Tuesday, August 22, 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
Meal 5:00 - 7:00 pm & Plot Tour at 7:00 pm

Lester location silage dry down day Thursday August 24th
10:00 am - noon

Edna location test plot tour & silage dry down day Wednesday August 30th
11:30 am - 1:00 pm with lunch provided



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 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
* 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

Corn prices are headed lower, but this year's bearish arguments aren't as strong as a year ago. See . FTodd's Take...

A focus on the renegotiation of the North American Free Trade Agreement, or NAFTA, may be a reason for little action on bilateral agreements with countries such as Japan. See DTN Ag News. BNAFTA, Tax Reform Eyed...

Crop conditions were mostly stable last week with corn condition unchanged from the previous week and soybean condition up just 1 percentage point in the good-to-excellent category, making this week's USDA Crop Progress report neutral again for both crops, according to DTN Analyst Todd Hultman. See DTN Ag News. BUSDA Weekly Crop Progress...

As the U.S. spring wheat harvest nears the halfway point, producers from around the Upper Midwest and Northern Plains are reporting a wide variety of yields, protein levels and grain quality issues. See DTN Ag News. 4^Cash Market Moves...

DTN/The Progressive Farmer will not be attending or reporting on events or data related to the former Pro Farmer Crop Tour. See DTN Ag News. F^Note to DTN Subscribers...


Headline News
Trump Vows Continued Afghan Fight 08/22 06:05
US Dismisses Calls to Pause Drills 08/22 06:12
Ryan Opposes Censure of Trump 08/22 06:01
Police Shoot Barcelona Mastermind 08/22 06:08
Boeing,Northrop Get Air Force Contracts08/22 06:11
USS McCain Crash 4th Incident in 2017 08/22 06:04
Trump Rebuffs Coal Industry 08/22 06:07
Stocks Continue to Rise Tuesday Afterno08/22 13:10

DTN Market News
Spring Wheat Harvest Drags On; Yields "All Over the Place"
DTN Early Word Grains 08/22 05:56
DTN Midday Grain Comments 08/22 12:06
DTN Closing Grain Comments 08/22 13:53
DTN Cattle Prices/Trends 08/22 14:40
DTN Early Word Opening Livestock 08/22 05:57
DTN Midday Livestock Comments 08/22 12:22
DTN Closing Livestock Comment 08/21 16:27
DTN Chart Technical Points 08/21 16:30
DTN Feeder Pig Index


USDA Swine News

DTN Livestock News
DTN Cattle Prices/Trends 08/22 14:40
DTN Early Word Opening Livestock 08/22 05:57
DTN Midday Livestock Comments 08/22 12:22
DTN Closing Livestock Comment 08/21 16:27
CME Feeder Cattle Index 08/22
Weekly Beef Export Sales 08/17 08:00
DTN Livestock Stats at a Glance
DTN Hog Close/Trends 08/22 15:05
Family Business Matters 08/18 10:38

DTN Dairy News
USDA CME Cash Cheese Exchange 08/22 12:15
USDA CME Nonfat Dry Milk Trade 08/22 12:10
USDA CME Butter Transactions 08/22 12:00
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 346'0s
-3'0
Chart @C7U 346'0s
-3'0
Chart
 N/C 2017  @C7Z 360'0s
-3'0
Chart @C7Z 360'0s
-3'0
Chart
 January 2018  @C8H 372'4s
-2'6
Chart @C8H 372'4s
-2'6
Chart
 February 2018  @C8H 372'4s
-2'6
Chart @C8H 372'4s
-2'6
Chart
 March 2018  @C8K 378'6s
-2'6
Chart @C8K 378'6s
-2'6
Chart
 April 2018  @C8K 378'6s
-2'6
Chart @C8K 378'6s
-2'6
Chart
 May 2018  @C8N 385'0s
-2'4
Chart @C8N 385'0s
-2'4
Chart
 June 2018  @C8N 385'0s
-2'4
Chart @C8N 385'0s
-2'4
Chart
 July 2018  @C8N 385'0s
-2'4
Chart @C8N 385'0s
-2'4
Chart
 N/C 2018  @C8Z 397'6s
-3'0
Chart @C8Z 397'6s
-3'0
Chart

