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.  

Kentucky Farm Bureau (KFB) has released the names of individuals elected to lead its new initiative, Generation Bridge. Amanda Gajdzik of Shelby County has been elected chair, Tammy White of Union County is vice chair, and Sarah Beth Guffey from Clinton County is secretary of this newly formed committee.

CBOT futures closed mostly lower and near the day’s lows, with sharp losses in soybeans and soybean meal. Cattle futures closed mostly higher but well off the day’s highs that were set about an hour into trading. Lean hog futures opened near steady but quickly headed lower and finished near the day’s lows. 

Agriculture Commissioner Dr. Ryan Quarles invites Kentucky’s youth to participate in the Kentucky Pollinator Stakeholders Art Contest. The contest is designed to educate the public on the benefits of pollinators and encourage behaviors that promote pollinator habitats across Kentucky.

Congressman Brett Guthrie received a Friend of Farm Bureau Award from KFB.

Listen here

CBOT futures resumed their strong rally, closing near the day’s highs and resulting in new contract high closes in corn, soybeans and wheat. CBOT futures resumed their strong rally, closing near the day’s highs and resulting in new contract high closes in corn, soybeans and wheat. Lean hog futures closed lower despite a strong pork market.