Wednesday, January 17, 2018  
 
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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 41 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 am - 4:00 pm

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




 Lester Location Extruded Meal & Oil Load Out Hours:

Mon. - Fri.  8:00 am - 4:00 pm

Call ahead to accomodate possible after hours loading

 



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

“EXPRESS SOYBEAN MEAL”
(extruded expelled)


Produce YOUR own soybean meal
at the cost of production!

* Lower F/G
* Higher ADG
* Lower Cull Rates
* Lower Death Loss
* Higher % Sold As Tops
* Grain Bank Your 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

Reid Krull
Beef & Seed 
712-348-3637

Larry Van Roekel
Swine & Extruded Meal 
712-470-0421
 
Dustin Hoogendoorn
Commodities Merchant
712-470-7372 

Neil Warner
Seed & Crop Insurance
712-470-6426
 
Marlin Van Meeteren
Dispatching & Bi Products
605-261-6056     

Lance Boer
Extruded Meal & Oil
605-214-6078        


CROP PRODUCTION



Click Here For Test Plot Data

Click Here For Corn Hybrid Comparisons

Click Here For Soybean Variety Comparisons


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 & BI PRODUCTS

Delivered to the Lester / Edna area 1-16-18

$142.00          Dry Distillers
$79.00            Modified Distillers
$57.00            Wet Cake
$30.00            Syrup




We also distribute and deliver 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

As the U.S. Commerce Department ponders tariffs on Chinese steel and aluminum, China is already shunning U.S. soybean purchases. See DTN Ag News. BTodd's Take...

Representatives from more than 30 organizations were scheduled to meet in Washington, D.C., on Tuesday for the steering committee for the North America Climate Smart Agriculture Alliance. The organizational meeting seeks to keep U.S. agriculture engaged as the United Nations works more aggressively on agriculture and climate change. See DTN Ag News. BDeveloping Climate-Smart Ag...

An extensive study attempts to provide insight into how farmers can benefit from growing biomass crops. See DTN Ag News. BGrowing Biomass...

Cattle producers take extra effort to protect their herds from cold weather, as well as maintain carcass weight in feedlot cattle. See DTN Ag News. 4^Bitter Cold Affects Livestock...

Leaders from USDA, as well as the National Grain and Feed Association and National Council of Farmer Cooperatives, all seek changes to a new Section 199A tax break that would prompt farmers to market more heavily to farmer cooperatives than private ag commodity buyers. See . FLobbies Seek Ag Tax Change ...


Headline News
Big Decisions Await Congress 01/16 06:25
Russia, US Min. Expected at UN Meetings01/16 06:32
House Panel to Interview Bannon 01/16 06:21
Kids Chained in CA House of Horrors 01/16 06:28
Palestinians Brace for Trump Aid Cuts 01/16 06:31
EU Chief Urges Britain Against Brexit 01/16 06:24
French Prison Guards, Police Clash 01/16 06:27
Dow Industrials Recede From 26,000 01/16 16:11

DTN Market News
DDG Prices Climb Higher
DTN Early Word Grains 01/16 05:57
DTN Midday Grain Comments 01/16 11:25
DTN Closing Grain Comments 01/16 13:43
DTN Cattle Close/Trends 01/16 15:40
DTN Early Word Opening Livestock 01/16 05:57
DTN Midday Livestock Comments 01/16 12:19
DTN Closing Livestock Comment 01/16 16:28
DTN Chart Technical Points 01/16 16:30
DTN Feeder Pig Index


USDA Swine News

DTN Livestock News
DTN Cattle Close/Trends 01/16 15:40
DTN Early Word Opening Livestock 01/16 05:57
DTN Midday Livestock Comments 01/16 12:19
DTN Closing Livestock Comment 01/16 16:28
CME Feeder Cattle Index 01/16
Weekly Beef Export Sales 01/11 07:55
DTN Livestock Stats at a Glance
DTN Hog Close/Trends 01/16 15:00
Family Business Matters 01/12 12:45