SOYBEANS
  Lester Edna
Cash Bid Symbol CBOT Change Basis Cash Bid Symbol CBOT Change Basis
 August 2017  @S7X 937'4s
1'2
Chart @S7X 937'4s
1'2
Chart
 FH Sept 2017  @S7X 937'4s
1'2
Chart @S7X 937'4s
1'2
Chart
 N/C 2017  @S7X 937'4s
1'2
Chart @S7X 937'4s
1'2
Chart
 January 2018  @S8H 954'0s
1'0
Chart @S8H 954'0s
1'0
Chart
 February 2018  @S8H 954'0s
1'0
Chart @S8H 954'0s
1'0
Chart
 March 2018  @S8K 961'4s
0'6
Chart @S8K 961'4s
0'6
Chart
 April 2018  @S8K 961'4s
0'6
Chart @S8K 961'4s
0'6
Chart
 May 2018  @S8N 968'2s
0'4
Chart @S8N 968'2s
0'4
Chart
 June 2018  @S8N 968'2s
0'4
Chart @S8N 968'2s
0'4
Chart
 July 2018  @S8N 968'2s
0'4
Chart @S8N 968'2s
0'4
Chart
 N/C 2018  @S8X 956'0s
2'0
Chart @S8X 956'0s
2'0
Chart

Click to view more Grain Bids

Dow Jones
 

DTN Videos
 03:25
8/21/2017 Grains Lower Monday
 01:23
8/22/2017 Grains Variable Tuesday
 03:12
8/22/2017 Cool Trend Tuesday
 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 down 3 cents Tuesday with scattered showers stretched from eastern Kansas across the eastern Midwest, heavy in some spots like Kansas City where flooding occurred. The Midwest is not expecting much rain the next seven days while the better chances are across the southern U.S. Temperatures are expected to stay mild through the end of August. Late Monday, USDA said 76% of corn had reached dough stage and 29% was dented, down from the five-year average of 35% dented for this time of year. 62% of corn was rated either good or excellent, the same as a week ago. 14% of Illinois corn rated poor or very poor, up from 11% last week. While this year's corn crop is slower to develop, there is no threat of early freeze seen in the current fall forecast. For now, December corn continues to trickle to new lows in 2017, in line with its seasonal tendency and anticipating a corn harvest near 14 billion bushels this fall. DTN's National Corn Index closed at $3.12 Monday, priced 37 cents below the September contract and at a new 2017 low. In outside markets, the September U.S. dollar index is up 0.48 with financial traders waiting to see if the Federal Reserve Chairman gives any interest rate hints at Jackson Hole, Wyoming, on Friday.
  As of 2:25 PM on Aug 22, 2017

