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President's Column:  Finding the Positive in Trying Times

President's Column: Finding the Positive in Trying Times

It goes without saying, but the coronavirus pandemic has made the world we live in look very different than it did just a few months ago. We have had to learn to work remotely, meet virtually, and stay six feet apart from one another.

Market Closes - April 14, 2020
April 14, 2020
Market Closes - April 14, 2020

CBOT futures closed lower and near the day’s lows. Futures held up well overnight, but headed south after the 830 am CT reopening. Live and feeder cattle futures closed strongly higher following Monday’s limit-down moves. Lean Hog futures closed widely mixed due to uncertainty about hog plant closures.  

Market Closes - April 13, 2020
April 13, 2020
Market Closes - April 13, 2020

CBOT futures closed mostly lower to steady. The entire soy complex led the market to the downside.  Cattle futures closed down the daily limit of $3.00 in Live Cattle and $4.50/cwt in Feeder Cattle. Except for the soon-to-expire April LH contract, lean hog futures closed sharply lower with May and June LH locking down the daily $3.75 limit. 

Across Kentucky - April 13, 2020
April 13, 2020
Across Kentucky - April 13, 2020

USDA Deputy Secretary Steve Censky discusses the importance of America’s food production system.

Listen here

 
 
Across Kentucky - April 10, 2020
April 10, 2020
Across Kentucky - April 10, 2020

Kentucky Farm Bureau Women’s Committee Chair Judy Hayden talks about the importance of women in agriculture.

Listen here

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.