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Stress on the Farm and in Rural America: Acknowledging its existence can be a good first step in combating this issue

Stress on the Farm and in Rural America: Acknowledging its existence can be a good first step in combating this issue

As much as farm families love what they do, there is a tremendous amount of stress that can come along with any farming operation, big or small; in good economic times or financial downturns.

Market Closes - May 1, 2019
May 1, 2019
Market Closes - May 1, 2019

CBOT futures closed mixed with corn leading the way higher on growing concerns that planting progress will be very slow in the Corn Belt due to wet soils and a cool and rainy forecast into mid-May (or longer). Cattle futures closed mostly lower, albeit by small amounts.  Lean Hog futures closed sharply higher to LIMIT UP. 

Market Closes - April 30, 2019
April 30, 2019
Market Closes - April 30, 2019

Today’s CBOT closes were much like Monday’s with corn finishing near steady and soybeans and wheat closing around 6 cents lower.  Cattle closed lower with the expiring April LC down $1.02. June LC dropped 0.55 to 114.25, or a $9.50 discount to the April. Lean Hog futures closed lower on weaker pork values and continued selling by the spec longs.

Market Closes - April 29, 2019
April 29, 2019
Market Closes - April 29, 2019

Another bad day at the CME left futures at/near the day’s lows with soybeans, soybean meal and wheat futures hitting new contract lows.  Beyond the nearby April LC contract, cattle futures closed lower after testing the positive side of unchanged.  Lean Hog futures closed moderately lower as the selloff which started a week ago continued.

Market Closes - April 25, 2019
April 25, 2019
Market Closes - April 25, 2019

CBOT futures closed mostly higher after trading to new lows. The reversal-type action was more impressive in corn. Cattle futures closed sharply lower on follow-through selling (funds liquidating) after prices fell below key technical support levels on Wednesday. Lean Hog futures also dropped sharply with the June-December LH contracts locking limit-down ($3.00/cwt).

Across Kentucky Promo - April 29, 2019 - May 3, 2019
April 25, 2019
Across Kentucky Promo - April 29, 2019 - May 3, 2019

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Across Kentucky - May 3, 2019
April 25, 2019
Across Kentucky - May 3, 2019

More than 150-thousand people are expected at Churchill Downs Saturday for the 145th running of the Kentucky Derby.  Churchill Downs Communications Manager Darren Rogers talks about the race, the favorites and some special events planned this year to memorialize the late John Asher, who served as Vice-President of Racing Communications until his untimely death last summer.

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