Wednesday, September 28, 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 Receiving Hours:

Mon. - Sat.     7:30 a.m. - Demand, call ahead in the evenings




 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

Give me a call for any yeild checks this fall

US Drought Monitor Link

ISU Crop Update Newsletter Link



SWINE NUTRITION

Larry's cell 712-470-0421

We are activley looking for new barns to be built in 2017, give me call for details.



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 September 23, 2016
(Delivered Lester / Edna area)

$27.00      32%     Syrup
$55.00      47%     Modified Distillers
$115.00    90%     Dry Distillers
$45.00      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

Since the official opening of the expanded Panama Canal three months ago, more than 200 transits have taken advantage of the new third lane. While none of them have carried soybeans or grain, already Panama Canal Waters Time for dry bulk carriers is lower, adding to the favorable transportation environment that will meet the record-large 2016 grain crop. See DTN Ag News. BKub's Den...

Potash and urea have already slid past bottoms not seen since 2008. See . FDTN Retail Fertilizer Trends...

The Southern corn disease reached Illinois and Indiana earlier than ever this year and will likely result in lower-than-expected yields. Growers should brace for increased infestations in the future. See DTN Ag News. BRust on the Rise...

Back-to-back years near or below break-even could set stage for land sales and downsizings for grain borrowers in 2017. See DTN Ag News. BBloated Expenses Cut Profits...

A federal court Monday created a nationwide class of farmers who can be part of a class action lawsuit against Syngenta for Viptera corn shipped to China. See DTN Ag News. 7^Court Sets GMO Class...


Headline News
Senate Set to Override Obama 9/11 Veto 09/28 06:09
Dutch Probe Revealed to MH17 Families 09/28 06:16
Yellen to Face Wells Fargo Questions 09/28 06:03
Israel Mourns, Preps for Peres Funeral 09/28 06:12
Women Hear Sexism in Trump Remarks 09/28 06:15
Fear, Suspicion for Migrants in France 09/28 06:06
Rights Group:Abuse Rife in Egypt Prison09/28 06:11
Market Higher as Energy Stocks Surge 09/28 17:07

DTN Market News
What Happens When Grain Gets Sick?
DTN Early Word Grains 09/28 05:55
DTN Midday Grain Comments 09/28 11:18
DTN Closing Grain Comments 09/28 13:41
DTN Cattle Close/Trends 09/28 15:40
DTN Early Word Opening Livestock 09/28 06:53
DTN Midday Livestock Comments 09/28 12:02
DTN Closing Livestock Comment 09/28 15:19
DTN Chart Technical Points 09/28 16:30
DTN Feeder Pig Index


USDA Swine News

DTN Livestock News
DTN Cattle Close/Trends 09/28 15:40
DTN Early Word Opening Livestock 09/28 06:53
DTN Midday Livestock Comments 09/28 12:02
DTN Closing Livestock Comment 09/28 15:19
CME Feeder Cattle Index 09/28
USDA Cattle On Feed Report 09/23 14:10
DTN Livestock Stats at a Glance
DTN Hog Close/Trends 09/28 15:05
Family Business Matters 09/02 09:46

DTN Dairy News
USDA CME Cash Cheese Exchange 09/28 11:35
USDA CME Nonfat Dry Milk Trade 09/28 11:35
USDA CME Butter Transactions 09/28 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
 September 2016  @C6Z 330'2
1'0
Chart @C6Z 330'2
1'0
Chart
 N/C 2016  @C6Z 330'2
1'0
Chart @C6Z 330'2
1'0
Chart
 January 2017  @C7H 340'2
1'2
Chart @C7H 340'2
1'2
Chart
 February 2017  @C7H 340'2
1'2
Chart @C7H 340'2
1'2
Chart
 March 2017  @C7K 347'2
1'0
Chart @C7K 347'2
1'0
Chart
 April 2017  @C7K 347'2
1'0
Chart @C7K 347'2
1'0
Chart
 May 2017  @C7N 354'4
1'2
Chart @C7N 354'4
1'2
Chart
 June 2017  @C7N 354'4
1'2
Chart @C7N 354'4
1'2
Chart
 July 2017  @C7N 354'4
1'2
Chart @C7U 361'0
0'6
Chart
 N/C 2017  @C7Z 370'4
1'2
Chart @C7Z 370'4
1'2
Chart

