08/18 10:38

DTN Dairy News
USDA CME Cash Cheese Exchange 08/18 12:00
USDA CME Nonfat Dry Milk Trade 08/18 12:05
USDA CME Butter Transactions 08/18 12:15
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
 August 2017  @C7U 352'0s
1'4
Chart @C7U 352'0s
1'4
Chart
 N/C 2017  @C7Z 365'6s
1'4
Chart @C7Z 365'6s
1'4
Chart
 January 2018  @C8H 377'6s
1'4
Chart @C8H 377'6s
1'4
Chart
 February 2018  @C8H 377'6s
1'4
Chart @C8H 377'6s
1'4
Chart
 March 2018  @C8K 384'0s
1'6
Chart @C8K 384'0s
1'6
Chart
 April 2018  @C8K 384'0s
1'6
Chart @C8K 384'0s
1'6
Chart
 May 2018  @C8N 390'0s
1'6
Chart @C8N 390'0s
1'6
Chart
 June 2018  @C8N 390'0s
1'6
Chart @C8N 390'0s
1'6
Chart
 July 2018  @C8N 390'0s
1'6
Chart @C8N 390'0s
1'6
Chart
 N/C 2018  @C8Z 402'0s
1'6
Chart @C8Z 402'0s
1'6
Chart

SOYBEANS
  Lester Edna
Cash Bid Symbol CBOT Change Basis Cash Bid Symbol CBOT Change Basis
 August 2017  @S7X 937'6s
4'6
Chart @S7X 937'6s
4'6
Chart
 FH Sept 2017  @S7X 937'6s
4'6
Chart @S7X 937'6s
4'6
Chart
 N/C 2017  @S7X 937'6s
4'6
Chart @S7X 937'6s
4'6
Chart
 January 2018  @S8H 953'6s
4'2
Chart @S8H 953'6s
4'2
Chart
 February 2018  @S8H 953'6s
4'2
Chart @S8H 953'6s
4'2
Chart
 March 2018  @S8K 960'6s
4'0
Chart @S8K 960'6s
4'0
Chart
 April 2018  @S8K 960'6s
4'0
Chart @S8K 960'6s
4'0
Chart
 May 2018  @S8N 966'6s
3'6
Chart @S8N 966'6s
3'6
Chart
 June 2018  @S8N 966'6s
3'6
Chart @S8N 966'6s
3'6
Chart
 July 2018  @S8N 966'6s
3'6
Chart @S8N 966'6s
3'6
Chart
 N/C 2018  @S8X 951'2s
1'0
Chart @S8X 951'2s
1'0
Chart

Click to view more Grain Bids

Dow Jones
 

DTN Videos
 04:41
8/18/2017 Grains Firm Friday
 01:28
8/18/2017 Grains Rally Friday
 03:50
8/18/2017 Better Forecast Rain Chance in W. Midwest Friday
 07:23
8/10/2017 NAFTA and Mexico: Interview w/ Martin Gonzalez
 04:11
8/9/2017 NAFTA and Mexico: Video Journal Day 2

DTN Closing Corn Comments
Darin Newsom
Darin Newsom
DTN Sr Analyst
December corn closed up 1 1/2 cents Friday, but was still down 9 cents on the week, with ongoing bearish pressure from the anticipation of a sizeable, although smaller corn harvest in 2017. Friday's weather map showed scattered showers across North Dakota and southern Minnesota, but most of the Corn Belt is expected to be dry over the weekend. Early next week, moderate rain amounts are anticipated from Iowa to Ontario and the interest for corn prices will be to see if Iowa's drier areas are included. The good news for crops is that temperatures remain mild across the Midwest and Thursday's forecast from the Climate Prediction Center does not expect early freeze to be an issue this fall. USDA's August estimate of a 14.15 billion bushel harvest this fall seems high given this year's weather challenges, but 13.6 to 13.8 bb is possible and is still a lot of corn when added to 2.37 bb of old-crop carryover. Even if this year's corn crop does come in lower than expected, cash corn prices are not likely to show much benefit until after seasonal lows are made, typically around October. In the meantime, December corn remains under bearish pressure, near its lowest prices in 2017. DTN's National Corn Index closed at $3.12 Thursday, priced 38 cents below the September contract and at a new 2017 low. In outside markets, the September U.S. dollar index is down 0.15, still near its lowest prices in over two years with a rate hike possible at the Fed's Sept. 20 meeting.
  As of 2:33 PM on Aug 18, 2017

