Articles Archive
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Burley 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 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
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
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.
Cow-Calf Profitability Estimates for 2023 and 2024 (Spring Calving Herd)
By Greg Halich | Associate Extension Professor,
Jonathan Shepherd | Extension Specialist,
and Kenny Burdine | Extension Professor
Published on Feb. 28, 2024
The purpose of this article is to examine cow-calf profitability for a spring calving herd that sold weaned calves in the fall of 2023 and provide an estimate of profitability for the upcoming year, 2024. Table 1 summarizes estimated costs for a well-managed spring-calving cowherd for 2023. Every operation is different, so producers should eva
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?
