kentucky agriculture

Politics
8:05 am
Sun December 9, 2012

Hemp Industry Won't Grow Overnight, Agriculture Economists Say

Hemp grown in Great Britain.
Credit Adrian Cable/Creative Commons

As Kentucky and federal lawmakers consider legalizing industrial hemp, the chair of the University of Kentucky's agriculture economics department notes that such an industry won't rise overnight.

It's a matter of economic viability. The main question being: With corn, soybeans and other crops selling at record high levels, what would entice farmers to switch to hemp instead?

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Politics
2:10 pm
Thu December 6, 2012

Despite Drought, Ky. Agriculture Revenues Could Set Records

Credit Wikipedia Commons

Despite experiencing one of the worse droughts in U.S. history, agriculture economists in Kentucky are projecting record cash receipts for the state’s farmers.

During their annual outlook during the Kentucky Farm Bureau conference, economists from the University of Kentucky say they think Kentucky will break the $5-billion barrier in revenues this year.

Lead economist Will Snell says high prices for many crops -- along will increased exports and insurance payouts  -- helped offset the drought for many agricultural industries in Kentucky.

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Local News
4:24 pm
Fri August 10, 2012

Drought Devastates Kentucky Corn Crop

The hot, dry summer has taken a toll on Kentucky's corn crop, which could result in the lowest yields in nearly 30 years.

A government report issued Friday predicts an average statewide corn yield of 65 bushels an acre. That's down 74 bushels from last year's crop. And it would be the lowest yield since the 1983 crop produced 48 bushels per acre.

Corn production in Kentucky is forecast at nearly 97 million bushels, down 46 percent from last year.