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Kentucky is an agricultural producer in the United States. Value of agricultural products was $5 billion in 2012, of which slightly less than half was crops. [1] Crops grown in the state include corn, soybeans, hay, wheat and tobacco. [2] Historically, hemp has been a cash crop in the state (see hemp in Kentucky).
The agent must be familiar with livestock farms and crop producing farms to determine the market value of the property. [1] Value of the property is determined with the expected return on investment of the farm business. Farm machinery are often included as part of the transaction. In many cases, farm machinery are worth more than $1 million.
The Kentucky Commissioner of Agriculture is an elected position in the Commonwealth of Kentucky. The Commissioner of Agriculture serves as head of the Kentucky Department of Agriculture. The commissioner manages agriculture markets, rural development, and the Kentucky Proud Program. The current commissioner of agriculture is Jonathan Shell .
What Kentucky needs is a Commissioner of Agriculture focused on creating and developing new markets for Kentucky agricultural products. By expanding the economic opportunities for our farming ...
Alltech is an American company, headquartered in Nicholasville, Kentucky, with operations in animal feed, meat, brewing, and distilling. [2] Alltech develops agricultural products for use in both livestock and crop farming, as well as products for the food industry.
The agriculture commissioners are organized at the national level by the National Association of State Departments of Agriculture. [1] The agriculture commissioner is elected in 12 states: Alabama, Florida, Georgia, Iowa, Kentucky, Louisiana, Mississippi, North Carolina, North Dakota, South Carolina, Texas, and West Virginia.
A Kentucky horse farm. The equine industry in Kentucky is a major part of the state's agribusiness, including sectors involved in horse breeding and rearing, racing, buying and selling, and tourism. According to a study by the University of Kentucky, the equine industry contributed $3 billion to the state economy in 2012 and generated 40,665 ...
It was created by the Agricultural Credit Act of 1987 (Pub. L. 100–233) as a federally chartered, private corporation responsible for guaranteeing the timely repayment of principal and interest to investors in a new agricultural secondary market. The secondary market allows a lending institution to sell a qualified farm real estate loan to an ...
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