While the rest of the economy flounders, Kentucky's farm economy is growing by leaps and bounds. Farm cash receipts in 2011 will top $5 billion for the first time ever, University of Kentucky agriculture economists said. Their annual forecast, released Thursday at the Kentucky Farm Bureau's annual convention, predicted combined crop and livestock receipts of about $5.2 billion to $5.4 billion, up by as much as $1 billion from last year's record $4.4 billion.
