Sometimes, the best way to see more clearly, and perhaps appreciate more, a specific issue that is close to home, is to observe if from a different perspective, in a different place.
Murray State University Hutson School of Agriculture Dean Dr. Tony Brannon is working to re-brand hemp across the state. Dr. Brannon says Industrial Hemp needs to be replaced by the name Agricultural Hemp because of the many potential uses of the crop that is being grown today.
We continue our conversation with Hart County hay producer Clayton Jarrell about his involvement as President of the National Hay Association. Jarrell also talks about the challenges of the hay industry and the pride he has in the product produced on his farm.
A Hart County farmer has found his place in the hay industry as he produces top quality product for the horse industry. Clayton Jarrell talks about how he got started in the hay business, the way he markets the hay from the farm and his family’s involvement in the farming operation.
Farmers from Kentucky and surrounding states sold beef cattle of various breeds for top dollar at the Kentucky Farm Bureau Beef Expo this year. Board Chairman John Chism talks about the number of head in the show and sale, how the cattle sold and the youth activities that took place this year.
CBOT futures were mostly steady except for strong gains in wheat futures. Outside markets, including higher crude oil, were positive today with the US Dollar weakening as Treasury Yields fell sharply after the FOMC suggested it didn’t expect any interest rate increase in 2019. Lean Hog futures closed up the daily trading limit of $3.00/cwt (the limit is $4.50 tomorrow).
CBOT futures were mostly lower today, weighed down by poor export inspections for last week and a Chinese newspaper saying Trump/Xi won’t meet before June. Cattle futures closed mostly higher with small gains. The April Live Cattle contract dropped .77 to 128.32 on pressure from Friday’s $127/cwt cash trade. LH posted big gains today as traders turn more bullish on Chinese pork demand because China’s ASF outbreak is still not under control.