SOYBEANS
  Lester Edna
Cash Bid Symbol CBOT Change Basis Cash Bid Symbol CBOT Change Basis
 N/C 2016  @S6X 952'0
6'4
Chart @S6X 952'0
6'4
Chart
 January 2017  @S7H 963'2
5'0
Chart @S7H 963'2
5'0
Chart
 February 2017  @S7H 963'2
5'0
Chart @S7H 963'2
5'0
Chart
 March 2017  @S7K 970'6
6'0
Chart @S7K 970'6
6'0
Chart
 April 2017  @S7K 970'6
6'0
Chart @S7K 970'6
6'0
Chart
 May 2017  @S7N 976'4
6'4
Chart @S7N 976'4
6'4
Chart
 June 2017  @S7N 976'4
6'4
Chart @S7N 976'4
6'4
Chart
 July 2017  @S7N 976'4
6'4
Chart @S7N 976'4
6'4
Chart
 N/C 2017  @S7X 951'4
3'4
Chart @S7X 951'4
3'4
Chart

Click to view more Grain Bids

Dow Jones
 

DTN Videos
 03:18
9/28/2016 Grains Sag Wednesday
 08:43
9/19/2016 DTNPF Ag Confidence Index Results
 01:27
9/28/2016 Weak Corn Tone Wednesday
 02:44
9/28/2016 Drier October Forecast Wednesday

DTN Closing Corn Comments
Darin Newsom
Darin Newsom
DTN Sr Analyst
December corn closed 2 1/2 cents lower in spite of Wednesday's large corn export sale. At 8 a.m. CDT, USDA said Mexico bought 40.8 million bushels (1,036,320 mt) of U.S. corn for 2016-17 and another 21.3 million bushels (541,020 mt) for 2017-18. Combined, it was the fourth largest corn export sale since 1977, made possible by this year's lack of competing supplies in Brazil. The U.S. Energy Information Administration said last week's ethanol production inched up from 981,000 to 989,000 barrels per day while inventory increased from 20.0 million to 20.6 million barrels. It is a little early yet for inventory to stop declining so Wednesday's report is slightly bearish for corn. Of course, the larger concern is the expectation of nearly 15 billion bushels of new supplies this fall and that is keeping a bearish lid on December corn prices. DTN's National Corn Index closed at $2.90 Tuesday, priced 42 cents below the December contract and up from its lowest price in seven years. In outside markets, November crude oil traded up $2.03 after unconfirmed reports that OPEC agreed to limit production at Wednesday's meeting in Algiers.
  As of 2:12 PM on Sep 28, 2016

