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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.

Market Closes - April 9, 2020
April 9, 2020
Market Closes - April 9, 2020

CBOT futures closed steady to strongly higher following today’s USDA WASDE Report. Live cattle closed lower beyond the April contract and feeder cattle futures finished mixed. Beyond the soon-to-expire April LH contract, lean hogs closed sharply lower in unusually narrow trading ranges.

Market Closes - April 8, 2020
April 8, 2020
Market Closes - April 8, 2020

CBOT futures closed mostly narrowly mixed ahead of tomorrow’s monthly supply-demand report.  Both live cattle and feeder cattle futures closed sharply higher, adding to Tuesday’s limit-up moves. Lean Hog futures closed moderately lower on weakness in the cash hog and pork markets. 

Across Kentucky - April 8, 2020
April 8, 2020
Across Kentucky - April 8, 2020

Farm Credit Mid-America President & CEO Bill Johnson talks about the farm economy in the wake of COVID-19.

Listen here

Market Closes - April 7, 2020
April 7, 2020
Market Closes - April 7, 2020

CBOT futures closed widely mixed with strength in soybean oil and corn futures. Live cattle and feeder cattle futures closed up today’s $4.50 daily price limit. Lean Hog futures closed strongly higher with $3.00 limit-up moves through October LH.

Market Closes - April 6, 2020
April 6, 2020
Market Closes - April 6, 2020

CBOT futures closed narrowly mixed with 2% losses in soybean meal pressuring soybean and corn futures. Live cattle fell sharply in the nearby April LC (limit down) but the deferred contracts made strong gains. Lean Hog futures closed $1-4/cwt higher on technical buying and short-covering. 

A Different World; The Same Mission While dealing with COVID-19, Farm Families are Still Doing What They Do Best
April 6, 2020
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.