Drivers of Commodity Prices: Exports

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

Since the onset of COVID, agricultural commodity charts have resembled the track of a roller coaster, with huge peaks and valleys. Global geopolitical events and conflict intensify these peaks and valleys. During the 2023/24 marketing year, commodity prices have transitioned downward.

Spring 2024 Farm Observations Across Kentucky

Published on Apr. 29, 2024

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

Custom Machinery Rates Applicable to Kentucky (2024)

By Greg Halich | Associate Extension Professor
Published on Apr. 17, 2024

These custom rates are based on reported surveys in Ohio, Indiana, Missouri, Iowa, Wisconsin, and Kansas. The rates calculated here are averages for these states and are adjusted to account for changes in fuel price, machinery costs1, and wages2 from the time of the reported surveys.

The Ag Census Confirms Geographic and Commodity Shifts in the Kentucky Farm Economy

By Will Snell | Extension Professor
Published on Mar. 28, 2024

The twenty-year time frame between the latest USDA Ag Census (2022) released earlier this year and the 2002 Ag Census occurred during a period of dramatic changes in Kentucky agriculture.  During this two-decade period, the tobacco buyout was passed (in 2004) and implemented (2005-2014), the Kentucky Agricultural Development Board made significa

Stocker Outlook for 2024

By Greg Halich | Associate Extension Professor and Kenny Burdine | Extension Professor
Published on Mar. 28, 2024

Temperatures are getting warmer, the grass is getting greener, and the calf market is starting to take off.  These are tell-tale signs of spring in Kentucky, and we are experiencing all three.

Maximizing Value: 2024 Spring Application of Broiler Litter for Grain Crop Production

By Jordan Shockley | Associate Extension Professor
Published on Mar. 28, 2024

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,

Dark Air Wrapper Tobacco Budget | 2024

By Will Snell | Extension Professor
Published on Mar. 1, 2024

Revised March 2024.  Author(s) Contact Information:  Alan B. Halloway | University of Tennessee Mitchell Richmond | University of Tennessee Andy Bailey | University of Kentucky

Dark Fired Wrapper Tobacco Budget | 2024

By Will Snell | Extension Professor
Published on Mar. 1, 2024

Revised March 2024.  Author(s) Contact Information:  Alan B. Halloway | University of Tennessee Mitchell Richmond | University of Tennessee Andy Bailey | University of Kentucky

Price Dynamics at Kentucky Farmers Markets, 2021-2023

By Brett Wolff | Extension Specialist
Published on Feb. 28, 2024

In a previous Economic and Policy Update article, 2023 Kentucky Vegetable & Fr

2022 Tobacco Census Data for Kentucky

By Will Snell | Extension Professor
Published on Feb. 28, 2024

The USDA conducts an agricultural census every five years with the latest released on February 13, 2024, reflecting data compiled from farm operations in 2022.  Below are some highlights from the 2022 Ag Census pertaining to Kentucky’s tobacco sector which arguably has experienced the largest structural change of any sector and state in U.S.