Start Date
2-20-2014 11:45 AM
Description
Kentucky grain farmers have experienced several successful years seeing high prices and good yields, with the exception of the drought in 2012. If you were insured in 2012, which most lenders required, you probably also came out with a profit during that challenging time. Alfalfa producers in Kentucky have also seen high prices and decent yields. While the drought of 2012 affected them, most still harvested an 80 % crop with extremely high prices and demand. The fact that alfalfa is a deep rooted plant, coupled with timely rains proved beneficial to this group.
Included in
Advances in Alfalfa Promotion
Kentucky grain farmers have experienced several successful years seeing high prices and good yields, with the exception of the drought in 2012. If you were insured in 2012, which most lenders required, you probably also came out with a profit during that challenging time. Alfalfa producers in Kentucky have also seen high prices and decent yields. While the drought of 2012 affected them, most still harvested an 80 % crop with extremely high prices and demand. The fact that alfalfa is a deep rooted plant, coupled with timely rains proved beneficial to this group.