Latest News From Tyne Morgan

Phosphate Prices Hit Highest Level Since 2012, As Nitrogen Prices Also Climb
Phosphate Prices Hit Highest Level Since 2012, As Nitrogen Prices Also Climb

The fertilizer price sticker shock is also happening with nitrogen. Ken Ferrie says nitrogen prices were already moving higher, but the Texas freeze didn't help, as it put a further strain on production. 

NCGA CEO Says Climate Policy Needs to be a Guidepost Rather Than Hitching Post
NCGA CEO Says Climate Policy Needs to be a Guidepost Rather Than Hitching Post

As NCGA sets priorities for the upcoming year during virtual Commodity Classic this week, it's clear climate will be at the top of the list. NCGA CEO says climate will be the group's biggest opportunity and challenge.

Why $18 Corn, $30 Soybeans and $42 Wheat Prices are Possible, But Not Likely
Why $18 Corn, $30 Soybeans and $42 Wheat Prices are Possible, But Not Likely

While analysts say it’s possible, yet not likely corn prices hit $18 per bushel, there are some factors fueling the market today. It’s not just the supply and demand scenario, but also the possibility of inflation.

Faced with High Fertilizer Prices? Here's Why Sticker Shock Could Last Through Spring
Faced with High Fertilizer Prices? Here's Why Sticker Shock Could Last Through Spring

As farmers spring into planting preparation, they are facing sticker shock on fertilizer prices, an issue some say could last through spring.

Biden’s Top Trade Pick Vows to Stay Tough on China
Biden’s Top Trade Pick Vows to Stay Tough on China

Congress got a clearer view of President Biden’s trade agenda this week as the Senate Finance Committee questioned Katherine Tai, Biden's nominee to serve as the United States Trade Representative.

FFA Planted Seeds of Opportunity for First-Generation Black Farmer Terren Moore
FFA Planted Seeds of Opportunity for First-Generation Black Farmer Terren Moore

Terren Moore calls himself a “weekend farmer,” but farming on the side has turned into a field of opportunity. See how this first-generation Texas farmer is continuing to harvest success in agriculture.

Even With 90 Million Acres of Soybeans, Here's Why the Soybean Price Surge Could Stay Steadfast
Even With 90 Million Acres of Soybeans, Here's Why the Soybean Price Surge Could Stay Steadfast

The bull market right now is one driven by not just tight supplies, but monster demand. Two marketing analysts say even with an expected increase in acres, tight supplies mean prices can absorb more production.

More than a year after the 10th Circuit Court issued its initial ruling on the small-refinery provisions within the Renewable Fuels Standard (RFS), EPA announced Monday it’s supporting the court’s ruling. As a result, there will be tighter restrictions on issuing such waivers.
EPA Supports 10th Circuit Court Ruling to Tighten Small Refinery Exemptions

More than a year after the 10th Circuit Court issued its ruling on the small-refinery provisions within the RFS, EPA announced it’s supporting the ruling, which will put tighter restrictions on issuing such waivers.

USDA Projects $4.20 Corn, Chief Economist Explains Why
USDA Projects $4.20 Corn, Chief Economist Explains Why

USDA’s Ag Outlook Forum painted a brighter forecast for corn demand this year. While USDA does expect a 7% increase in production, the agency is also forecasting an increase in domestic use, as well as exports.

Worries About Wheat Crop as Winter Weather Blasts Below Freezing Temps Across Wheat Belt
Worries About Wheat Crop as Winter Weather Blasts Below Freezing Temps Across Wheat Belt

As much of the Plains thaws out from the winter weather that gripped the country last week, concerns are continuing to sprout about potential damage to winter wheat.

Markets Now with Tyne Morgan: Here’s Why USDA’s Acreage Number Could Grow
Markets Now with Tyne Morgan: Here’s Why USDA’s Acreage Number Could Grow

USDA issued its first look at acreage during the annual Ag Outlook Forum with a record number of combined corn and soybean acres projected this year. Some analysts say given prices, that number has room to grow.

True Grit: A Tribute to Ranchers Who Weathered the Extremes This Week
True Grit: A Tribute to Ranchers Who Weathered the Extremes This Week

The record cold temperatures and extreme weather had a major impact on ranchers across the country, but through it all, the men and women showed what the true definition of a rancher is.

During USDA's 2021 Ag Outlook Forum this week, chief economist Seth Meyer pointed to a possible bump in overall planted acres this year, with 92 million acres planted in corn, 90 million in soybeans and 12 million acres of cotton.
USDA Expects Both Corn and Soybean Acres to Top 90 Million in 2021

During USDA's 2021 Ag Outlook Forum this week, chief economist Seth Meyer pointed to a possible bump in overall planted acres this year, with 92 million in corn, 90 million in soybeans and 12 million acres of cotton.

