A Hodgenville farmer will lead the Kentucky Soybean Promotion Board during the next year.  First generation farmer Ryan Bivens talks about the importance of giving back to the industry he is a part of, how soybean checkoff dollars are being used, the importance of farmers seeing a return on their investment and how the board manages the funds. 

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Not only does the Kentucky State offer a variety of food, rides and shows, it also bridges the gap to connect rural and urban Kentucky.  Kentucky Venues President David Beck talks about the connection, the importance of Agland and the opportunity for farmers to share their stories with those who attend the fair this year.

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Excitement is building for the kickoff of the Kentucky State Fair Thursday, August 15.  Kentucky Venues President David Beck talks about the fair, how many people will come through the gates, where people come from and the important role the fair plays in showcasing Kentucky Agriculture.

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Kentucky celebrated farmers markets last week with Agriculture Commissioner Ryan Quarles recognizing the importance.  Commissioner Quarles talks about the number of farmers markets in the state, where they are located, what they offer customers and how they impact each community.

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CBOT futures closed steady to slightly higher, but near the day’s highs. There was little new in the market today as traders prepare for Monday’s USDA crop reports. Cattle futures closed mostly higher except for nearby feeder cattle.  Lean hog futures closed strongly higher beyond the nearby August LH.

CBOT futures traded lower overnight but rallied throughout the day session even as the U.S. equity markets were falling lower and lower due to the escalation of the US/China trade dispute.  Cattle futures closed variably higher after suffering sharply lower opening trade due to the sharp losses in equities and other commodity futures.  Lean Hog futures closed extremely mixed with the August LH up 1.57 and the May20 LH down 2.97.

Grain futures followed the lead of the financial markets in dropping sharply as news broke that President Trump will place a new 10% tariff on $300 billion of Chinese products effective September 1.  Live Cattle futures closed higher, recovering much of yesterday’s losses. LC ignored the negative news and price action in many other ag futures and the US financial markets.  Lean Hog futures beyond the nearby August LH closed sharply lower, adding to yesterday’s limit-down losses.

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