Corporate Drive Complex Frankfort, KY 40601 502-573-0450 www.kyagr.com ĞĂƌ &ƌŝĞŶĚƐ͕ tĞůĐŽŵĞ ƚŽ ƚŚĞ ϯϴƚŚ ŶŶƵĂů <ĞŶƚƵĐŬǇ &Ăƌŵ ƵƌĞĂƵ ĞĞĨ ǆƉŽ͊ Ɛ ƚŚĞ ůĂƌŐĞƐƚ ďĞĞĨ ĐĂƚƚůĞ ƐƚĂƚĞ ĞĂƐƚ ŽĨ ƚŚĞ DŝƐƐŝƐƐŝƉƉŝ ZŝǀĞƌ͕ <ĞŶƚƵĐŬǇ ŝƐ ďůĞƐƐĞĚ ƚŽ ŚĂǀĞ ƚŚŝƐ ĞǀĞŶƚ ĂƐ Ă ƐƚĂƉůĞ ŽŶ ŽƵƌ ĂŐƌŝĐƵůƚƵƌĞ ĐĂůĞŶĚĂƌ ĞĂĐŚ ǇĞĂƌ͘ ǀĞƌǇ ǇĞĂƌ Ăƚ ƚŚĞ ĞĞĨ ǆƉŽ͕ <ĞŶƚƵĐŬǇ ĐĂƚƚůĞ ƉƌŽĚƵĐĞƌƐ ƐŚŽǁ ĂŶĚ ƐĞůů ƐŽŵĞ ŽĨ ƚŚĞ ďĞƐƚ ĐĂƚƚůĞ ŝŶ ƚŚĞ ĐŽƵŶƚƌǇ ƚŽ ďƵǇĞƌƐ ůŽŽŬŝŶŐ ƚŽ ƵƉŐƌĂĚĞ ƚŚĞŝƌ ŐĞŶĞƚŝĐƐ Žƌ ƚĂŬĞ ŚŽŵĞ Ă ƐŚŽǁ ƉƌŽũĞĐƚ͘ dŚŝƐ ĞǀĞŶƚ ŝƐ ƚƌƵůǇ ƚŚĞ ƉůĂĐĞ ƚŽ ďĞ ĨŽƌ ƚŚĞ ďĞĞĨ ŝŶĚƵƐƚƌǇ ŽŶ ƚŚĞ ĨŝƌƐƚ ǁĞĞŬĞŶĚ ŝŶ DĂƌĐŚ͘ Over the years, we’ve seen ups and downs in the beef cattle market. But despite ĐŚĂůůĞŶŐĞƐ͕ ƚŚĞ ŝŶĚƵƐƚƌǇ ŝƐ Ɛƚŝůů ŝŶ ƚŚĞ ƚŽƉ ĨŝǀĞ ĨŽƌ <ĞŶƚƵĐŬǇ ĂŐƌŝĐƵůƚƵƌĞ͕ ǁŝƚŚ ƚŚĞ ůĂƚĞƐƚ ĨŝŐƵƌĞƐ ƐŚŽǁŝŶŐ ŐƌŽƐƐ ƌĞĐĞŝƉƚƐ ĨƌŽŵ ƚŚĞ ƉƌŽĚƵĐƚŝŽŶ ŽĨ ĐĂƚƚůĞ ƚŽƚĂůŝŶŐ Ψϭ͘ϭ ďŝůůŝŽŶ͘ ŐƌŝĐƵůƚƵƌĞ ĂĐƌŽƐƐ <ĞŶƚƵĐŬǇ ƐĂǁ ƐŽŵĞ ƵŶŝƋƵĞ ĐŚĂůůĞŶŐĞƐ ŝŶ ϮϬϮϯ͕ ďƵƚ ƚŚĞ ĐĂƚƚůĞ ŵĂƌŬĞƚƐ ƐŚŽǁĞĚ ƌĞƐŝůŝĞŶĐĞ ǁŝƚŚ <ĞŶƚƵĐŬǇΖƐ ĐĂůǀĞƐ ĂŶĚ ĨĞĞĚĞƌƐ ĨĞƚĐŚŝŶŐ ŵƵĐŚ ŚŝŐŚĞƌ ƉƌŝĐĞƐ Ăƚ ƚŚĞ ĞŶĚ ŽĨ ϮϬϮϯ ĐŽŵƉĂƌĞĚ ƚŽ ϮϬϮϮ͘ ĐŽŶŽŵŝƐƚƐ ĨƌŽŵ ƚŚĞ hŶŝǀĞƌƐŝƚǇ ŽĨ <ĞŶƚƵĐŬǇ ĂŶƚŝĐŝƉĂƚĞ ĂŐƌŝĐƵůƚƵƌĂů ƌĞĐĞŝƉƚƐ ĨŽƌ ϮϬϮϯ ĐŽƵůĚ ďĞ Ψϴ͘ϭ ďŝůůŝŽŶ͕ just shy of 2022’s ƌĞĐŽƌĚͲŚŝŐŚ Ψϴ͘ϯ ďŝůůŝŽŶ͘ dŚĞƐĞ ŶƵŵďĞƌƐ ƐŚŽǁ ŚŽǁ ŝŵƉŽƌƚĂŶƚ ĂŐƌŝĐƵůƚƵƌĞ ŝƐ ƚŽ ƚŚĞ ƐƚĂƚĞ ŽĨ <ĞŶƚƵĐŬǇ ĂŶĚ ĐĂƚƚůĞ ƉƌŽĚƵĐĞƌƐ ĂƌĞ Ă ůĂƌŐĞ ƌĞĂƐŽŶ ĨŽƌ ƚŚĂƚ͘ dŚĞ ŶĞĂƌůǇ ŽŶĞ ŵŝůůŝŽŶ ŚĞĂĚ ŽĨ ďĞĞĨ ĐĂƚƚůĞ ŝŶ ƚŚĞ ŽŵŵŽŶǁĞĂůƚŚ ĂŶĚ ƚŚĞ ŵŽƌĞ ƚŚĂŶ ϯϯ͕ϬϬϬ ĨĂƌŵƐ ǁŝƚŚ ďĞĞĨ ĐĂƚƚůĞ͕ ƐŽůŝĚŝĨŝĞƐ ĐĂƚƚůĞ ĂŵŽŶŐ ŽŶĞ ŽĨ Kentucky’s top commodities. Ɛ Ă ĐĂƚƚůĞ ĨĂƌŵĞƌ ŵǇƐĞůĨ͕ / ŬŶŽǁ ĨŝƌƐƚŚĂŶĚ ƚŚĞ ŚĂƌĚ ǁŽƌŬ ƚŚĂƚ ŐŽĞƐ ŝŶƚŽ ƚŚĞ ďĞĞĨ ŝŶĚƵƐƚƌǇ ĨƌŽŵ ďŽƚƚůĞͲ ĨĞĞĚŝŶŐ ĐĂůǀĞƐ ƚŽ ĨŝŐŚƚŝŶŐ ƚŚĞ ǁĞĂƚŚĞƌ͘ /ƚ ŝƐ ƚŚĂƚ ĞǆƉĞƌŝĞŶĐĞ ƚŚĂƚ ĨŽƌŵƐ ŵǇ ĚĞĞƉ ĂƉƉƌĞĐŝĂƚŝŽŶ ĨŽƌ ƚŚĞ ĨĂƌŵĞƌƐ ĂĐƌŽƐƐ <ĞŶƚƵĐŬǇ ǁŚŽ ŵĂŬĞ ƚŚŝƐ ƚŚĞŝƌ ƉĂƐƐŝŽŶ ǇĞĂƌ ĂĨƚĞƌ ǇĞĂƌ͘ tŝƚŚŽƵƚ ƚŚĞŝƌ ĐŽŶƚŝŶƵĞĚ ĞĨĨŽƌƚƐ <ĞŶƚƵĐŬǇ ǁŽƵůĚ ŶŽƚ ŚĂǀĞ ƚŚĞ ŐƌĞĂƚ ĂŐƌŝĐƵůƚƵƌĂů ĐŽŵŵƵŶŝƚǇ ƚŚĂƚ ŵĂŬĞƐ ŝƚ ƐƚĂŶĚ ŽƵƚ ĂŵŽŶŐƐƚ ŽƚŚĞƌ ƐƚĂƚĞƐ͘ &ĂƌŵŝŶŐ ŝƐ ƚŚĞ ďĂĐŬďŽŶĞ ŽĨ ŽƵƌ ƐƚĂƚĞ ĂŶĚ ĐĂƚƚůĞ ĨĂƌŵĞƌƐ ĂƌĞ Ă ůĂƌŐĞ ƉĂƌƚ ŽĨ ƚŚĞ ĞƋƵĂƚŝŽŶ͘ >ĂƐƚůǇ͕ Ă ůŽƚ ŽĨ ǁŽƌŬ ŐŽĞƐ ŝŶƚŽ ŵĂŬŝŶŐ ƚŚŝƐ ĞǀĞŶƚ ƉŽƐƐŝďůĞ ĞǀĞƌǇ ǇĞĂƌ͘ Ɛ ĂůǁĂǇƐ͕ / ǁŝƐŚ ƚŽ ƚŚĂŶŬ <ĞŶƚƵĐŬǇ sĞŶƵĞƐ K ĂǀŝĚ ĞĐŬ ĂŶĚ ŚŝƐ ƚĞĂŵ ĨŽƌ ƚŚĞ ŵĂŶǇ ŚŽƵƌƐ ƚŚĂƚ ǁĞŶƚ ŝŶƚŽ ŚŽƐƚŝŶŐ ƚŚŝƐ ĞǀĞŶƚ͘ ŐĂŝŶ͕ ǁĞůĐŽŵĞ͕ ĂŶĚ ďĞƐƚ ǁŝƐŚĞƐ ŽŶ ĂŶ ĞŶũŽǇĂďůĞ ĂŶĚ ƐƵĐĐĞƐƐĨƵů <ĞŶƚƵĐŬǇ &Ăƌŵ ƵƌĞĂƵ ĞĞĨ ǆƉŽ͘ /Ĩ / Žƌ any of my staff can be of service to you, please don’t hesitate to ask. ^ŝŶĐĞƌĞůǇ͕ :ŽŶĂƚŚĂŶ ^ŚĞůů ŽŵŵŝƐƐŝŽŶĞƌ ŽĨ ŐƌŝĐƵůƚƵƌĞ ŽŵŵŽŶǁĞĂůƚŚ ŽĨ <ĞŶƚƵĐŬǇ 2024 Schedule of Events March 1st – March 2th, 2024 Angus Shorthorn Show: Friday 10:00 AM Sale: Saturday 12:00 Noon Show: Saturday 10:00 AM Sale: Saturday 1:00 PM Gelbvieh Simmental Show: Friday 1:00 PM Sale: Saturday 11:30 PM Show: Friday 4:00 PM Hereford Sale: Saturday 11:00 AM Show: Friday 1:00 PM Sale: Saturday 1:00 PM Red Poll Show: Friday 2:30 PM Sale: Saturday 9:30 AM (after show KJSA Meeting on bleachers) Pen Heifer Sale Show: Friday 2:00 PM Sale: Saturday 2:00 PM Black Herefords Show: Saturday 10:00 PM Sale: Saturday 4:00 PM Welcome to the 2024 Kentucky Farm Bureau Beef Expo For anyone involved in the state’s cattle industry, they realize what an economic engine our livestock sector has become in the Commonwealth. The sector has grown exponentially over the past 20 years