Futures
@C - CORN - CBOT
Month Open High Low Last Change Close Time More
Dec 16 329'6 330'6 329'4 330'2 1'0 329'2 08:21P Chart for @C6Z Options for @C6Z
Mar 17 339'4 340'4 339'2 340'2 1'2 339'0 08:21P Chart for @C7H Options for @C7H
May 17 346'4 347'2 346'4 347'2 1'0 346'2 08:21P Chart for @C7K Options for @C7K
Jul 17 353'4 354'4 353'4 354'4 1'2 353'2 08:21P Chart for @C7N Options for @C7N
Sep 17 361'0 361'0 361'0 361'0 0'6 360'2 08:21P Chart for @C7U Options for @C7U
Dec 17 369'4 370'4 369'4 370'4 1'2 369'2 08:21P Chart for @C7Z Options for @C7Z
Mar 18 380'0 381'0 379'2 379'2 -2'4 379'2s 08:20P Chart for @C8H Options for @C8H
May 18 385'0 -2'4 384'6s 08:20P Chart for @C8K Options for @C8K
Jul 18 389'0 389'0 389'0 389'0 -2'2 389'0s 08:17P Chart for @C8N Options for @C8N
Sep 18 390'0 -2'4 388'0s 07:01P Chart for @C8U Options for @C8U
Dec 18 390'6 390'6 389'2 390'0 -2'2 389'6s 08:13P Chart for @C8Z Options for @C8Z
Jul 19 410'0 -2'2 405'4s 07:01P Chart for @C9N Options for @C9N
Dec 19 402'6 -2'2 396'2s 07:01P Chart for @C9Z Options for @C9Z
@S - SOYBEANS - CBOT
Month Open High Low Last Change Close Time More
Nov 16 947'0 954'2 946'2 952'0 6'4 945'4 08:21P Chart for @S6X Options for @S6X
Jan 17 953'2 960'0 952'6 958'0 6'0 952'0 08:21P Chart for @S7F Options for @S7F
Mar 17 959'4 965'4 959'0 963'2 5'0 958'2 08:21P Chart for @S7H Options for @S7H
May 17 965'6 970'6 965'6 970'6 6'0 964'6 08:21P Chart for @S7K Options for @S7K
Jul 17 970'4 976'4 970'4 976'4 6'4 970'0 08:21P Chart for @S7N Options for @S7N
Aug 17 974'0 975'2 969'0 969'0 -5'4 969'2s 08:21P Chart for @S7Q Options for @S7Q
Sep 17 959'6 961'6 956'4 956'4 -4'6 957'2s 08:20P Chart for @S7U Options for @S7U
Nov 17 948'6 953'0 948'0 951'4 3'4 948'0 08:21P Chart for @S7X Options for @S7X
Jan 18 952'0 -4'4 951'0s 08:21P Chart for @S8F Options for @S8F
@SM - SOYBEAN MEAL - CBOT
Month Open High Low Last Change Close Time More
Oct 16 3008 3028 3004 3022 25 2997 08:21P Chart for @SM6V Options for @SM6V
Dec 16 3000 3023 2996 3014 20 2994 08:22P Chart for @SM6Z Options for @SM6Z
Jan 17 3008 3030 3005 3024 19 3005 08:21P Chart for @SM7F Options for @SM7F
Mar 17 3030 3030 3025 3025 3025 08:22P Chart for @SM7H Options for @SM7H
May 17 3042 3062 3041 3055 13 3042 08:22P Chart for @SM7K Options for @SM7K
Jul 17 3058 3098 3050 3058 3 3057s 08:22P Chart for @SM7N Options for @SM7N
Aug 17 3055 3099 3053 3060 4 3059s 08:22P Chart for @SM7Q Options for @SM7Q
Sep 17 3057 3057 3057 3057 - 1 3058 08:21P Chart for @SM7U Options for @SM7U
Oct 17 3034 3064 3033 3033 5 3030s 08:21P Chart for @SM7V Options for @SM7V
@BO - SOYBEAN OIL - CBOT
Month Open High Low Last Change Close Time More
Oct 16 32.76 32.90 32.75 32.83 0.19 32.64 08:21P Chart for @BO6V Options for @BO6V
Dec 16 32.97 33.15 32.95 33.05 0.16 32.89 08:21P Chart for @BO6Z Options for @BO6Z
Jan 17 33.34 33.38 33.26 33.29 0.16 33.13 08:21P Chart for @BO7F Options for @BO7F
@HE - LEAN HOGS - CME