Futures
@C - CORN - CBOT
Month Open High Low Last Change Close Time More
Sep 17 350'0 352'4 349'6 351'2 1'4 352'0s 03:36P Chart for @C7U Options for @C7U
Dec 17 364'0 366'2 363'4 365'0 1'4 365'6s 03:36P Chart for @C7Z Options for @C7Z
Mar 18 375'6 378'0 375'4 377'0 1'4 377'6s 03:03P Chart for @C8H Options for @C8H
May 18 383'2 384'2 381'4 383'4 1'6 384'0s 03:04P Chart for @C8K Options for @C8K
Jul 18 388'0 390'0 387'4 389'2 1'6 390'0s 01:30P Chart for @C8N Options for @C8N
Sep 18 393'4 395'0 392'4 394'4 1'2 394'6s 03:05P Chart for @C8U Options for @C8U
Dec 18 400'0 402'0 399'4 401'6 1'6 402'0s 03:06P Chart for @C8Z Options for @C8Z
Mar 19 408'4 410'0 408'4 410'0 1'2 410'0s 01:30P Chart for @C9H Options for @C9H
May 19 413'4 1'2 414'6s 01:30P Chart for @C9K Options for @C9K
Jul 19 417'4 417'4 417'4 417'4 1'6 419'4s 01:20P Chart for @C9N Options for @C9N
Sep 19 414'2 -0'2 411'0s 01:20P Chart for @C9U Options for @C9U
Dec 19 409'4 410'6 409'0 410'0 0'2 410'6s 01:20P Chart for @C9Z Options for @C9Z
@S - SOYBEANS - CBOT
Month Open High Low Last Change Close Time More
Sep 17 929'6 939'0 927'6 937'4 7'2 937'4s 03:48P Chart for @S7U Options for @S7U
Nov 17 932'6 939'0 929'4 938'0 4'6 937'6s 03:59P Chart for @S7X Options for @S7X
Jan 18 940'4 946'4 937'4 945'6 4'4 945'6s 01:30P Chart for @S8F Options for @S8F
Mar 18 949'4 954'2 945'4 953'6 4'2 953'6s 01:30P Chart for @S8H Options for @S8H
May 18 956'4 961'2 953'0 960'6 4'0 960'6s 01:30P Chart for @S8K Options for @S8K
Jul 18 963'0 967'4 959'6 967'4 3'6 966'6s 01:30P Chart for @S8N Options for @S8N
Aug 18 962'0 966'2 962'0 965'4 3'4 967'2s 01:30P Chart for @S8Q Options for @S8Q
Sep 18 958'2 958'2 958'2 958'2 2'4 958'6s 01:30P Chart for @S8U Options for @S8U
Nov 18 952'6 954'4 947'2 951'6 1'0 951'2s 01:30P Chart for @S8X Options for @S8X
@SM - SOYBEAN MEAL - CBOT
Month Open High Low Last Change Close Time More
Sep 17 2962 2976 2946 2969 11 2972s 03:59P Chart for @SM7U Options for @SM7U
Oct 17 2980 2992 2962 2985 10 2987s 03:10P Chart for @SM7V Options for @SM7V
Dec 17 3002 3016 2984 3003 5 3005s 03:40P Chart for @SM7Z Options for @SM7Z
Jan 18 3014 3026 2995 3013 3 3015s 03:41P Chart for @SM8F Options for @SM8F
Mar 18 3039 3049 3018 3034 2 3038s 04:16P Chart for @SM8H Options for @SM8H
May 18 3059 3066 3039 3053 - 2 3055s 02:44P Chart for @SM8K Options for @SM8K
Jul 18 3091 3092 3065 3074 - 4 3075s 02:45P Chart for @SM8N Options for @SM8N
Aug 18 3093 3093 3073 3080 - 6 3080s 02:45P Chart for @SM8Q Options for @SM8Q
Sep 18 3096 3097 3075 3089 - 6 3081s 02:45P Chart for @SM8U Options for @SM8U
@BO - SOYBEAN OIL - CBOT
Month Open High Low Last Change Close Time More
Sep 17 33.19 33.81 33.13 33.73 0.40 33.61s 03:59P Chart for @BO7U Options for @BO7U
Oct 17 33.32 33.94 33.25 33.84 0.40 33.74s 04:02P Chart for @BO7V Options for @BO7V
Dec 17 33.55 34.15 33.46 34.08 0.42 33.97s 04:02P Chart for @BO7Z Options for @BO7Z
@HE - LEAN HOGS - CME
Month Open High Low Last Change Close Time More
Oct 17 66.500 66.800 65.425 65.950 -0.800 66.125s 01:05P Chart for @HE7V Options for @HE7V
Dec 17 61.600 61.625 60.475 61.150 -0.475 61.325s 04:10P Chart for @HE7Z Options for @HE7Z