and Kentucky now stands as the largest beef cattle producer east of the Mississippi and eighth in the nation. Working in conjunction with the Kentucky Department of Agriculture, the Kentucky Farm Bureau Beef Expo continues to promote our cattle industry which now represents 16.5 percent of the state’s total farm cash receipts. This event helps to showcase the industry and is one of the premiere venues to buy, sell, and show some of the best livestock in the country. The KFB Beef Expo has a rich history with its origins dating back to 1947 when it began as the Kentucky Angus Sweepstakes. Since then, many changes have taken place, but the purpose is still the same; to showcase the best cattle and highlight an industry so important to farm families across the state. This year’s Expo features nine different breed associations as producers from multiple states make their way to the Kentucky Fair and Expo Center for the event. Much of the success of our cattle sector is due to the dedication of our farm families and the work each breed association has made to move forward in production, and quality. The KFB Beef Expo is a great place to see the results of those continuing efforts. I would like to welcome each of you and hope you have a successful Expo and a great 2024 on the farm. Sincerely, DON’T MISS THESE OTHER EXPO EVENTS! Junior Heifer, Steer, & Market Heifer Jackpot Shows MAJOR SPONSORS! Kentucky Farm Bureau and The Kentucky Department of Agriculture, Jonathan Shell, Commissioner Additional information: Eddie Melton, President Kentucky Farm Bureau 2 www.kybeefexpo.com