Newsroom - Kentucky Farm Bureau

Newsroom

Market Closes - July 25, 2016
July 25, 2016
Market Closes - July 25, 2016

CBOT futures closed mixed as U.S. weather continues to ease concerns of production problems.  November soybean futures hit a new low for this move and are at 3-month lows.  Many cattle futures (through December 2016) contracts closed LIMIT UP as traders were encouraged by Friday’s friendly Cattle on Feed Report and the discount August LC have to the last cash trade near $115/cwt.

Market Closes - July 22, 2016
July 22, 2016
Market Closes - July 22, 2016

CBOT futures closed mixed but only after a day with wide trading ranges – corn, 10 cents; soybeans, 50 cents; wheat, 19 cents).  Live and Feeder cattle futures closed sharply higher today with Live erasing yesterday’s large losses. The rally was fueled by short-covering and profit-taking ahead of the weekend.

Market Closes - July 21, 2016
July 21, 2016
Market Closes - July 21, 2016

CBOT futures closed mostly higher but corn futures made new life-of-contract low closes. Pressure came from expectations that weather will be more favorable after the extreme heat this week.   Cattle and hog futures closed sharply lower on weaker product values and traders’ concern for consumer demand, especially during the extreme heat.

Across Kentucky Promo July 25, 2016 - July 29, 2016
July 21, 2016
Across Kentucky Promo July 25, 2016 - July 29, 2016

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Across Kentucky - July 29, 2016
July 21, 2016
Across Kentucky - July 29, 2016

American bee hives have been taking a hit in recent years experiencing an over-winter loss in many colonies of up to 40%, much of that due to the Varroa Mite.  Ky Ag Dept, State Apiarist, Tammy Horn Potter talks about some research at Purdue University where they’ve discover that some hive queens have developed a “mite biting” trait, which will help fight against losses from that insect.  Purdue is beginning a program of sharing that genetic trait with beekeepers across the country.

Across Kentucky - July 28, 2016
July 21, 2016
Across Kentucky - July 28, 2016

A report on a Harlan County apple producing family who, in the 80’s, was the first to develop the “Scarlet Gala,” a red version of the Gala apple, a crop which up to that time had all been yellow.  Terry Creech is featured talking about that early mutation on the family farm, and also about their ability to grow the Honeycrisp apple on nearby Black Mountain at an elevation of 4,100 feet.

Across Kentucky - July 27, 2016
July 21, 2016
Across Kentucky - July 27, 2016

Kentucky’s “Farm to Food Banks Program” offers a way for produce farmers to sell their “seconds” or deal with market disruptions in the sale of their fruits and vegetables.  Ultimately the farmer can sell his product through this program enabling him to recover the cost of production inputs.  At the same time that produce goes on to food pantries to help feed the hungry. Feldhaus visits with one of the “middlemen” in that process, Clay Black, with the Purchase Area Development District.

Across Kentucky July 26, 2016
July 21, 2016
Across Kentucky - July 26, 2016

UK’s Corn, Soybean, and Tobacco Field Day is set for this Thursday morning at the Princeton Research and Education Center.  Extension specialist Carl Bradley is on the program and offers an overview of the schedule. He also suggests that this traditional format for providing research data to farmers is, perhaps, one of the most effective, mostly because of instant feedback and dialogue between farmer and researcher.

Across Kentucky July 25, 2016
July 21, 2016
Across Kentucky - July 25, 2016

A feature report on Justin McKinney who has just been named Director of Farms for the ag department at Eastern Kentucky University.  McKinney talks about his background at the University of Florida, the value of research and extension, and the facilities at EKU which he says are top notch for ag students in the region.

Market Closes - July 20, 2016
July 20, 2016
Market Closes - July 20, 2016

CBOT futures closed lower after trading steady or higher overnight into early this morning. Corn and wheat began selling off after 930 am CT. Traders seemed to have discounted the impact of the next few days of very hot temperatures given forecasts of less heat and more rain next week.   Cattle futures closed strongly lower, adding to Friday’s losses.