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President's Column:  Preparing Ourselves to Be Effective Advocates

President's Column: Preparing Ourselves to Be Effective Advocates

The 2021 KFB Presidents and Vice Presidents Conference was the first in-person gathering we have experienced as an organization in nearly a year. And to say it was a great day when we all first met is an understatement.

January 14, 2021 - Legislative Report No. 3 - 2021 Kentucky General Assembly
January 14, 2021
January 14, 2021 - Legislative Report No. 3 - 2021 Kentucky General Assembly
Market Closes - January 13, 2021
January 13, 2021
Market Closes - January 13, 2021

Corn, wheat, soybeans and soybean meal futures traded new contract highs during the overnight session, but closed far below those highs and near the day’s lows. Live cattle closed mixed and feeder futures made small gains. Lean hog futures closed mixed with nearby LH pressured by the February contract’s premium to the cash index.

Kentucky Family Wins Top Honor from American Farm Bureau Federation
January 13, 2021
Kentucky Family Wins Top Honor from American Farm Bureau Federation

Caleb and Leanne Ragland of LaRue County won a top honor during the American Farm Bureau Federation (AFBF) virtual convention today, being named winners of the Young Farmers & Ranchers “Achievement Award.”  

Across Kentucky - January 13, 2021
January 13, 2021
Across Kentucky - January 13, 2021

Congressman Andy Barr received a Friend of Farm Bureau Award from KFB.

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Market Closes - January 12, 2021
January 12, 2021
Market Closes - January 12, 2021

CBOT futures closed sharply higher in response to the bullish USDA crop/S&D reports.  Cattle futures closed mixed in live cattle but sharply lower in feeder cattle due to the soaring corn price. Lean hog futures closed near steady in February LH and a dollar plus in deferred contracts. 

Market Closes - January 11, 2021
January 11, 2021
Market Closes - January 11, 2021

CBOT futures closed mostly lower with soybean meal being the exception with a contract high close up $7/ton and new contract high. Cattle futures mostly closed little changed with a downward bias, but nearby Live Cattle were pressured by last week’s steady-at-best live market ($110-112). Lean hog futures closed slightly higher except the February LH finished barely in the red.