Articles Archive
Displaying 81 - 90 of 305 items
Weathering the Storm
By Jerry Pierce | KFBM Program Coordinator
Published
on Feb. 28, 2024
“Agriculture is by nature a cyclical industry.” So said the Federal Deposit Insurance Corporation (FDIC) in History of the Eighties - Lessons for the Future published in 1987. It still is, with net incomes cycling up and down over the decades. So how can farms “weather the storm” when farm income is cycling down?
Old Crop Balance Sheets and New Crop Projections: What would it take to get $6.00 Corn and $14.00 Soybeans?
By Grant Gardner | Assistant Extension Professor
Published
on Feb. 28, 2024
The first projections for the 2024/25 crop year were released on February 15th at the Ag Outlook Forum (AOF). These estimates indicate a more bearish situation in the 2024/25 marketing year than we are currently experiencing in 2023/24. As we came out of COVID/Russia-Ukraine-induced highs, prices have fallen rapidly.
Grain Profitability Outlook 2024
By Greg Halich | Associate Extension Professor
Published
on Feb. 28, 2024
Grain prices have dropped dramatically in the last year. Current prices for 2024 new crop delivery are around $4.15/bu for corn, $11.00/bu for soybeans (2/23/23). This is a decrease of around $1.00/bu for corn and $1.75/bu for soybeans compared to what these prices were expected one year ago (see Figure 1).
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
U.S. Beef Cow Inventory Continues to Decline
By Kenny Burdine | Extension Professor
Published
on Feb. 2, 2024
USDA-NASS released their January 2024 cattle inventory estimates on the afternoon of January 31st. Estimates came in pretty close to expectations and confirmed that the cowherd had continued getting smaller during the course of 2023. It was really a question of how much contraction had occurred.
Farm Bill Update – January 2024
By Will Snell | Extension Professor
Published
on Jan. 30, 2024
Following the expiration of the 2018 Farm Bill on September 30, 2023, Congress extended the 2018 Farm Bill late last year until September 30, 2024.
5 Commandments for Bale Grazing in the East
By Greg Halich | Associate Extension Professor
Published
on Jan. 30, 2024
Bale grazing in the eastern U.S. has its challenges compared to traditional, more Northern regions where the system is used. To be successful in areas with more moderate winters, you need to do a few things differently. In my experience, there are a number of fundamental concepts that need to be followed to make bale grazing work well here.
Kentucky’s Agricultural Districts Program
By Jerry Pierce | KFBM Program Coordinator
Published
on Jan. 30, 2024
Someone asked about Agricultural Districts recently. It sounded like a farm tax program, but I had to admit that I knew nothing about them, and that I would look into it.