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May 17, 2019 - Statement From Kentucky Farm Bureau President Mark Haney on Trade and Tariffs

May 17, 2019 - Statement From Kentucky Farm Bureau President Mark Haney on Trade and Tariffs

In addition to being resourceful, hard-working and persistent, our nation’s farmers have been very patient. We have endured continued drops in net farm income, a host of natural disasters, and some of the most volatile commodity markets experienced in decades. 

Across Kentucky - March 26, 2019
March 21, 2019
Across Kentucky - March 26, 2019

A Hart County farmer has found his place in the hay industry as he produces top quality product for the horse industry.  Clayton Jarrell talks about how he got started in the hay business, the way he markets the hay from the farm and his family’s involvement in the farming operation.

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Across Kentucky - March 25, 2019
March 21, 2019
Across Kentucky - March 25, 2019

Farmers from Kentucky and surrounding states sold beef cattle of various breeds for top dollar at the Kentucky Farm Bureau Beef Expo this year.  Board Chairman John Chism talks about the number of head in the show and sale, how the cattle sold and the youth activities that took place this year.

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Market Closes - March 20, 2019
March 20, 2019
Market Closes - March 20, 2019

CBOT futures were mostly steady except for strong gains in wheat futures. Outside markets, including higher crude oil, were positive today with the US Dollar weakening as Treasury Yields fell sharply after the FOMC suggested it didn’t expect any interest rate increase in 2019. Lean Hog futures closed up the daily trading limit of $3.00/cwt (the limit is $4.50 tomorrow).

Market Closes - March 18, 2019
March 18, 2019
Market Closes - March 18, 2019

CBOT futures were mostly lower today, weighed down by poor export inspections for last week and a Chinese newspaper saying Trump/Xi won’t meet before June.  Cattle futures closed mostly higher with small gains. The April Live Cattle contract dropped .77 to 128.32 on pressure from Friday’s $127/cwt cash trade. LH posted big gains today as traders turn more bullish on Chinese pork demand because China’s ASF outbreak is still not under control.

March 15, 2019 - Legislative Report No. 8 - 2019 Kentucky General Assembly
March 15, 2019
March 15, 2019 - Legislative Report No. 8 - 2019 Kentucky General Assembly
Market Closes - March 14, 2019
March 14, 2019
Market Closes - March 14, 2019

CBOT futures closed mixed with gains probably attributable to short-covering by the very short spec funds. Cattle futures closed higher with better gains in the LC market. Lean Hog futures closed sharply higher, supported by stronger cash hog and pork values, as well as this morning’s very large pork export sales estimate.