farming

West Kentucky Farming
8:00 am
Sun June 10, 2012

Farmers in West Kentucky Feel the Pinch of Long Drought

Drought Monitor picture of the Midwest areas affected by the recent drought.
Drought Monitor

On his Calloway County farm, Mark Paschall is getting ready for a long, dry summer. During 58 years on a farm, Paschall has seen many droughts. This one, he says, is a bad one.

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Agriculture
9:42 am
Tue April 10, 2012

KY Agricultural agency OKs $400,000 in farm loans

The Kentucky Agricultural Finance Corporation has approved more than $400,000 in loans to farmers to expand their operations.  The agency partners with lenders to help farmers finance projects that would increase their profits.  The Kentucky Department of Agriculture announced the latest round of loans Monday. The largest loan topped $110,000.  The finance corporation also has a beginning farmer loan program that helps people start or expand a farming operation. Those loans can be used to purchase livestock, equipment and land.

Rural Taxes 101
3:57 pm
Fri March 23, 2012

Tax Advice for Farmers

Floods in 2011 and this year’s tornadoes could complicate the tax returns filed by Kentucky farmers.  For example, when farmers receive an insurance check for damaged crops, IRS spokesman Luis Garcia says they must claim that money as income.  And, if bad weather forces the early sale of livestock, Garcia says that income can sometimes be claimed on next year’s tax return.

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Regional Headlines
10:25 am
Tue February 7, 2012

Lawmakers Urge Inclusion of Tobacco in Free Trade Agreement

Kentucky lawmakers are protesting a current trade agreement that they say would hurt tobacco.

The U.S. is currently negotiating the Trans-Pacific Partnership Agreement, which includes countries like New Zealand, Peru and Vietnam. But the lawmakers say the proposal excludes tobacco protections.

At a news conference in Frankfort today, Democratic and Republican lawmakers urged President Barack Obama to add provisions for tobacco to the agreement.

Republican Agriculture Commissioner James Comer says including the crop will help Kentucky farmers.

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