Futures
@C - CORN - CBOT
Month Open High Low Last Change Close Time More
Sep 17 349'0 351'0 346'0 346'4 -3'0 346'0s 02:54P Chart for @C7U Options for @C7U
Dec 17 363'0 365'2 360'0 360'0 -3'0 360'0s 03:03P Chart for @C7Z Options for @C7Z
Mar 18 375'2 377'4 372'2 372'4 -2'6 372'4s 02:34P Chart for @C8H Options for @C8H
May 18 381'4 383'4 378'6 379'2 -2'6 378'6s 02:34P Chart for @C8K Options for @C8K
Jul 18 387'4 389'6 385'0 385'2 -2'4 385'0s 02:34P Chart for @C8N Options for @C8N
Sep 18 393'0 394'2 390'4 390'4 -2'4 390'4s 01:30P Chart for @C8U Options for @C8U
Dec 18 401'0 402'2 397'6 398'2 -3'0 397'6s 01:30P Chart for @C8Z Options for @C8Z
Mar 19 407'4 407'6 406'2 406'2 -3'2 406'0s 01:22P Chart for @C9H Options for @C9H
May 19 412'4 412'4 411'6 411'6 -3'2 411'0s 01:30P Chart for @C9K Options for @C9K
Jul 19 419'0 -3'2 415'6s 01:20P Chart for @C9N Options for @C9N
Sep 19 414'2 -2'0 408'4s 01:20P Chart for @C9U Options for @C9U
Dec 19 408'4 408'4 408'4 408'4 -3'0 407'6s 01:20P Chart for @C9Z Options for @C9Z
@S - SOYBEANS - CBOT
Month Open High Low Last Change Close Time More
Sep 17 931'2 938'4 927'6 933'6 1'2 933'6s 01:30P Chart for @S7U Options for @S7U
Nov 17 935'0 942'6 931'2 937'4 1'2 937'4s 02:36P Chart for @S7X Options for @S7X
Jan 18 943'6 951'2 939'4 946'0 1'2 945'6s 03:06P Chart for @S8F Options for @S8F
Mar 18 952'2 959'6 948'2 954'6 1'0 954'0s 01:30P Chart for @S8H Options for @S8H
May 18 959'0 967'2 956'2 961'6 0'6 961'4s 01:22P Chart for @S8K Options for @S8K
Jul 18 967'0 974'2 964'0 968'4 0'4 968'2s 01:30P Chart for @S8N Options for @S8N
Aug 18 966'0 972'4 966'0 969'0 0'6 969'0s 01:22P Chart for @S8Q Options for @S8Q
Sep 18 958'0 964'6 958'0 963'0 1'4 961'4s 01:22P Chart for @S8U Options for @S8U
Nov 18 953'4 960'6 949'4 956'2 2'0 956'0s 01:30P Chart for @S8X Options for @S8X
@SM - SOYBEAN MEAL - CBOT
Month Open High Low Last Change Close Time More
Sep 17 2957 2980 2946 2950 - 5 2953s 02:30P Chart for @SM7U Options for @SM7U
Oct 17 2971 2993 2960 2966 - 5 2968s 02:30P Chart for @SM7V Options for @SM7V
Dec 17 2986 3013 2977 2986 - 3 2987s 02:36P Chart for @SM7Z Options for @SM7Z
Jan 18 2994 3020 2986 2995 - 2 2997s 01:22P Chart for @SM8F Options for @SM8F
Mar 18 3020 3044 3010 3022 - 1 3023s 01:30P Chart for @SM8H Options for @SM8H
May 18 3041 3065 3032 3043 - 3 3043s 01:30P Chart for @SM8K Options for @SM8K
Jul 18 3070 3088 3063 3067 - 3 3067s 01:30P Chart for @SM8N Options for @SM8N
Aug 18 3071 3094 3069 3071 - 4 3072s 01:22P Chart for @SM8Q Options for @SM8Q
Sep 18 3074 3091 3071 3075 - 7 3072s 01:22P Chart for @SM8U Options for @SM8U
@BO - SOYBEAN OIL - CBOT
Month Open High Low Last Change Close Time More
Sep 17 33.79 34.18 33.71 34.04 0.26 34.06s 01:30P Chart for @BO7U Options for @BO7U
Oct 17 33.90 34.30 33.84 34.17 0.26 34.19s 01:30P Chart for @BO7V Options for @BO7V
Dec 17 34.15 34.55 34.06 34.42 0.25 34.42s 02:36P Chart for @BO7Z Options for @BO7Z
@HE - LEAN HOGS - CME
Month Open High Low Last Change Close Time More
Oct 17 64.850 65.150 63.350 63.825 -0.800 63.875s 02:32P Chart for @HE7V Options for @HE7V
