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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. 

Market Closes - April 30, 2019
April 30, 2019
Market Closes - April 30, 2019

Today’s CBOT closes were much like Monday’s with corn finishing near steady and soybeans and wheat closing around 6 cents lower.  Cattle closed lower with the expiring April LC down $1.02. June LC dropped 0.55 to 114.25, or a $9.50 discount to the April. Lean Hog futures closed lower on weaker pork values and continued selling by the spec longs.

Market Closes - April 29, 2019
April 29, 2019
Market Closes - April 29, 2019

Another bad day at the CME left futures at/near the day’s lows with soybeans, soybean meal and wheat futures hitting new contract lows.  Beyond the nearby April LC contract, cattle futures closed lower after testing the positive side of unchanged.  Lean Hog futures closed moderately lower as the selloff which started a week ago continued.

Market Closes - April 25, 2019
April 25, 2019
Market Closes - April 25, 2019

CBOT futures closed mostly higher after trading to new lows. The reversal-type action was more impressive in corn. Cattle futures closed sharply lower on follow-through selling (funds liquidating) after prices fell below key technical support levels on Wednesday. Lean Hog futures also dropped sharply with the June-December LH contracts locking limit-down ($3.00/cwt).

Across Kentucky Promo - April 29, 2019 - May 3, 2019
April 25, 2019
Across Kentucky Promo - April 29, 2019 - May 3, 2019

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Across Kentucky - May 3, 2019
April 25, 2019
Across Kentucky - May 3, 2019

More than 150-thousand people are expected at Churchill Downs Saturday for the 145th running of the Kentucky Derby.  Churchill Downs Communications Manager Darren Rogers talks about the race, the favorites and some special events planned this year to memorialize the late John Asher, who served as Vice-President of Racing Communications until his untimely death last summer.

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Across Kentucky - May 2, 2019
April 25, 2019
Across Kentucky - May 2, 2019

Environmental Protection Agency Administrator Andrew Wheeler says proper and fair implementation of the Waters of the US rule is one of three priorities in 2019.  Wheeler says the EPA will be working on a standardized rule, fair implementation and making sure all inspectors are on the same page this year.

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