Month Open High Low Last Change Close Time More
Oct 16 52.300 52.450 51.500 51.700 51.700s 03:37P Chart for @HE6V Options for @HE6V
Dec 16 47.000 47.450 46.150 46.700 0.250 46.700s 03:06P Chart for @HE6Z Options for @HE6Z
Feb 17 51.675 52.000 50.975 51.200 -0.100 51.200s 01:05P Chart for @HE7G Options for @HE7G
Apr 17 57.900 58.450 57.450 57.700 -0.025 57.675s 04:08P Chart for @HE7J Options for @HE7J
May 17 65.500 65.500 65.300 65.300 -0.075 65.300s 01:05P Chart for @HE7K Options for @HE7K
Jun 17 69.075 69.850 68.950 69.325 0.025 69.225s 04:08P Chart for @HE7M Options for @HE7M
Jul 17 68.575 69.300 68.500 68.675 68.675s 01:05P Chart for @HE7N Options for @HE7N
Aug 17 67.900 68.525 67.900 68.400 0.500 68.400s 01:05P Chart for @HE7Q Options for @HE7Q
Oct 17 58.750 58.750 58.750 58.750 58.750s 04:08P Chart for @HE7V Options for @HE7V
Dec 17 57.025 55.700s 01:05P Chart for @HE7Z Options for @HE7Z
Feb 18 57.900 57.900s 01:05P Chart for @HE8G Options for @HE8G
@LE - LIVE CATTLE - CME
Month Open High Low Last Change Close Time More
Oct 16 102.825 104.175 101.525 103.175 - 0.350 103.475s 04:08P Chart for @LE6V Options for @LE6V
Dec 16 102.700 104.375 101.550 103.375 0.500 103.625s 04:08P Chart for @LE6Z Options for @LE6Z
Feb 17 103.225 105.075 102.325 103.875 0.450 104.100s 04:08P Chart for @LE7G Options for @LE7G
Apr 17 102.525 104.725 102.050 103.400 0.225 103.600s 04:08P Chart for @LE7J Options for @LE7J
Jun 17 96.600 98.200 95.800 97.100 0.125 97.125s 04:08P Chart for @LE7M Options for @LE7M
Aug 17 95.100 96.750 94.525 95.725 0.325 95.775s 01:05P Chart for @LE7Q Options for @LE7Q
Oct 17 96.000 97.625 95.800 96.800 0.075 96.875s 04:08P Chart for @LE7V Options for @LE7V
@GF - FEEDER CATTLE - CME
Month Open High Low Last Change Close Time More
Sep 16 135.000 135.500 134.800 135.225 0.350 135.175s 01:05P Chart for @GF6U Options for @GF6U
Oct 16 126.175 130.700 125.750 128.050 1.175 128.025s 04:07P Chart for @GF6V Options for @GF6V
Nov 16 122.575 126.900 122.025 124.625 1.275 124.650s 04:07P Chart for @GF6X Options for @GF6X
Jan 17 118.675 122.775 118.200 120.575 1.450 120.675s 01:05P Chart for @GF7F Options for @GF7F
Mar 17 117.500 121.475 117.125 119.250 1.350 119.450s 04:07P Chart for @GF7H Options for @GF7H
Apr 17 117.050 121.150 117.050 119.150 1.175 119.250s 04:07P Chart for @GF7J Options for @GF7J
May 17 117.300 120.275 116.750 118.875 0.850 118.900s 04:07P Chart for @GF7K Options for @GF7K
Aug 17 118.500 122.000 118.500 118.650 0.450 120.000s 04:07P Chart for @GF7Q Options for @GF7Q
@DA - MILK CLASS III - CME
Month Open High Low Last Change Close Time More
Sep 16 16.41 16.41 Chart for @DA6U Options for @DA6U
Oct 16 15.31 15.32 15.31 15.32 0.05 15.27 08:21P Chart for @DA6V Options for @DA6V
Nov 16 15.71 15.73 15.71 15.73 0.06 15.67 08:21P Chart for @DA6X Options for @DA6X
My Custom Markets
Symbol Open High Low Last Change Close Time More

   

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