Monday, February 27, 2017  
 
Futures Markets |  Weather |  Ag News |  Charts |  Options |  Feeder Cattle News |  DTN Ag Headlines |  Cattle News |  Swine News |  Dairy News |  Market News |  Quotes |  Markets Page |  International News |  Livestock |  Soybeans News 
 Home
 Photos
 About Us
 Contact Our Staff
 Weather Forecast
 Products & Services
 Grain Bids
 Grain Policies
 Grain Profit Grid
 Hog Margin Worksheet
 Corn To Hog Worksheet
 Cattle Worksheet
 Ethanol Worksheet
 For Sale
 Wanted
 Employment Opportunities
 LFG Credit Application
 Whitetail Trucking Credit Application
 
 
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.

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


SALES TEAM

712-348-3637 
Reid Krull

712-470-2249
Myron 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


Seed orders are being taken for Agri-Gold, Stine, Dekalb & Asgrow
some supplies are getting tight, dont put this off !


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



Products for sale as of February 23, 2016
(Delivered Lester / Edna area)

$21.00      32%     Syrup
$55.00      47%     Modified Distillers
$102.00    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

In its first look at the 2017 major crops, USDA projects corn production to decline 7% and soybean production to decline 3% in 2017. USDA bumped up price estimates for both crops about a dime a bushel. See . FUSDA Sees Lower Production...

Zippy Duvall, president of the American Farm Bureau Federation, spoke Thursday night at the USDA Outlook Forum about the opportunity President Donald Trump's election provides for farmers. But he also said the potential changes to regulatory issues, tax reform, immigration, farm policy and trade require farmers to remain "engaged" even though the election is over. See DTN Ag News. :^Opportunity Needs Engagement...

High and growing production levels will likely continue the trend of declining prices. Increased exports might result, but a strong U.S. dollar remains as a headwind there. See DTN Ag News. BLivestock and Poultry Outlook...

Bringing independent voices into family business decisions can be beneficial. See DTN Ag News. 4^Family Business Matters...

President Donald Trump signed an executive order Friday, requiring federal agencies to form task forces designed to cut back regulations that hurt the economy. See DTN Ag News. C^Regulation Order Signed...


Headline News
Dems Elect Perez National Chairman 02/26 09:19
Sessions' Crime Stance May Fill Prisons02/26 09:26
Congress Returns to Intense Agenda 02/26 09:15
GOP Rep.:Need Independent Russia Probe 02/26 09:22
Egypt Christians Continue to Flee Sinai02/26 09:25
State Money Lost With Health Law Repeal02/26 09:18
Russian Opposition Figure Freed 02/26 09:21
US Stocks Eke Out Last-Minute Gains 02/24 16:07

DTN Market News
Early Start to Grain Shipping and Planting Season?
DTN Early Word Grains 02/24 05:54
DTN Midday Grain Comments 02/24 11:28
DTN Closing Grain Comments 02/24 13:57
DTN Cattle Close/Trends 02/24 15:40
DTN Early Word Opening Livestock 02/24 05:59
DTN Midday Livestock Comments 02/24 11:52
DTN Closing Livestock Comment 02/24 16:26
DTN Chart Technical Points 02/24 16:30
DTN Feeder Pig Index


USDA Swine News

DTN Livestock News
DTN Cattle Close/Trends 02/24 15:40
DTN Early Word Opening Livestock 02/24 05:59
DTN Midday Livestock Comments 02/24 11:52
DTN Closing Livestock Comment 02/24 16:26
CME Feeder Cattle Index 02/24
Cattle On Feed Report 02/24 14:05
DTN Livestock Stats at a Glance
DTN Hog Close/Trends 02/24 14:55
Family Business Matters 02/24 11:56

DTN Dairy News
USDA CME Cash Cheese Exchange 02/24 11:50
USDA CME Nonfat Dry Milk Trade 02/24 12:10
USDA CME Butter Transactions 02/24 11:50
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
 February 2017  @C7H 364'0
0'0
Chart @C7H 364'0
0'0
Chart
 March 2017  @C7K 371'2
0'4
Chart @C7K 371'2
0'4
Chart
 April 2017  @C7K 371'2
0'4
Chart @C7K 371'2
0'4
Chart
 May 2017  @C7N 378'6
0'4
Chart @C7N 378'6
0'4
Chart
 June 2017  @C7N 378'6
0'4
Chart @C7N 378'6
0'4
Chart
 July 2017  @C7N 378'6
0'4
Chart @C7N 378'6
0'4
Chart
 N/C 2017  @C7Z 391'4
0'4
Chart @C7Z 391'4
0'4
Chart
 January 2018  @C8H 400'2
0'6
Chart @C8H 400'2
0'6
Chart
 February 2018  @C8H 400'2
0'6
Chart @C8H 400'2
0'6
Chart
 March 2018  @C8K 404'0
1'2
Chart @C8K 404'0
1'2
Chart

