CBOT futures closed widely mixed with big trading ranges across the board. Cattle futures closed mixed with live cattle down slightly and feeder cattle a little higher, despite the stronger corn close. Lean hog futures closed sharply lower with the August LH down the daily $3.00 limit (means Tuesday’s limit is $4.50 for all LH contracts). 

KFB President Mark Haney says federal tax proposals threaten the future of family farms.

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KFB Director of Young Farmer Programs Jackson Tolle says IFAL is a great opportunity for rural ag youth.

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CBOT futures closed sharply lower to as much as limit-down in some contracts as the spec funds dumped portions of their long positions. Live cattle futures closed sharply lower while feeder futures ended more narrowly mixed. Lean hog futures closed sharply lower to expanded-limit down (July, Aug LH) following yesterday’s $3.00 limit losses. 

KFB President Mark Haney says American Rescue Plan funds will help the Commonwealth grow after the COVID pandemic.

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KFB First Vice President Eddie Melton says technology enables farmers to protect the environment and produce more.

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Kentucky 4-H Executive Director Melissa Miller says the State Teen Conference is coming to the UK campus in Lexington.

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CBOT futures closed mixed following today’s midday USDA reports which created extreme volatility and trading ranges right after the report’s release. Cattle futures closed slightly higher with feeders ending near the highs. Lean hog futures closed mostly higher with slight gains as prices are at contract highs. LH was supported by stronger cash hog prices and steady pork cutouts.