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Kentucky Production Agri-Tech (KPAT) Initiative

Kentucky Production Agri-Tech (KPAT) Initiative

The backbone of Kentucky’s agriculture industry is the existence of family-owned production farms and supporting businesses located in every region of the state. Often small operations, these entities make up the majority of the ag industry in the Commonwealth, therefore representing a significant portion of the state’s overall economic development structure.

Market Closes - January 26, 2021
January 26, 2021
Market Closes - January 26, 2021

Grain and soy complex futures rose sharply for a second day in a row. Live cattle futures closed slightly higher but feeder futures posted sizable losses due to the soaring corn market. Beyond the February LH, lean hog futures closed slightly higher.

Quarles, Farm Groups Highlight New Farmer-Friendly Update to the Paycheck Protection Program
January 26, 2021
Quarles, Farm Groups Highlight New Farmer-Friendly Update to the Paycheck Protection Program

Agriculture Commissioner Dr. Ryan Quarles and Kentucky farm groups are highlighting changes to the Paycheck Protection Program (PPP) benefiting Kentucky agricultural producers. PPP provides forgivable loans to small businesses to pay employees to keep them on the payroll. 

Market Closes - January 25, 2021
January 25, 2021
Market Closes - January 25, 2021

Grain and soy complex futures closed sharply higher but only erasing part of Friday’s huge losses. Cattle futures closed mostly higher except for light weakness in the nearby contracts. Lean hog futures closed higher as the 4-day bounce continues off last week’s lows.

Across Kentucky - January 25, 2020
January 25, 2021
Across Kentucky - January 25, 2020

KFB President Mark Haney says they support strong fiscal policy and good voting rules for the state.

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Across Kentucky - January 22, 2021
January 22, 2021
Across Kentucky - January 22, 2021

KFB Second Vice President Sharon Furches says Generation Bridge will develop new advocates for agriculture.

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Market Closes - January 21, 2021
January 21, 2021
Market Closes - January 21, 2021

CBOT futures closes narrowly mixed except for a sharp rally in soybean oil futures for a second day.  Ahead of Friday’s Cattle on Feed Report, cattle futures closed higher and near the day’s highs. Beyond the February LH contract, lean hog futures closed higher with the June/July LH hitting new contract highs.