SOYBEANS
  Lester Edna
Cash Bid Symbol CBOT Change Basis Cash Bid Symbol CBOT Change Basis
 February 2017  @S7H 1015'6
2'2
Chart @S7H 1015'6
2'2
Chart
 March 2017  @S7K 1026'0
1'6
Chart @S7K 1026'0
1'6
Chart
 April 2017  @S7K 1026'0
1'6
Chart @S7K 1026'0
1'6
Chart
 May 2017  @S7N 1035'4
2'2
Chart @S7N 1035'4
2'2
Chart
 June 2017  @S7N 1035'4
2'2
Chart @S7N 1035'4
2'2
Chart
 July 2017  @S7N 1035'4
2'2
Chart @S7N 1035'4
2'2
Chart
 N/C 2017  @S7X 1009'0
2'0
Chart @S7X 1009'0
2'0
Chart
 January 2018  @S8H 1012'4
0'0
Chart @S8H 1012'4
0'0
Chart
 February 2018  @S8H 1012'4
0'0
Chart @S8H 1012'4
0'0
Chart
 March 2018  @S8K 1014'2s
1'6
Chart @S8K 1014'2s
1'6
Chart

Click to view more Grain Bids

Dow Jones
 

DTN Videos
 02:46
2/24/2017 Grains End Mixed
 05:29
2/24/2007 America's 2017 Best Young Famers & Ranchers
 01:34
2/24/2017 Prices Mixed For Grains
 04:54
2/24/2017 Thunderstorms in S. Argentina Friday

DTN Closing Corn Comments
Darin Newsom
Darin Newsom
DTN Sr Analyst
May corn closed down 1 3/4 cents Friday and was down 4 1/4 cents on the week, pulling back from last week's new seven month high with concerns about the slow approach of big corn crops in South America. FOB corn prices are 45 cents cheaper in the U.S. than in Brazil so export business continues to favor the U.S. and we saw another bullish week in USDA's weekly sales data. USDA said last week's export sales and shipments of corn totaled 29.3 and 47.5 million bushels respectively, putting total exports up 66% in 2016-17 from a year ago. Early Friday, USDA set out their predictions for 2017-18, pegging U.S. ending corn stocks at 2.215 billion bushels, down slightly from the current estimate of 2.320 billion bushels for 2016-2017. On its face, the estimate looks neutral, but as usual, it all comes down to weather with the early yield estimate put at 170.7 bushels an acre. Technically, the trend in May corn remains gradually higher, but may be losing momentum. DTN's National Corn Index closed at $3.29 Thursday, priced 36 cents below the March contract and down from its highest price in seven months. Outside markets were quiet Friday with the March U.S. dollar index trading down 0.01 and April crude oil down 45 cents a barrel.
  As of 2:29 PM on Feb 24, 2017

