Newsroom - Kentucky Farm Bureau

Newsroom

Market Closes - April 3, 2017
April 3, 2017
Market Closes - April 3, 2017

CBOT futures closed mixed with prices continuing to react to Friday’s USDA reports on grain stocks and prospective plantings.  The reports were generally negative for soybeans and positive for corn.  Cattle futures closed lower with traders believing the cash market will continue to move lower; this was supported by a weaker boxed beef market. 

Market Closes - March 30, 2017
March 30, 2017
Market Closes - March 30, 2017

CBOT futures closed lower with wheat and soybeans closing near the day’s lows. Corn traded narrow ranges while soybean futures dropped to new lows for this down move that started in February. Traders prepared for tomorrow’s USDA reports.  Cattle futures closed moderately lower with the trend returning downward after yesterday’s one-day bounce.

Across Kentucky April 3, 2017 - April 7, 2017
March 30, 2017
Across Kentucky April 3, 2017 - April 7, 2017

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Across Kentucky - April 7, 2017
March 30, 2017
Across Kentucky - April 7, 2017

A feature story with Danny VanMeter, a Grayson County leader in strawberry production.  He says interest in strawberry production is on the rise.  He says spending nights in the field, protecting the crop from freezes like the one last month are just one of the challenges; but he feels a growing number of producers could find the crop very rewarding. 

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Across Kentucky - April 6, 2017
March 30, 2017
Across Kentucky - April 6, 2017

It was the warmest end of winter that UK Horticulturist, John Strang, has ever seen; and then came the mid-March freeze.  All in all, peaches took a major hit in some regions, but damage to other fruits could have been far, far worse.  

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Across Kentucky - April 5, 2017
March 30, 2017
Across Kentucky - April 5, 2017

There’s a 2018 Farm Bill planning session scheduled for April 10 at Hopkinsville Community College, and a guest speaker will be Kentucky’s new 1st district congressman, James Comer, a member of the House Ag Committee.  Ky Farm Bureau’s Joe Cain discusses some of the various elements of this federal safety net for the nation’s farmers.

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Across Kentucky - April 4, 2017
March 30, 2017
Across Kentucky - April 4, 2017

A case of low pathogen avian influenza has turned up in western Kentucky.  Ky Ag Department State Veterinarian, Bob Stout says it may have arrived via migrating wild fowl, and efforts are now underway to contain the occurrence. He encourages all poultry producers to take all bio-security measures on their farms to prevent any further outbreak.

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Across Kentucky - April 3, 2017
March 30, 2017
Across Kentucky - April 3, 2017

Part of the Kentucky Forest Industries Association annual meeting this week in Lexington will be a major focus on white oak production.  UK forester, Jeff Stringer, says there’s high demand from both the bourbon and wine industries, and industry officials want to make sure this valuable crop is handled sustainably for its long term value to Kentucky.

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Market Closes - March 29, 2017
March 29, 2017
Market Closes - March 29, 2017

CBOT futures had another day of small price changes as traders are focused on Friday’s USDA reports. Large crops in South America and the bearish bias of the spec funds should cap futures until new fundamentals appear.  Cattle futures closed higher on short-covering.  

Market Closes - March 28, 2017
March 28, 2017
Market Closes - March 28, 2017

CBOT futures closed steady to higher with fairly narrow trading ranges. Cattle futures closed slightly higher following Monday’s big losses.  Lean Hog futures closed moderately lower, adding to sharp losses the past two trading days.