DTN Dairy News
USDA CME Cash Cheese Exchange 01/16 13:05
USDA CME Nonfat Dry Milk Trade 01/16 12:10
USDA CME Butter Transactions 01/16 12:10
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
 January 2018  @C8H 348'6
0'4
Chart @C8H 348'6
0'4
Chart
 February 2018  @C8H 348'6
0'4
Chart @C8H 348'6
0'4
Chart
 March 2018  @C8K 356'6
0'0
Chart @C8K 356'6
0'0
Chart
 April 2018  @C8K 356'6
0'0
Chart @C8K 356'6
0'0
Chart
 May 2018  @C8N 365'0
0'0
Chart @C8N 365'0
0'0
Chart
 June 2018  @C8N 365'0
0'0
Chart @C8N 365'0
0'0
Chart
 July 2018  @C8N 365'0
0'0
Chart @C8N 365'0
0'0
Chart
 N/C 2018  @C8Z 382'2
-0'2
Chart @C8Z 382'2
-0'2
Chart

SOYBEANS
  Lester Edna
Cash Bid Symbol CBOT Change Basis Cash Bid Symbol CBOT Change Basis
 January 2018  @S8H 966'6
-1'2
Chart @S8H 966'6
-1'2
Chart
 February 2018  @S8H 966'6
-1'2
Chart @S8H 966'6
-1'2
Chart
 March 2018  @S8K 978'0
-1'4
Chart @S8K 978'0
-1'4
Chart
 April 2018  @S8K 978'0
-1'4
Chart @S8K 978'0
-1'4
Chart
 May 2018  @S8N 987'6
-1'2
Chart @S8N 987'6
-1'2
Chart
 June 2018  @S8N 987'6
-1'2
Chart @S8N 987'6
-1'2
Chart
 July 2018  @S8N 987'6
-1'2
Chart @S8N 987'6
-1'2
Chart
 N/C 2018  @S8X 987'2
-1'6
Chart @S8X 987'2
-1'6
Chart

Click to view more Grain Bids

Dow Jones
 

DTN Videos
 06:20
1/12/2018 Fertilizer Prices Update
 02:58
1/16/2018 Favorable Argentina Rains
 01:32
1/16/2018 Soybeans Rally Tuesday
 03:45
1/16/2018 Soybeans Higher Tuesday

DTN Closing Corn Comments
Darin Newsom
Darin Newsom
DTN Sr Analyst
March corn closed up 2 cents Tuesday, hanging onto an early attempt at higher prices while potential buyers continue to struggle to find a reason to own corn. Friday's higher yield estimate of 176.6 bushels per acre from USDA did not help the case for higher corn prices and so far, the export pace has been slow in 2017-18. Tuesday morning, USDA said 23.0 million bushels of corn were inspected for export last week, another bearish amount that has total inspections down 36% in 2017-18 from a year ago. The main concern keeping traders bearish of course, is the 2.48 billion bushels of U.S. ending corn stocks USDA estimates. Friday's CFTC data showed noncommercials more bearish in corn as of Jan. 9, increasing net shorts from 69,731 to 86,714. Commercials increased net longs to 68,662, still offering support as March corn stays near its contract low. For now, the trend in March corn remains down. DTN's National Corn Index closed at $3.14 Friday, priced 33 cents below the March contract and down from its highest price in four months. In outside markets, the March U.S. dollar index is down 0.54, its lowest spot price in over three years and bullish influence for grains to start the week.
  As of 2:14 PM on Jan 16, 2018