Futures
@C - CORN - CBOT
Month Open High Low Last Change Close Time More
Mar 17 364'2 365'4 363'4 364'0 0'0 364'0 05:07A Chart for @C7H Options for @C7H
May 17 371'0 372'4 370'4 371'2 0'4 370'6 05:07A Chart for @C7K Options for @C7K
Jul 17 378'4 380'0 378'0 378'6 0'4 378'2 05:07A Chart for @C7N Options for @C7N
Sep 17 384'6 386'0 384'0 385'6 1'2 384'4 05:06A Chart for @C7U Options for @C7U
Dec 17 391'4 392'6 390'4 391'4 0'4 391'0 05:07A Chart for @C7Z Options for @C7Z
Mar 18 399'2 401'0 398'6 400'2 0'6 399'4 05:07A Chart for @C8H Options for @C8H
May 18 404'0 404'0 404'0 404'0 1'2 402'6 05:07A Chart for @C8K Options for @C8K
Jul 18 406'0 407'0 406'0 407'0 1'2 405'6 05:07A Chart for @C8N Options for @C8N
Sep 18 399'2 399'2 398'2 398'2 -1'0 398'4s 05:07A Chart for @C8U Options for @C8U
Dec 18 401'0 401'0 401'0 401'0 0'6 400'2 05:07A Chart for @C8Z Options for @C8Z
Mar 19 405'0 405'0 405'0 405'0 -1'0 406'2s 04:59A Chart for @C9H Options for @C9H
May 19 415'0 -1'0 410'6s 04:59A Chart for @C9K Options for @C9K
Jul 19 422'2 -0'6 413'6s 04:59A Chart for @C9N Options for @C9N
Sep 19 422'4 -0'6 410'2s 04:59A Chart for @C9U Options for @C9U
Dec 19 406'0 406'0 406'0 406'0 -0'4 406'0s 04:59A Chart for @C9Z Options for @C9Z
@S - SOYBEANS - CBOT
Month Open High Low Last Change Close Time More
Mar 17 1015'4 1018'4 1014'4 1015'6 2'2 1013'4 05:07A Chart for @S7H Options for @S7H
May 17 1026'2 1029'2 1025'0 1026'0 1'6 1024'2 05:07A Chart for @S7K Options for @S7K
Jul 17 1035'4 1038'0 1034'0 1035'4 2'2 1033'2 05:07A Chart for @S7N Options for @S7N
Aug 17 1034'4 1037'2 1034'4 1035'4 2'4 1033'0 05:07A Chart for @S7Q Options for @S7Q
Sep 17 1022'4 1022'4 1021'0 1021'0 2'0 1019'0 05:07A Chart for @S7U Options for @S7U
Nov 17 1008'0 1011'4 1007'6 1009'0 2'0 1007'0 05:07A Chart for @S7X Options for @S7X
Jan 18 1012'2 1014'0 1012'2 1014'0 2'2 1011'6 05:07A Chart for @S8F Options for @S8F
Mar 18 1012'4 1012'4 1012'4 1012'4 0'0 1012'4 05:07A Chart for @S8H Options for @S8H
May 18 1014'4 1014'4 1012'4 1014'0 1'6 1014'2s 05:07A Chart for @S8K Options for @S8K
@SM - SOYBEAN MEAL - CBOT
Month Open High Low Last Change Close Time More
Mar 17 3320 3331 3317 3329 16 3313 05:07A Chart for @SM7H Options for @SM7H
May 17 3363 3378 3360 3372 15 3357 05:07A Chart for @SM7K Options for @SM7K
Jul 17 3395 3407 3391 3403 15 3388 05:07A Chart for @SM7N Options for @SM7N
Aug 17 3385 3399 3385 3393 12 3381 05:05A Chart for @SM7Q Options for @SM7Q
Sep 17 3367 3378 3361 3375 16 3359 05:05A Chart for @SM7U Options for @SM7U
Oct 17 3325 3325 3325 3325 11 3314 05:05A Chart for @SM7V Options for @SM7V
Dec 17 3323 3333 3319 3329 11 3318 05:07A Chart for @SM7Z Options for @SM7Z
Jan 18 3319 3324 3319 3324 10 3314 05:07A Chart for @SM8F Options for @SM8F
Mar 18 3320 3323 3320 3323 12 3311 05:07A Chart for @SM8H Options for @SM8H
@BO - SOYBEAN OIL - CBOT
Month Open High Low Last Change Close Time More
Mar 17 32.41 32.57 32.35 32.37 -0.02 32.39 05:07A Chart for @BO7H Options for @BO7H
May 17 32.81 32.86 32.63 32.65 -0.02 32.67 05:08A Chart for @BO7K Options for @BO7K
Jul 17 33.00 33.12 32.90 32.90 -0.03 32.93 05:08A Chart for @BO7N Options for @BO7N
@HE - LEAN HOGS - CME
Month Open High Low Last Change Close Time More
Apr 17 66.700 68.225 66.325 68.150 1.450 68.025s 02/24 Chart for @HE7J Options for @HE7J
May 17 72.875 74.050 72.525 74.050 1.100 73.975s 02/24 Chart for @HE7K Options for @HE7K
Jun 17 76.650 77.950 76.325 77.900 1.200 77.825s 02/24 Chart for @HE7M Options for @HE7M
