The Kentucky Cattlemen’s Association recently honored four people who have made outstanding contributions to the Kentucky Cattle Industry.  Executive Director Dave Maples talks about each of the four men that were inducted into the Hall of Fame during the KCA annual convention earlier this month.

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CBOT futures closed strongly higher with KC/Chicago Wheat leading the way up. Today’s big gains resulted from today’s sharp drop in the value of the US Dollar.   LC futures were supported by positive follow-through following strong gains Monday and Tuesday.

Kentucky Farm Bureau’s (KFB) latest Marketbasket Survey indicates food prices dropped once again during the fourth quarter of last year. This continues a trend seen throughout the last two years of the survey.

CBOT futures closed mixed. Soybean futures recovered from an early morning sharp decline to close higher for the seventh straight trading day.  Cattle futures closed higher as the market continued to be supported by the inclement weather and ideas the cash market will firm this week.

Soybean and soybean meal futures have closed higher for 6 straight trading days. The soybean rally is due to the strength in soybean meal.  Live cattle futures closed moderately higher, supported by a surge in cash cattle prices on Friday afternoon to a reported $123/cwt.  Lean Hog futures closed slightly lower but at/near the day’s lows. 

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The Kentucky Fruit and Vegetable Growers Incentive Program is already generating some excitement about summer feeding programs using locally-grown fruits and vegetables.  Kentucky Agriculture Commissioner Ryan Quarles discusses the program and where the funding comes from.

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