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Farm Bureau Survey: Thanksgiving Dinner Cost Down for Third Straight Year

Farm Bureau Survey: Thanksgiving Dinner Cost Down for Third Straight Year

The American Farm Bureau Federation’s 33rd annual survey of classic items found on the Thanksgiving Day dinner table indicates the average cost of this year’s feast for 10 is $48.90, or less than $5.00 per person. This is a 22-cent decrease from last year’s average of $49.12.

“Since 2015, the average cost of Thanksgiving dinner has declined steadily and is now at the lowest level since 2010,” said AFBF Chief Economist Dr. John Newton.

Across Kentucky - November 15, 2018
November 8, 2018
Across Kentucky - November 15, 2018

Kentucky FFA returned home from the National FFA Convention with some impressive awards.  Executive Secretary Matt Chaliff talks about the winners from Kentucky, some top finishers, a record number of American FFA Degree recipients and four Kentuckians who were honored for their service.

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Across Kentucky - November 14, 2018
November 8, 2018
Across Kentucky - November 14, 2018

Many agriculture leaders across the state and nation are hoping Congress will pass the 2018 Farm Bill now that the mid-term elections are over.  Kentucky Farm Bureau President Mark Haney talks about the farm bill, why it is important, the inclusion of Industrial Hemp legislation and the implementation process.

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Across Kentucky - November 13, 2018
November 8, 2018
Across Kentucky - November 13, 2018

The Kentucky Farm Bureau Water Management Working Group is combining the agriculture community, conservation and other state partners to plan for the future water needs of the state.  Chairman Steve Coleman talks about the work of the group, the impact the work is having on Kentucky and the importance of planning for the future.

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Across Kentucky - November 12, 2018
November 8, 2018
Across Kentucky - November 12, 2018

The Kentucky Mesonet System will serve as the infrastructure for the Kentucky Early Warning Drought System, better known as KYDEWS, that is being implemented across the state.  State Climatologist Dr. Stuart Foster talks about the system, how it will work and the impact it will have on agriculture and all of Kentucky.

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Market Closes - November 7, 2018
November 7, 2018
Market Closes - November 7, 2018

CBOT futures closed mostly lower as traders positioned themselves for tomorrow’s latest crop production estimates and US/World supply-demand estimates. Traders on average expect USDA to lower corn and soybean yield just a touch.  Live cattle futures were slightly lower beyond the nearby December LC contract which gained 67 cents.

Market Closes - November 6, 2018
November 6, 2018
Market Closes - November 6, 2018

CBOT futures closed mixed with 0-2 cent losses in corn and soybeans and 3-7 cent gains in wheat contracts. Traders are generally waiting on the election results and the updated supply-demand estimates coming Thursday.  Cattle futures closed narrowly mixed, following Monday’s sharp losses. Support came from short-covering and strength in boxed beef.