Items: Extension Article
Liquidation of the U.S. Beef Herd Continues, but at a Slower Pace than Expected
By Kenny Burdine | Extension Professor
Published on Feb. 2, 2021
USDA-NASS released their January 1, 2021 cattle inventory estimates on the afternoon of Friday, January 29th. The U.S. beef cow herd was estimated to be down by 0.6%, which was a smaller decrease than most had expected.
Continued Declines in Hemp Profitability Mixed with Marginal Profit Potential for 2021
By Jonathan Shepherd | Extension Specialist and Tyler Mark | Professor
Published on Jan. 28, 2021
According to the Kentucky Department of Agriculture, Kentucky started 2020 with 32,000 approved acres of hemp.
ARC vs PLC – The Basics
By Will Snell | Extension Professor
Published on Jan. 28, 2021
The 2014 Farm Bill developed two programs to provide income support for specified row crops. -- the Agricultural Risk Coverage (ARC) and the Price Loss Coverage (PLC) programs. These risk management programs were reauthorized in the 2018 Farm Bill with slight modifications and remain in effect for the 2019-2023 crop years.
More Government Money on the Way for Kentucky Farmers
By Will Snell | Extension Professor
Published on Jan. 28, 2021
The latest COVID-19 stimulus package (Consolidated Appropriations Act of 2021) contains more funding for U.S. agriculture. Last year, U.S. farmers received an estimated $46 billion of direct federal funding, accounting for nearly 40% of projected U.S.
Paycheck Protection Program Update
By Jerry Pierce | KFBM Program Coordinator
Published on Jan. 20, 2021
The Economic Aid Act reauthorized the Small Business Administration (SBA) Paycheck Protection Program (PPP) through March 31 and made several modifications beneficial to farmers. It also authorizes second draw PPP loans. The application deadline has been extended to May 31.
Additional CFAP Funding Announced
By Kenny Burdine | Extension Professor and Will Snell | Extension Professor
Published on Jan. 19, 2021
USDA announced on this past Friday that additional Coronavirus Food Assistance Program (CFAP) payments (labeled CFAP 2.1) will be made for certain producers using leftover funds from the first two rounds of CFAP.
Cantaloupe, Watermelon, and Pumpkin Market Trends for Kentucky
By Savannah Columbia | Extension Associate and Tim Woods | Extension Professor
Published on Jan. 6, 2021
Cantaloupe, watermelons and pumpkins have been important crops for Kentucky, especially moving through the auctions. These commodities clicked on all cylinders during 2020 in the context of the pandemic. Some of the opportunities related to strong short-term prices associated with the strong demand for local products. Good grow
Communication in Stressful Times
By Steve Isaacs | Extension Professor
Published on Nov. 25, 2020
2020 has been a stressful year. That sentence is a serious contender for Understatement of the Year. Pandemics, politics, and paradigm shifts have provided no shortage of stressful situations. Lives, families, jobs, schools, commerce, and social lives have all been disrupted.
Estimates of What it is Going to Cost Me to Destroy my "HOT" Hemp Crop
By Jonathan Shepherd | Extension Specialist and Tyler Mark | Professor
Published on Nov. 25, 2020
We recognize that no one plants a crop with expectations of having to destroy the crop. However, the risk of producing a hemp crop that is non-compliant is a real risk and has a genuine cost associated. As hemp genetics evolve, the risk of destruction will dissipate.
2020 Tax Update
By Suzy Martin | KFBM Area Extension Specialist
Published on Nov. 25, 2020
Despite all the events of 2020, the tax law changes were minimal.
