Interest Rates and Grain Storage

By Grant Gardner | Assistant Extension Professor
Published on Aug. 29, 2023

For the 2023/24 marketing year, higher interest rates will negatively impact producers' costs for holding grain in storage, especially for producers utilizing operating loans.

Can I Afford to Buy A Farm?

By Kayla Brashears | KFBM Area Extension Specialist
Published on Aug. 29, 2023

A goal of many pursuing the American dream is home ownership. Similarly, the goal of a farmer is often to become a landowner. Like single-family residences, the financial decision to purchase farmland is clouded by emotional, social, and familial influences.

2023 Tobacco Update

By Will Snell | Extension Professor
Published on Aug. 29, 2023

The 2023 tobacco harvest is well underway for the 2023 season.  This is setting up to be a late harvested crop as early weather conditions delayed progress.  While there are pockets of very good crops, excessive rain has certainly had a negative impact on the crop in certain areas, especially the dark tobacco crop in the Purchase region.

Carbon Market Basics

By Jordan Shockley | Associate Extension Professor
Published on Aug. 7, 2023

Interest in carbon markets continues to grow as farmers, landowners, and companies seek ways to reduce greenhouse gas emissions and enhance environmental sustainability.

Summaries of Produce Auction Quantities and Prices Available Soon

By Savannah Columbia | Extension Associate
Published on Jul. 28, 2023

The produce auction is a marketing channel for growers producing fruit and vegetable crops, nursery crops, and ornamentals. There are several produce auctions located throughout Kentucky, Ohio, Illinois, Pennsylvania, and other bordering states.

Highlights of the 2022 Kentucky Equine Survey

By Jill Stowe | Professor
Published on Jul. 28, 2023

The University of Kentucky and the Kentucky Horse Council, in partnership with the U.S. Department of Agriculture National Agricultural Statistics Service, recently collaborated on the 2022 Kentucky Equine Survey.

Dairy Margin Coverage Provides Some Help in Challenging Milk Market

By Kenny Burdine | Extension Professor
Published on Jul. 28, 2023

Dairy producers continue to struggle with decreasing farm-level milk prices and high feed costs. For the first five months of 2023, the US All Milk price averaged $21.16 per cwt, which was more than $4 per cwt lower than the first five months of 2022. In fact, US All Milk dropped below $20 per cwt in May for the first time since October 2021.

An INFORMATION System

By Steve Isaacs | Extension Professor
Published on Jul. 28, 2023

Recordkeeping. Root canals. Airline seats. Kidney stones. Boring relatives. Wet dogs None of them are pleasant. Some should be avoided. Some of them are pretty important though. Keeping records for the farm business, for instance. Not pleasant (usually) but certainly important.

2022 Financial Overview of Kentucky Farms

By Tarrah Hardin | KFBM Area Extension Specialist
Published on Jun. 29, 2023

After coming off a record high Net farm income (NFI) in 2021, grain farms in Kentucky Farm Business Management (KFBM) program saw their net farm income decrease to levels below pre-pandemic.  Net farm income is the value of farm production less total operating expense and deprecation.

Kentucky Dairy Product Shoppers: Perceptions of Local Sourcing and the Environment

By Azita Varziri | Postdoctoral Scholar, Camille Stevens | Extension Associate, Shuoli Zhao | Assistant Professor, and Tim Woods | Extension Professor
Published on Jun. 29, 2023

A significant survey was completed during the early part of 2023, exploring the values and demand perceptions of Kentucky consumers of dairy products.  This survey of 827 individuals explored a wide range of attitudes and behaviors connected with a range of food sourcing and impact considerations.  Animal agriculture has received considerable at