Futures
@C - CORN - CBOT
Month Open High Low Last Change Close Time More
Mar 18 348'4 349'0 348'2 348'6 0'4 348'2 02:17A Chart for @C8H Options for @C8H
May 18 356'6 357'0 356'4 356'6 0'0 356'6 02:17A Chart for @C8K Options for @C8K
Jul 18 364'6 365'0 364'4 365'0 0'0 365'0 02:17A Chart for @C8N Options for @C8N
Sep 18 372'4 372'6 372'4 372'6 0'0 372'6 02:17A Chart for @C8U Options for @C8U
Dec 18 382'0 382'2 381'6 382'2 -0'2 382'4 02:17A Chart for @C8Z Options for @C8Z
Mar 19 391'0 391'4 391'0 391'4 -0'2 391'6 02:17A Chart for @C9H Options for @C9H
May 19 395'0 397'0 395'0 397'0 1'6 397'0s 02:17A Chart for @C9K Options for @C9K
Jul 19 401'0 401'6 399'4 401'6 1'4 401'4s 02:11A Chart for @C9N Options for @C9N
Sep 19 399'4 399'4 398'4 398'4 2'0 400'0s 02:15A Chart for @C9U Options for @C9U
Dec 19 401'2 401'4 401'2 401'4 -0'2 401'6 02:15A Chart for @C9Z Options for @C9Z
Mar 20 408'4 2'0 408'4s 01:21A Chart for @C0H Options for @C0H
May 20 415'0 1'4 412'6s 01:21A Chart for @C0K Options for @C0K
Jul 20 417'0 1'4 417'2s 01:21A Chart for @C0N Options for @C0N
Sep 20 417'2 1'4 417'2s 01/16 Chart for @C0U Options for @C0U
Dec 20 405'6 405'6 405'0 405'6 0'0 405'6s 01:21A Chart for @C0Z Options for @C0Z
Jul 21 409'6 0'0 409'6s 01/16 Chart for @C1N Options for @C1N
Dec 21 410'0 0'0 411'0s 01/16 Chart for @C1Z Options for @C1Z
@S - SOYBEANS - CBOT
Month Open High Low Last Change Close Time More
Mar 18 966'2 967'6 965'4 966'6 -1'2 968'0 02:17A Chart for @S8H Options for @S8H
May 18 977'6 979'0 977'0 978'0 -1'4 979'4 02:17A Chart for @S8K Options for @S8K
Jul 18 987'0 988'6 986'4 987'6 -1'2 989'0 02:17A Chart for @S8N Options for @S8N
Aug 18 990'2 991'0 989'6 989'6 -1'4 991'2 02:17A Chart for @S8Q Options for @S8Q
Sep 18 988'2 988'2 987'6 987'6 -1'6 989'4 02:17A Chart for @S8U Options for @S8U
Nov 18 986'6 988'4 986'4 987'2 -1'6 989'0 02:17A Chart for @S8X Options for @S8X
Jan 19 996'0 996'0 996'0 996'0 -0'4 996'4 02:17A Chart for @S9F Options for @S9F
Mar 19 999'4 1002'4 998'6 1001'0 4'2 1001'0s 02:17A Chart for @S9H Options for @S9H
May 19 1006'2 1007'0 1003'2 1005'4 3'6 1005'4s 02:17A Chart for @S9K Options for @S9K
@SM - SOYBEAN MEAL - CBOT
Month Open High Low Last Change Close Time More
Mar 18 3215 3228 3214 3227 - 1 3228 02:17A Chart for @SM8H Options for @SM8H
May 18 3252 3264 3250 3263 3263 02:17A Chart for @SM8K Options for @SM8K
Jul 18 3280 3292 3278 3290 - 1 3291 02:17A Chart for @SM8N Options for @SM8N
Aug 18 3292 3295 3292 3295 3295 02:17A Chart for @SM8Q Options for @SM8Q
Sep 18 3294 3294 3294 3294 - 2 3296 02:17A Chart for @SM8U Options for @SM8U
Oct 18 3277 3277 3273 3273 - 7 3280 02:18A Chart for @SM8V Options for @SM8V
Dec 18 3279 3288 3279 3288 - 1 3289 02:18A Chart for @SM8Z Options for @SM8Z
Jan 19 3285 3296 3285 3288 36 3297s 02:18A Chart for @SM9F Options for @SM9F
Mar 19 3300 3310 3300 3310 34 3316s 02:18A Chart for @SM9H Options for @SM9H
@BO - SOYBEAN OIL - CBOT
Month Open High Low Last Change Close Time More
Mar 18 32.77 32.83 32.61 32.69 -0.10 32.79 02:18A Chart for @BO8H Options for @BO8H
May 18 32.97 33.01 32.80 32.87 -0.10 32.97 02:18A Chart for @BO8K Options for @BO8K
Jul 18 33.16 33.21 33.00 33.07 -0.10 33.17 02:18A Chart for @BO8N Options for @BO8N
@HE - LEAN HOGS - CME
