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Kentucky Facing Unprecedented Drought

Kentucky Facing Unprecedented Drought

The Office of the State Climatologist and the Kentucky Energy and Environment Cabinet, in coordination with the Kentucky Drought Mitigation Team, are issuing a Level 2 for 78 counties and a Level 1 drought declaration for 42 counties.

Across Kentucky - June 25, 2019
June 20, 2019
Across Kentucky - June 25, 2019

Kentucky Agriculture and Horticulture Extension Agents from across the state are gathered in Owensboro for their annual conference this week.  Association President Greg Comer talks about the conference, what will take place, the professional improvement tours, awards and who will be attending.

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Across Kentucky - June 24, 2019
June 20, 2019
Across Kentucky - June 24, 2019

United States Senator Rand Paul is hoping the H2A and H2B Red Tape Reduction Act will help make it easier for farmers and others who use the Guest Worker program to get the manpower they need for their operations.  Senator Paul says the legislation, that is receiving bipartisan support, will make the application and reporting system electronic and will streamline other processes.

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Market Closes - June 19, 2019
June 19, 2019
Market Closes - June 19, 2019

CBOT futures closed lower with corn and soybeans ending 2-3 cents above the day’s lows. The move to the lows occurred in the last two hours of trading. Cattle futures closed lower as cash cattle trade is waiting for Friday’s Cattle on Feed report. Lean hog futures closed higher but remain near their 3-month lows.

Market Closes - June 18, 2019
June 18, 2019
Market Closes - June 18, 2019

CBOT futures closed mostly lower to near steady despite the friendly news that President Trump and China’s Xi will have an “extended” meeting during the G-20 (opportunity to advance trade negotiation). Cattle futures closed slightly higher as weak beef values and a slow cash market weigh. Lean Hog futures closed mixed with the Jly LH down 2 percent.

Market Closes - June 17, 2019
June 17, 2019
Market Closes - June 17, 2019

CBOT futures closed mostly higher, but only soybeans and soybean oil closed strongly (near the day’s highs). The overnight rally failed in corn and wheat. Cattle futures closed higher in apparent short-covering after steady selling hit market last week. Lean Hog futures closed higher on short-covering and bargain hunting following Friday’s sharp drop.

Market Closes - June 13, 2019
June 13, 2019
Market Closes - June 13, 2019

CBOT futures closed higher with corn taking the lead back from soybeans. With the rest of June looking wetter and cooler than normal, traders are more nervous about production potential this year. Cattle futures lost ground again today, especially the feeder futures which were also weighed down by the big increase in corn futures.