Building Bridges in Agriculture: Highlights from the 2024 Agribusiness & Industry Career Fair

Published on Oct. 16, 2024

Agriculture is more than farming; it's a vast network of interconnected industries that relies on relationships, collaboration, and shared knowledge.

Braden Porter: University of Kentucky Law Student

Published on Oct. 14, 2024

We're shining a spotlight on Braden Porter, one of our distinguished alumni who exemplifies the spirit of the Agricultural Economics program.

Family Living and Net Farm Income

By Suzy Martin | KFBM Area Extension Specialist
Published on Sep. 27, 2024

The average family living costs for the 119 Kentucky Farm Business Management (KFBM) farm families whose 2023 living expenses were included in the family living study was $88,522 or $7,375 per month. Their average Net Farm Income (NFI) was $123,618.

Understanding ESG and Its Impact on Agriculture

By Jordan Shockley | Associate Extension Professor
Published on Sep. 27, 2024

As companies continue their quest to mitigate their carbon footprint, achieving a “net-zero” goal is one slice of their sustainability pursuit. There are three main factors that are used to assess the sustainability and ethical impact of a company’s operation.

Fall 2024 Wheat Planting Decision

By Greg Halich | Associate Extension Professor
Published on Sep. 27, 2024

Corn harvest is now underway and Kentucky grain farmers will soon decide if and how much wheat they will plant this fall.  Compared to last year there is a drop in both soybean and wheat prices, a drop in fuel price, and mostly stable fertilizer prices.

Brannon International Fund Opens Global Opportunities for Students: Graduate Team Competes in Spain and Gains Real-World Experience

Published on Sep. 4, 2024

The Brannon International Fund continues to open doors for students, faculty, and staff within our department, offering life-changing opportunities for global engagement and experiential learning.

Kentuckians' Consumer Perceptions of Local Dairy and Other Local Food Options

By Tim Woods | Extension Professor and Camille Stevens | Extension Associate
Published on Aug. 29, 2024

In an era where food choices are abundant, there is a growing trend towards supporting local agriculture. One of the most impactful ways to embrace this movement in Kentucky is by purchasing local dairy products, meat, as well as fruits and vegetables.

Avoid Costly Fines: What You Need to Know About New Beneficial Ownership Reporting Rules

By Laura Powers | KFBM Area Extension Specialist and Suzy Martin | KFBM Area Extension Specialist
Published on Aug. 29, 2024

In 2021, Congress passed the Corporate Transparency Act, requiring certain entities to report information on their owners and those who have a certain level of control over the entity, referred to as Beneficial Ownership Information (BOI). This law became effective January 1, 2024.

What to Think About Going into Harvest?

By Tarrah Hardin | KFBM Area Extension Specialist
Published on Aug. 29, 2024

As we are moving into harvest there are couple of things to think about in terms of farm finances.  This year, net farm income is expected to decline and many farmers are worried about how they will cash flow the rest of the 2024 crop year. Now is the time to think about what can be done to help from seeing a significant decrease this year.

To Store or Not to Store? Old Crop Exit Strategies

By Grant Gardner | Assistant Extension Professor
Published on Aug. 29, 2024

The June Grain Stocks report indicated 37% more corn and 44% more soybeans stored on-farm than last year, indicating that many producers still have grain in storage (Maples, 2024). Some of this stock has likely been sold, but many producers are still sitting on old crops, trying to determine whether to hold through harvest or sell.