Jul 17 76.875 78.025 76.400 78.000 1.100 77.900s 02/24 Chart for @HE7N Options for @HE7N
Aug 17 76.600 77.800 76.000 77.750 1.125 77.700s 02/24 Chart for @HE7Q Options for @HE7Q
Oct 17 66.125 67.050 65.500 67.025 0.825 66.975s 02/24 Chart for @HE7V Options for @HE7V
Dec 17 61.600 62.275 60.750 62.275 0.575 62.100s 02/24 Chart for @HE7Z Options for @HE7Z
Feb 18 64.100 64.900 63.475 64.900 0.800 64.900s 02/24 Chart for @HE8G Options for @HE8G
Apr 18 67.250 67.450 67.250 67.450 0.500 67.450s 02/24 Chart for @HE8J Options for @HE8J
May 18 74.075 0.500 74.075s 02/24 Chart for @HE8K Options for @HE8K
Jun 18 76.250 0.500 76.200s 02/24 Chart for @HE8M Options for @HE8M
Jul 18 76.700 0.500 76.700s 02/24 Chart for @HE8N Options for @HE8N
@LE - LIVE CATTLE - CME
Month Open High Low Last Change Close Time More
Feb 17 123.300 123.950 122.200 123.950 0.675 123.750s 02/24 Chart for @LE7G Options for @LE7G
Apr 17 116.600 116.700 114.600 115.100 - 1.575 114.950s 02/24 Chart for @LE7J Options for @LE7J
Jun 17 106.825 106.875 104.675 104.950 - 1.925 104.850s 02/24 Chart for @LE7M Options for @LE7M
Aug 17 102.475 102.475 100.175 100.425 - 2.175 100.325s 02/24 Chart for @LE7Q Options for @LE7Q
Oct 17 102.425 102.525 100.525 100.700 - 2.050 100.650s 02/24 Chart for @LE7V Options for @LE7V
Dec 17 103.375 103.375 101.600 101.900 - 1.875 101.775s 02/24 Chart for @LE7Z Options for @LE7Z
Feb 18 103.525 103.525 101.925 102.225 - 1.800 102.025s 02/24 Chart for @LE8G Options for @LE8G
Apr 18 102.300 102.300 100.950 100.950 - 1.800 100.950s 02/24 Chart for @LE8J Options for @LE8J
@GF - FEEDER CATTLE - CME
Month Open High Low Last Change Close Time More
Mar 17 124.975 125.100 121.500 122.150 - 3.450 121.700s 02/24 Chart for @GF7H Options for @GF7H
Apr 17 125.500 125.500 121.300 121.950 - 3.950 121.550s 02/24 Chart for @GF7J Options for @GF7J
May 17 124.525 124.525 120.850 121.700 - 3.575 121.075s 02/24 Chart for @GF7K Options for @GF7K
Aug 17 125.400 125.400 122.450 123.250 - 2.950 122.650s 02/24 Chart for @GF7Q Options for @GF7Q
Sep 17 123.850 124.100 121.650 122.550 - 2.850 121.850s 02/24 Chart for @GF7U Options for @GF7U
Oct 17 122.725 122.800 120.550 121.225 - 2.875 120.625s 02/24 Chart for @GF7V Options for @GF7V
Nov 17 121.500 121.500 119.975 119.975 - 2.200 120.100s 02/24 Chart for @GF7X Options for @GF7X
Jan 18 117.025 117.025 117.025 117.025 - 1.700 117.025s 02/24 Chart for @GF8F Options for @GF8F
@DA - MILK CLASS III - CME
Month Open High Low Last Change Close Time More
Feb 17 16.85 16.85 16.85 16.85 -0.01 16.86 02/26 Chart for @DA7G Options for @DA7G
Mar 17 16.26 16.27 16.22 16.23 -0.04 16.27 05:02A Chart for @DA7H Options for @DA7H
Apr 17 16.32 16.32 16.21 16.23 -0.09 16.32 12:56A Chart for @DA7J Options for @DA7J
My Custom Markets
Symbol Open High Low Last Change Close Time More

   

This Day In History
February 27, 1526
Saxony & Hesse form League of Gotha (league of Protestant princes)

more info



Make us your homepage
 
Follow the steps below to make Lester Feed & Grain automatically appear when you launch your browser and when you click the Home button:
  • Open the Edit menu and choose Preferences.
  • Select the Navigator category.
  • Choose Home page under Navigator starts with.
  • In the Home page section, type
    http://www.lesterfeedandgrain.net
    in the Location box.
  • Click the OK button.


 
Copyright DTN. All rights reserved. Disclaimer.
Powered By DTN