Shelbyville Senator Paul Hornback favors moving the Governor's Office of Ag Policy to the KDA.

Listen here

Grain and soy complex futures rose sharply for a second day in a row. Live cattle futures closed slightly higher but feeder futures posted sizable losses due to the soaring corn market. Beyond the February LH, lean hog futures closed slightly higher.

Agriculture Commissioner Dr. Ryan Quarles and Kentucky farm groups are highlighting changes to the Paycheck Protection Program (PPP) benefiting Kentucky agricultural producers. PPP provides forgivable loans to small businesses to pay employees to keep them on the payroll. 

Grain and soy complex futures closed sharply higher but only erasing part of Friday’s huge losses. Cattle futures closed mostly higher except for light weakness in the nearby contracts. Lean hog futures closed higher as the 4-day bounce continues off last week’s lows.

KFB President Mark Haney says they support strong fiscal policy and good voting rules for the state.

Listen here

KFB Second Vice President Sharon Furches says Generation Bridge will develop new advocates for agriculture.

Listen here

CBOT futures closes narrowly mixed except for a sharp rally in soybean oil futures for a second day.  Ahead of Friday’s Cattle on Feed Report, cattle futures closed higher and near the day’s highs. Beyond the February LH contract, lean hog futures closed higher with the June/July LH hitting new contract highs. 

Corn, wheat and soybean/meal futures posted sizable losses again today as prices further correct off contract highs. Cattle futures closed mixed with live cattle lower and feeders higher. Lean hog futures opened steady but rallied strongly to close much higher.