A feed bin with a lateral discharging auger chute is used for the deliver of a bulk particulate feed, the bin including a hopper in which feed is held defining a lower taper floor forming a lower opening which directs the contents by a horizontal auger positioned within the lower opening into a horizontal chute where the particulate feed is dispensed. The feed bin with an auger is a component part of an overall system for the deliver and exchange of bulk feed through storage and exchange bins for the convenience and used by ranchers and bulk feed distributors.