Feb 18 65.950 66.075 65.175 65.825 -0.300 66.000s 01:05P Chart for @HE8G Options for @HE8G
Apr 18 69.325 69.575 68.825 69.325 -0.250 69.475s 04:10P Chart for @HE8J Options for @HE8J
May 18 74.100 74.275 73.900 74.200 -0.100 74.200s 04:10P Chart for @HE8K Options for @HE8K
Jun 18 77.350 77.700 77.175 77.625 0.025 77.700s 04:10P Chart for @HE8M Options for @HE8M
Jul 18 77.200 77.425 76.925 77.250 0.150 77.350s 04:10P Chart for @HE8N Options for @HE8N
Aug 18 75.825 76.275 75.825 76.275 0.175 76.275s 01:05P Chart for @HE8Q Options for @HE8Q
Oct 18 64.900 64.900 64.900 64.900 0.250 64.900s 01:05P Chart for @HE8V Options for @HE8V
Dec 18 60.400 60.400 60.400 60.400 0.400 60.400s 01:05P Chart for @HE8Z Options for @HE8Z
Feb 19 61.125 0.825 61.125s 04:10P Chart for @HE9G Options for @HE9G
@LE - LIVE CATTLE - CME
Month Open High Low Last Change Close Time More
Aug 17 106.975 107.450 105.750 106.625 - 0.750 106.375s 04:10P Chart for @LE7Q Options for @LE7Q
Oct 17 105.925 106.850 104.750 105.975 - 0.325 105.900s 01:05P Chart for @LE7V Options for @LE7V
Dec 17 108.025 108.625 106.725 107.750 - 0.425 107.850s 04:10P Chart for @LE7Z Options for @LE7Z
Feb 18 110.425 111.250 109.475 110.525 0.075 110.675s 01:05P Chart for @LE8G Options for @LE8G
Apr 18 111.175 111.900 110.350 111.225 111.325s 04:10P Chart for @LE8J Options for @LE8J
Jun 18 105.625 106.425 104.800 105.600 0.125 105.825s 04:10P Chart for @LE8M Options for @LE8M
Aug 18 103.775 104.650 103.300 104.175 0.075 104.225s 04:10P Chart for @LE8Q Options for @LE8Q
Oct 18 104.950 106.075 104.700 105.700 0.500 105.750s 04:10P Chart for @LE8V Options for @LE8V
Dec 18 106.500 106.500 106.500 106.500 0.425 106.500s 04:10P Chart for @LE8Z Options for @LE8Z
@GF - FEEDER CATTLE - CME
Month Open High Low Last Change Close Time More
Aug 17 140.500 141.775 139.150 140.375 0.025 140.500s 01:05P Chart for @GF7Q Options for @GF7Q
Sep 17 140.675 141.775 139.025 139.975 - 0.700 140.025s 04:08P Chart for @GF7U Options for @GF7U
Oct 17 140.450 141.425 138.750 139.875 - 0.550 139.925s 01:05P Chart for @GF7V Options for @GF7V
Nov 17 140.800 141.725 139.125 140.575 - 0.025 140.725s 01:05P Chart for @GF7X Options for @GF7X
Jan 18 137.550 138.775 136.100 137.850 0.175 137.850s 01:05P Chart for @GF8F Options for @GF8F
Mar 18 135.200 136.750 133.975 135.850 0.550 135.825s 04:08P Chart for @GF8H Options for @GF8H
Apr 18 134.525 137.650 134.525 137.025 1.575 137.025s 04:08P Chart for @GF8J Options for @GF8J
May 18 134.100 138.000 134.100 137.125 1.675 136.850s 01:05P Chart for @GF8K Options for @GF8K
@DA - MILK CLASS III - CME
Month Open High Low Last Change Close Time More
Aug 17 16.52 16.53 16.50 16.51 0.01 16.51s 04:00P Chart for @DA7Q Options for @DA7Q
Sep 17 17.06 17.25 16.99 17.12 0.04 17.19s 04:00P Chart for @DA7U Options for @DA7U
Oct 17 17.09 17.22 16.99 17.02 -0.05 17.11s 04:04P Chart for @DA7V Options for @DA7V
My Custom Markets
Symbol Open High Low Last Change Close Time More

   

This Day In History
August 18, 1572
King Navarra Henri de Bourbon marries Margaretha van Valois

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