2025 Kentucky Legislative Session Update for Kentucky Farmers

By Emily Spencer | Extension Associate
Published on May. 30, 2025

The 2025 session of the Kentucky General Assembly concluded on Friday, March 28th.  There were 533 Senate, and 907 House bills and resolutions introduced of which 50 Senate and 96 House bills became law. 

Crop Budgeting is Vital in our Current Farm Environment

By Jennifer Rogers | KFBM Area Extension Specialist
Published on May. 30, 2025

There have been many conversations this spring surrounding crop projections and budgets.  With the fear of instability in the crop markets due to foreign trade policy and the continued high costs of inputs, the profit margin for most row crop enterprises seem tight.  These tight margins have emphasized the importance of projecting revenues and e

Could Bourbon Help Kentucky Producers Survive Another Tradewar?

By Grant Gardner | Assistant Extension Professor and Tyler Mark | Professor
Published on May. 30, 2025

International markets support U.S. agriculture, particularly in Kentucky, which benefits from its proximity to the Mississippi River, enabling quick and low-cost transportation to Louisiana ports.

Historical Review of “Government” Payments to Kentucky Farmers

By Will Snell | Extension Professor
Published on May. 30, 2025

Currently, there are a plethora of policy actions being discussed in our nation’s capital affecting agriculture, ranging from the farm bill debate to tax policy modifications, and of course, the on-going trade policy developments.

KFBM Spring 2025 Observations

Published on Apr. 30, 2025

The Kentucky Farm Business Management Program is a program of the Department of Agricultural Economics at the University of Kentucky.

Into the Woods: The Tax Uncertainty of Carbon Contracts

By Jonathan Shepherd | Extension Specialist and Jordan Shockley | Associate Extension Professor
Published on Apr. 30, 2025

As woodland landowners look for income diversification opportunities, they may explore the potential of carbon sequestration as a revenue stream, particularly the potential income from woodland carbon programs. The federal income tax implications of this type of income are still not fully addressed in current tax law.

2024 Tax Deadlines for Kentucky Extended

By Jerry Pierce | KFBM Program Coordinator and Jonathan Shepherd | Extension Specialist
Published on Mar. 31, 2025

The deadline for filing many current Federal tax returns has been extended to November 3, 2025, for individuals and businesses in Kentucky. This comes as a result of a Federally declared disaster for the entire state.

Maximizing Value: 2025 Spring Application of Broiler Litter for Grain Crop Production

By Jordan Shockley | Associate Extension Professor
Published on Mar. 31, 2025

Spring is here and grain producers across the state are gearing up for planting.  One of the many decisions producers have to make before planting is in regard to their nutrient management plan.  Broiler litter provides a great opportunity as a complete fertilizer and is being produced and used throughout the state in grain production.  However,

Stocker Outlook for 2025

By Greg Halich | Associate Extension Professor and Kenny Burdine | Extension Professor
Published on Mar. 31, 2025

The cattle market has been on a tear since early 2023 with feeder cattle prices at levels not seen before. As we write this in mid-March, calf prices in the Commonwealth are running about $30-$40 per cwt higher than the same time last year and $60-$70 per cwt higher than last year’s fall lows.

Oh BOI! Big Changes to Reporting Requirements under the Corporate Transparency Act

By Jonathan Shepherd | Extension Specialist
Published on Mar. 31, 2025

The Corporate Transparency Act (CTA) was passed into law in January 2021 but didn't take effect until January 2024.