Dec 17 60.025 60.225 58.625 58.950 -0.800 59.050s 02:30P Chart for @HE7Z Options for @HE7Z
Feb 18 64.725 64.725 63.400 63.625 -0.875 63.750s 02:32P Chart for @HE8G Options for @HE8G
Apr 18 68.375 68.400 67.725 67.825 -0.400 67.925s 01:05P Chart for @HE8J Options for @HE8J
May 18 73.400 73.400 73.275 73.275 -0.425 73.275s 01:05P Chart for @HE8K Options for @HE8K
Jun 18 76.750 77.400 76.625 76.875 0.075 76.900s 01:05P Chart for @HE8M Options for @HE8M
Jul 18 76.450 77.450 76.300 76.850 0.450 77.050s 01:05P Chart for @HE8N Options for @HE8N
Aug 18 75.575 78.300 75.450 76.675 1.000 76.675s 01:05P Chart for @HE8Q Options for @HE8Q
Oct 18 65.000 65.575 64.800 65.275 0.400 65.200s 01:05P Chart for @HE8V Options for @HE8V
Dec 18 60.500 60.500 60.275 60.275 0.275 60.275s 01:05P Chart for @HE8Z Options for @HE8Z
Feb 19 61.775 0.275 61.775s 01:05P Chart for @HE9G Options for @HE9G
@LE - LIVE CATTLE - CME
Month Open High Low Last Change Close Time More
Aug 17 105.875 107.275 105.750 106.850 0.725 106.725s 02:41P Chart for @LE7Q Options for @LE7Q
Oct 17 105.850 108.325 105.850 107.650 1.875 107.725s 02:56P Chart for @LE7V Options for @LE7V
Dec 17 108.050 110.550 108.025 110.025 2.025 110.075s 02:56P Chart for @LE7Z Options for @LE7Z
Feb 18 110.350 112.650 110.325 112.275 1.850 112.325s 01:05P Chart for @LE8G Options for @LE8G
Apr 18 110.875 112.850 110.825 112.400 1.600 112.475s 01:05P Chart for @LE8J Options for @LE8J
Jun 18 105.550 107.225 105.550 106.700 1.200 106.800s 01:05P Chart for @LE8M Options for @LE8M
Aug 18 104.100 105.950 104.100 105.600 1.600 105.700s 01:05P Chart for @LE8Q Options for @LE8Q
Oct 18 106.775 107.400 106.750 107.350 1.400 107.400s 01:05P Chart for @LE8V Options for @LE8V
Dec 18 107.250 107.250 107.250 107.250 1.200 107.700s 01:05P Chart for @LE8Z Options for @LE8Z
@GF - FEEDER CATTLE - CME
Month Open High Low Last Change Close Time More
Aug 17 140.000 142.275 139.775 142.225 2.275 142.075s 01:05P Chart for @GF7Q Options for @GF7Q
Sep 17 139.150 142.550 139.150 141.975 2.900 142.050s 01:05P Chart for @GF7U Options for @GF7U
Oct 17 139.500 142.950 139.500 142.200 2.775 142.275s 01:05P Chart for @GF7V Options for @GF7V
Nov 17 140.150 143.150 140.100 142.300 2.325 142.425s 01:05P Chart for @GF7X Options for @GF7X
Jan 18 137.800 140.575 137.675 139.850 2.150 139.950s 01:05P Chart for @GF8F Options for @GF8F
Mar 18 135.850 138.700 135.800 138.350 2.225 138.250s 01:05P Chart for @GF8H Options for @GF8H
Apr 18 137.125 140.150 137.125 139.500 2.675 139.675s 01:05P Chart for @GF8J Options for @GF8J
May 18 137.400 140.250 137.400 139.825 2.450 139.850s 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 16.55 16.52 16.54 0.01 16.52 02:41P Chart for @DA7Q Options for @DA7Q
Sep 17 17.12 17.17 16.80 16.84 -0.29 16.92 03:06P Chart for @DA7U Options for @DA7U
Oct 17 17.03 17.05 16.70 16.75 -0.25 16.79 03:06P Chart for @DA7V Options for @DA7V
My Custom Markets
Symbol Open High Low Last Change Close Time More

   

This Day In History
August 22, 1927
Babe Ruth hits 40th of 60 homers

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