Economics News

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For more than 20 years, specialists with the University of Kentucky Integrated Pest Management Program have trapped moths of Kentucky’s major agricultural pests to give producers an early warning about potential outbreaks. A recent UK College of Agriculture survey shows this program is paying financial and environmental dividends for the agricultural industry.

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The 2012 drought greatly reduced Kentucky corn yields and left many producers wondering whether they have the protection they need in case of another disastrous season.

University of Kentucky College of Agriculture economist Cory Walters said producers can choose between two risk protection programs offered by the U.S. Department of Agriculture--the Direct and Counter-Cyclical Payment Program and the Average Crop Revenue Election.

The forestry sector added nearly $10 billion to Kentucky’s economy in 2012 according to the 2012-2013 Kentucky Forestry Economic Impact Report released by the UK Dept. of Forestry.

The upcoming field day will offer up-to-date information and cutting edge research regarding Kentucky wheat production.

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