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Farm Bureau Adopts Policies on Government Shutdown, Trade, Opioids, Cell-Based Meat and Broadband

Farm Bureau Adopts Policies on Government Shutdown, Trade, Opioids, Cell-Based Meat and Broadband

Farmer and rancher delegates to the American Farm Bureau Federation’s 100th Annual Convention today adopted policies to guide the organization’s work during its centennial year on key topics such as farm bill implementation, cell-cultured food products, trade, rural broadband access and rural mental health programs.

Across Kentucky - January 15, 2019
January 10, 2019
Across Kentucky - January 15, 2019

Cattle producers from across the state will gather in Owensboro January 17 and 18 for the annual Kentucky Cattlemen’s Convention.  Executive Director Dave Maples previews the convention, the guest speakers, the topics that will be covered and the hall of fame induction ceremony. 

Across Kentucky - January 14, 2019
January 10, 2019
Across Kentucky - January 14, 2019

American Farm Bureau members will discuss and vote on a number of resolutions during the 100th annual meeting this week in New Orleans.  Kentucky Farm Bureau President Mark Haney discusses the American Farm Bureau resolutions process, what policies are being considered and why they are important for Kentucky.

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Market Closes - January 9, 2019
January 9, 2019
Market Closes - January 9, 2019

CBOT futures closed higher with corn and soybeans near the day’s highs.  Futures were supported by a weaker US Dollar, some type of agreement with China to make U.S. purchases (no specifics announced), and unfavorable weather in South America.  Cattle futures closed slightly lower, as traders paused following Tuesday’s sharp gains.

Deadline to Apply for Trade Mitigation Payments Extended
January 9, 2019
Deadline to Apply for Trade Mitigation Payments Extended

Quarles Hails Move to Help Farmers Affected by Unfair Foreign Tariffs

Agriculture Commissioner Ryan Quarles has alerted Kentucky farmers that the deadline has been extended for agricultural producers to apply for payments under the Market Facilitation Program as provided by the trade mitigation program administered by the U.S. Department of Agriculture (USDA). 
KFB Marketbasket Survey Shows Slight Decrease in Food Prices for Second Straight Quarter
January 8, 2019
KFB Marketbasket Survey Shows Slight Decrease in Food Prices for Second Straight Quarter

The most recent Kentucky Farm Bureau (KFB) Marketbasket Survey indicates a slight decrease to the overall cost of food in the fourth quarter of 2018. However, the average marketbasket price showed an overall increase for the year, going from $115.07 in 2017 to $116.92 in 2018. The final 2018 survey is still lower than the final marketbasket of 2016 which was $118.87.

Market Closes - January 7, 2019
January 7, 2019
Market Closes - January 7, 2019

The grain and soy futures closed narrowly mixed on a lack of fundamental news.   Cattle futures closed moderately higher after opening this morning slightly lower.  Lean Hog futures closed slightly lower through the August LH contract.