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Statement from KFB President Mark Haney regarding proper labeling of meat products

Statement from KFB President Mark Haney regarding proper labeling of meat products

As a cattle producer, I am thankful to the General Assembly for passing House Bill 311 which will ensure lab-grown protein products are properly labeled for consumers. I would also like to thank Representative Michael Meredith for sponsoring this important bill.

KFB President Mark Haney's Statement on Waters of the U.S. Rule
February 21, 2019
KFB President Mark Haney's Statement on Waters of the U.S. Rule

As we move forward in our advocacy efforts related to water resource issues, I want to point out that the revised Waters of the US (WOTUS) rule has been posted on the Federal Register. I can’t tell you how important it is to have our voices heard regarding this matter, and how vital it has been for our farmers and ranchers to get this revised rule.

Market Closes - February 20, 2019
February 20, 2019
Market Closes - February 20, 2019

CBOT futures closed mixed with narrow gains in corn and soybeans and sharp losses in wheat futures.  Cattle futures closed steady to slightly higher in narrow trading ranges. LC was supported by winter storms impacting feedlots and weighed down by weaker boxed beef.  Lean Hog futures dropped sharply. 

2019 Kentucky Farm Bureau Congressional Tour
February 20, 2019
2019 Kentucky Farm Bureau Congressional Tour
Market Closes - February 19, 2019
February 19, 2019
Market Closes - February 19, 2019

Coming out of the 3-day weekend, traders were in no mood to buy futures. Futures headed lower as soon as the 830 am bell rung; the selling continued into the close except for soybeans and meal.  Cattle futures closed higher, supported by higher midday beef values and reduced slaughter last week. Lean Hog futures closed lower with $3.00/cwt limit-down losses in the first 5 contracts. 

February 15, 2019 - Legislative Report No. 4 - 2019 Kentucky General Assembly
February 15, 2019
February 15, 2019 - Legislative Report No. 4 - 2019 Kentucky General Assembly
Market Closes - February 14, 2019
February 14, 2019
Market Closes - February 14, 2019

CBOT futures closed sharply lower and near the day’s lows. Futures were pressured by news reports indicating the US/China negotiators are far apart on key issues and that President Trump may extend the negotiations through May. Cattle futures rebounded from early morning losses to close slightly higher near the day’s highs.