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,

2024 Commodity Marketing Calendar

Published on Mar. 1, 2024

Our Commodity Marketing Calendar is an essential tool for any farm looking to maximize their profits and stay ahead of market trends. This comprehensive calendar provides detailed information on key events and factors that can impact commodity prices, helping businesses make informed decisions about when to buy or sell.

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?

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. 

Secrets of Successful Farm Managers

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

After spending over a decade analyzing a plethora of farm operations, I’ve learned a few things about what makes an operation successful. There isn’t a hidden formula anyone can follow to become successful, but there are best practices that operations can implement to position themselves favorably.   

The Economic Value of Applying Broiler Litter in the Fall 2023

By Jordan Shockley | Associate Extension Professor
Published on Nov. 29, 2023

Spring application of broiler litter is ideal for maximizing the economic value but faces challenges that include wet soil conditions, lack of time to spread litter near planting, and availability of litter in the spring.

The Corporate Transparency Act and its Potential Impact on Kentucky Businesses

By Jonathan Shepherd | Extension Specialist
Published on Nov. 29, 2023

On January 1, 2024, the Corporate Transparency Act (CTA) will go into effect, which has a potential impact on many of Kentucky's small businesses. This new law requires nearly all business entities to report their beneficial owners to the federal government.

What to Consider When Renting Out Your Farm

By Michael Forsythe | KFBM Area Extension Specialist
Published on Oct. 30, 2023

According to 2022 KFBM data, only 27% of land farmed by Kentucky farmers is owned by the farmer. The remaining 73% is typically comprised of landowners that may or may not have a background in farming.

Kentucky Farm Observations From Across the State

Published on Oct. 30, 2023

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

Depreciation Changes 2023

By Suzy Martin | KFBM Area Extension Specialist
Published on Sep. 29, 2023

It is important to understand the challenges facing tax preparers when it comes to accelerated depreciation and equipment purchases with trade-ins. The Tax Cuts and Jobs Act (TCJA) passed in 2018 had three significant changes to capital purchases and trade-ins.