CBOT futures posted bigger losses than we’ve seen in a while, with the closes near the day’s lows. Markets were pressured by disappointment in the amount of soybean sales to China that have been confirmed by USDA. Live Cattle closed mixed with Feeder Cattle posting small losses.

CBOT futures traded both sides of unchanged but closed narrowly mixed and generally mid-range or higher. While the US energy futures market was tanking and US equities were volatile, CBOT futures kept to about 1 percent ranges.  Cattle futures closed modestly higher after dropping on Monday.  Lean Hog futures dropped sharply for the second straight day, even though the pork cutout was higher in the morning.

Kentucky is ‘home to more than 75,000 farms. They produce everything from soybeans and poultry to horses and corn. Those families are looking to us for help and stability. And when President Trump signs our Farm Bill into law, more stability is just what they will get.’

December 12, 2018 - Today the House of Representatives passed a five-year Farm Bill. Congressman Comer, along with 368 other congressional colleagues, voted in support of the bill. The Agriculture Improvement Act (H.R. 2) includes many incremental wins for rural America. It fully protects crop insurance, makes significant improvements to rural broadband, and implements key changes to the Supplemental Nutrition Assistance Program (SNAP).

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American Farm Bureau President Zippy Duvall says he is excited about the new Waters of the U.S. Rule that will soon be released by the Environmental Protection Agency.  Duvall also previews the 100^th annual American Farm Bureau Meeting in New Orleans and talks about the organization’s service to agriculture.

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University of Kentucky Agriculture Economist Dr. Will Snell says agriculture income in Kentucky remained steady in 2018.  He talks about the agriculture economy, the major players in the ag economy, cash receipts and what has helped the agriculture economy remain strong.

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Kentucky Farm Bureau is partnering with the Kentucky 4-H Foundation to be an Emerald Sponsor of the 2019 4-H Emerald Gala in April.  4-H Foundation Executive Director Melissa Miller talks about the partnership, the Emerald Gala and how the organizations are both striving to develop exceptional leaders.

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