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President's Column:  Grassroots, The Foundation of Farm Bureau

President's Column: Grassroots, The Foundation of Farm Bureau

Whenever I have been asked to describe what Kentucky Farm Bureau (KFB) is about or how it operates, I always begin with one word: “grassroots.”

If you have been around this organization as long as I have, that word comes up often and we never want to lose sight of how important it really is.

Across Kentucky - March 18, 2020
March 18, 2020
Across Kentucky - March 18, 2020

KFB President Mark Haney discusses the importance of broadband for rural communities.

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Market Closes - March 17, 2020
March 17, 2020
Market Closes - March 17, 2020

CBOT futures closed widely mixed with corn and oats down sharply.  Cattle futures closed strongly higher to limit-up in front LC futures.  Lean Hog futures also rebounded from Monday’s sharp losses, some as much as the $4.50 limit to new contract lows.

Across Kentucky - March 16, 2020
March 16, 2020
Across Kentucky - March 16, 2020

AFBF President Zippy Duvall discusses rural mental health.

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March 13, 2020 - Legislative Report No. 11 - 2020 Kentucky General Assembly
March 13, 2020
March 13, 2020 - Legislative Report No. 11 - 2020 Kentucky General Assembly
Market Closes - March 11, 2020
March 11, 2020
Market Closes - March 11, 2020

Ag futures again came under pressure from a sharply lower equity market fueled by expanding COVID-19 cases, event cancellations and school closures. Cattle futures tried to build on Tuesday’s sharp rally, but succumbed to the downdraft in U.S. equities. Lean Hog futures held up much better than did cattle futures.

Market Closes - March 10, 2020
March 10, 2020
Market Closes - March 10, 2020

Today was a turnaround Tuesday as commodity and equity markets erased part of Monday’s losses. It appeared that commodity traders took a cue from the U.S. stock markets.  Cattle futures closed higher, but well of the day’s highs.  Lean Hog futures closed higher but well below the limit-up highs seen in the first hour of trading.