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A Different World; The Same Mission While dealing with COVID-19, Farm Families are Still Doing What They Do Best

A Different World; The Same Mission While dealing with COVID-19, Farm Families are Still Doing What They Do Best

A few short weeks ago, most citizens in Kentucky, and across the country, were preparing for spring and all the activities the new season would bring. But since the onset of COVID-19, the coronavirus, most have hunkered down close to home hoping to wait this pandemic out.

Market Closes - March 26, 2020
March 26, 2020
Market Closes - March 26, 2020

Again today, CBOT fut ures closed widely mixed with corn and soybeans near steady, while wheat contracts ended significantly lower. Cattle futures closed sharply lower with some live cattle contracts down the $3.00 limit (will be $4.50 tomorrow). Lean Hog futures also closed sharply lower to as much as limit down.

Market Closes - March 25, 2020
March 25, 2020
Market Closes - March 25, 2020

CBOT futures closed widely mixed with some interesting price action. Wheat was the upside leader as the world sources wheat to build flour inventories. After posting limit-up days on Monday and Tuesday, live cattle and feeder cattle futures closed mostly lower except for the nearby contracts. Lean Hog futures closed moderately lower, pressured by lower pork cutout values yesterday and again today.

Market Closes - March 24, 2020
March 24, 2020
Market Closes - March 24, 2020

CBOT futures closed steady to slightly higher today after Monday’s strong market.For the second day in a row, cattle futures closed up the daily limit (which was expanded for today’s trade and will be at these limits again tomorrow). Lean Hog futures closed strongly higher, rising for the sixth straight day. 

Market Closes - March 23, 2020
March 23, 2020
Market Closes - March 23, 2020

CBOT futures closed steady in corn to sharply higher in wheat and the soy complex.  Live cattle and feeder cattle futures opened up the daily limit and did not trade into the close.  Lean hog futures also closed strongly higher to limit-up. This 5-day rally in April LH has brought prices near the March high of $66.37. 

KDA Streamlines Federal Food Assistance Programs To Allow "Drive-Through" Models
March 23, 2020
KDA Streamlines Federal Food Assistance Programs to Allow "Drive-Through" Models

The Kentucky Department of Agriculture (KDA) has streamlined the process of ensuring that food insecure Kentuckians can receive food through two federal programs with a minimum of human contact during the COVID-19 pandemic, Agriculture Commissioner Dr. Ryan Quarles announced today. 

March 20, 2020 - Legislative Report No. 12 - 2020 Kentucky General Assembly
March 20, 2020
March 20, 2020 - Legislative Report No. 12 - 2020 Kentucky General Assembly