Newsroom - Kentucky Farm Bureau

Newsroom

Across Kentucky - February 16, 2017
February 9, 2017
Across Kentucky - February 16, 2017

Kentucky Ag Commissioner Ryan Quarles is encouraging all citizens to help feed the hungry by checking box 33 on their state tax returns.  That action will make a donation to the “Farms to Food Banks Trust Fund” to help produce farmers turn “seconds” into nutritious meals for Kentucky’s less fortunate.  Quarles discusses several items on the department’s legislative agenda for this 2017 General Assembly.

Across Kentucky - February 15, 2017
February 9, 2017
Across Kentucky - February 15, 2017

A report with the administrator of USDA’s National Agriculture Statistics Service, Hubert Hamer, who says that agency, and others, have seen a decline in the response rate to their survey requests throughout the year.  He was making a pitch to farmers at the recent Ky Commodity Conference to be sure and respond to their requests as most often the information they receive is utilized in safety net programs to help farmers.

Across Kentucky - February 14, 2017
February 9, 2017
Across Kentucky - February 13, 2017

A feature report with Kim Rominger, CEO of the United Farm Equipment Dealers Association who sets the scene for farm equipment demand trends for 2017.  He says current economic conditions on the farm have lead to a surplus of quality, and some bargains on low-hour farm equipment that needs to be moved from the pipeline as new models hit the show rooms.

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Across Kentucky - February 13, 2017
February 9, 2017
Across Kentucky - February 14, 2017

Farm Bureau state leadership from Kentucky, Tennessee and Indiana will host a farm issues panel this Friday at the National Farm Machinery Show.  Event coordinator Ky Farm Bureau’s Joe Cain says the panel presentation is open to all, and will focus on the upcoming farm bill, international trade, and any issue of interest to those who attend.

Market Closes - February 8, 2017
February 8, 2017
Market Closes - February 8, 2017

CBOT futures closed higher with the soy complex leading the way. Soybeans were supported by signs of export business and aggressive spec fund buying adding to an already large long position.  Cattle futures closed moderately lower (near the day’s lows) after opening the day near steady. Futures were pressured by recent weakness in boxed beef values and ideas that cash cattle prices will soften.

Joining forces for young farmers and rural communities
February 8, 2017
Joining forces for young farmers and rural communities

As a generation of farmers gradually transfers farm management and responsibilities to the next, it’s important the handoffs are smooth and successful. 

Market Closes - February 7, 2017
February 7, 2017
Market Closes - February 7, 2017

CBOT futures traded wide ranges today but closed strongly near the day’s highs.  Prices were supported by export demand for corn and soybeans and technical buying ahead of Thursday’s WASDE report. Cattle futures closed moderately higher with the nearby February LC contract performing the best. Following through on Monday’s strong market, Lean Hog futures gapped higher at the open and closed strongly higher on buying encouraged by a higher midday pork market and technical buying. 

Wildlife Issues High on the KFB Priority List
February 7, 2017
Wildlife Issues High on the KFB Priority List

During Kentucky Farm Bureau’s recent annual meeting, one of the priority issues approved by its board related to wildlife populations.

Market Closes - February 6, 2017
February 6, 2017
Market Closes - February 6, 2017

CBOT futures closed mixed with corn and wheat futures closing near the day’s lows on late-day weakness. Soybean futures were supported by wet conditions in Argentina, strong soybean export inspections and China returning from holiday.  Cattle futures closed little changed on a lack of market news in cash cattle markets and from a relatively stable boxed beef market.  Lean Hog futures closed moderately higher on strength in cash hog prices and the pork cutout.

Market Closes - February 3, 2017
February 3, 2017
Market Closes - February 3, 2017

CBOT futures closed mostly lower with the largest loss in soybean oil. With soybean harvest advancing in South America and large crops expected, buying interest was reduced going into the 3-day weekend – Presidents Day on Monday. Cattle futures traded narrowly mixed with a weaker boxed beef market. Choice beef closed down 1.61 at 191.40 and Select lost .69 to 189.93.