Month Open High Low Last Change Close Time More
Feb 18 72.075 74.250 72.050 73.675 2.325 73.900s 01/16 Chart for @HE8G Options for @HE8G
Apr 18 74.500 76.400 74.500 75.925 1.825 76.150s 01/16 Chart for @HE8J Options for @HE8J
May 18 79.700 81.000 79.700 80.650 2.000 81.000s 01/16 Chart for @HE8K Options for @HE8K
Jun 18 83.950 85.200 83.925 84.825 1.225 85.025s 01/16 Chart for @HE8M Options for @HE8M
Jul 18 83.925 85.125 83.700 84.825 1.050 84.975s 01/16 Chart for @HE8N Options for @HE8N
Aug 18 83.400 84.475 83.400 84.225 1.100 84.400s 01/16 Chart for @HE8Q Options for @HE8Q
Oct 18 70.500 71.300 70.500 71.075 0.450 71.200s 01/16 Chart for @HE8V Options for @HE8V
Dec 18 64.325 64.800 64.200 64.675 0.300 64.725s 01/16 Chart for @HE8Z Options for @HE8Z
Feb 19 67.050 67.600 67.050 67.450 0.325 67.600s 01/16 Chart for @HE9G Options for @HE9G
Apr 19 70.900 0.325 70.750s 01/16 Chart for @HE9J Options for @HE9J
May 19 78.050 0.325 77.875s 01/16 Chart for @HE9K Options for @HE9K
Jun 19 80.000 0.325 79.325s 01/16 Chart for @HE9M Options for @HE9M
@LE - LIVE CATTLE - CME
Month Open High Low Last Change Close Time More
Feb 18 117.450 118.400 117.375 118.150 0.725 118.100s 01/16 Chart for @LE8G Options for @LE8G
Apr 18 119.500 120.625 119.500 120.425 0.925 120.375s 01/16 Chart for @LE8J Options for @LE8J
Jun 18 111.675 112.575 111.500 112.350 0.725 112.350s 01/16 Chart for @LE8M Options for @LE8M
Aug 18 109.025 109.950 108.850 109.800 0.650 109.700s 01/16 Chart for @LE8Q Options for @LE8Q
Oct 18 110.250 111.050 110.225 110.825 0.550 110.925s 01/16 Chart for @LE8V Options for @LE8V
Dec 18 112.275 113.125 112.275 113.025 0.600 112.975s 01/16 Chart for @LE8Z Options for @LE8Z
Feb 19 113.725 114.450 113.725 114.350 0.500 114.225s 01/16 Chart for @LE9G Options for @LE9G
Apr 19 114.000 114.000 114.000 114.000 0.250 114.000s 01/16 Chart for @LE9J Options for @LE9J
Jun 19 108.000 0.050 107.225s 01/16 Chart for @LE9M Options for @LE9M
@GF - FEEDER CATTLE - CME
Month Open High Low Last Change Close Time More
Jan 18 144.700 145.750 144.000 145.750 1.250 145.600s 01/16 Chart for @GF8F Options for @GF8F
Mar 18 142.750 144.150 142.100 144.025 1.275 143.925s 01/16 Chart for @GF8H Options for @GF8H
Apr 18 143.150 144.375 142.400 144.050 1.075 144.075s 01/16 Chart for @GF8J Options for @GF8J
May 18 142.900 144.025 142.325 143.750 1.100 143.800s 01/16 Chart for @GF8K Options for @GF8K
Aug 18 146.000 146.925 145.400 146.300 0.925 146.675s 01/16 Chart for @GF8Q Options for @GF8Q
Sep 18 145.825 146.700 145.425 146.100 0.725 146.450s 01/16 Chart for @GF8U Options for @GF8U
Oct 18 145.275 146.200 145.250 145.825 0.850 146.125s 01/16 Chart for @GF8V Options for @GF8V
Nov 18 145.450 145.700 145.450 145.700 0.775 145.700s 01/16 Chart for @GF8X Options for @GF8X
@DA - MILK CLASS III - CME
Month Open High Low Last Change Close Time More
Jan 18 13.79 13.77 Chart for @DA8F Options for @DA8F
Feb 18 13.42 13.49 13.42 13.45 0.08 13.37 02:00A Chart for @DA8G Options for @DA8G
Mar 18 13.47 13.55 13.39 13.54 0.11 13.43 02:00A Chart for @DA8H Options for @DA8H
My Custom Markets
Symbol Open High Low Last Change Close Time More

   

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January 17, 1969
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