Corn vs. Soybeans: Here’s What USDA’s First Glimpse at 2021 Acreage Mix Could Reveal
Corn vs. Soybeans: Here’s What USDA’s First Glimpse at 2021 Acreage Mix Could Reveal

As USDA prepares to give its first glimpse at 2021 acreage this year, the acreage debate could be dynamic as tighter supplies will encourage planting.

Senate to Vote on Vilsack's Secretary of Agriculture Confirmation Next Week
Senate to Vote on Vilsack's Secretary of Agriculture Confirmation Next Week

The Senate has scheduled a vote on Tom Vilsack’s nomination for Secretary of Agriculture on Feb. 23. In early February, the Senate Agriculture Committee unanimously approved President Biden's pick to lead USDA.

Eager to Learn and Willing to Listen, Young Kansas Farmer Pursues Untraditional Path
Eager to Learn and Willing to Listen, Young Kansas Farmer Pursues Untraditional Path

Splitter Farms in Lyons Kan. was named the 2021 Top Producer Horizon Award winner. Their story is one rooted in education and willingness to listen, a recipe that helped grow the farm to what it is today.

Ag Groups Say Strong Chance U.S. Joins the New TPP When Biden Shifts Focus to Trade
Ag Groups Say Strong Chance U.S. Joins the New TPP When Biden Shifts Focus to Trade

Biden's USTR nominee was a key player in the USMCA negotiations, and some think USMCA may be a template for future trade talks, including the possibility of rejoining the Trans-Pacific Partnership (TPP).

Markets Now with Tyne Morgan: Explosive Acreage Debate Shaping Up for 2021
Markets Now with Tyne Morgan: Explosive Acreage Debate Shaping Up for 2021

The record cold this week made it feel like planting season is far off, but April 1 is less than seven weeks away. As farmers nail down planting decisions, the acreage debate is starting to heat up.

Looking Past China, What Are the Next Big Ag Trade Moves for Biden Administration?
Looking Past China, What Are the Next Big Ag Trade Moves for Biden Administration?

Trade seems to be taking a back seat in Washington. From COVID-19 recovery to a focus on climate, other issues are taking priority in the new White House. That's not stopping ag groups from pushing for key trade deals.

Could 2021 Net Farm Income Really Drop? Here's Why USDA’s First Forecast May Be Too Low
Could 2021 Net Farm Income Really Drop? Here's Why USDA’s First Forecast May Be Too Low

The net farm income story this year is far from over. Farmer Mac’s chief economist says history shows USDA’s initial look at net farm income is typically too low and this year may be no different.

Will China's Record Purchases Set Sail? Here's Why Economists Think Shipments Will Happen
Will China's Record Purchases Set Sail? Here's Why Economists Think Shipments Will Happen

As the substantial demand looks to be rooted in a need for feed and food, corn purchases from China may not be over yet and could be on track to hit a new record. However, actual shipments are lagging.

Did USDA's February Report Hint at Demand Destruction in Corn?
Did USDA's February Report Hint at Demand Destruction in Corn?

The corn price momentum quickly faded on Tuesday as traders seemed disappointed by conservative adjustments to its corn import forecast for China.

China Could Bring Unexpected Fireworks to USDA’s Feb. Reports
China Could Bring Unexpected Fireworks to USDA’s Feb. Reports

A month after USDA releases its final production estimates, USDA’s February report typically doesn’t provide major revisions. With possible changes to corn demand, analysts say Tuesday's report could be different.

USDA’s first look at farm income shows without continued ad hoc government payments, which reached a record last year, net farm income will drop this year.
With Fewer Government Payments, USDA Forecasts Farm Income to Fall in 2021

USDA’s first look at net farm income shows without continued ad hoc government payments, net farm income will drop this year.

U.S. Grains Council Confident Record Corn Purchases will Produce Shipments
U.S. Grains Council Confident Record Corn Purchases will Produce Shipments

China put a record number of corn purchases on the books to end January, but it's not just China buying. This week, USDA confirmed China bought more corn from the U.S., a sign demand may be strong across the board.

History Shows There’s No Price Too High for China to Buy Corn, Soybeans
History Shows There’s No Price Too High for China to Buy Corn, Soybeans

China’s historic buys last week seem to come with nervousness from other major importers. So, are the higher prices rationing demand? Analysts say it's not happening with China, yet.

Is Phase One or Politics Driving China’s Record Appetite for U.S. Ag Products?
Is Phase One or Politics Driving China’s Record Appetite for U.S. Ag Products?

Whether it’s to fulfill Phase One promised, or an increased need for feed, some say the timing of the record Chinese buys isn’t a coincidence. So, what's driving the record demand from China?

Could Corn or Cattle be the Next GameStop?
Could Corn or Cattle be the Next GameStop?

With the run-up in stock prices for GameStop, AMC and others, could corn, soybeans or cattle be next? Listen to what Tommy Grisafi of Advance Trading had to say about it on U.S. Farm Report this weekend.

President Biden's pick for Ag Secretary has a confirmation hearing set for Tuesday. During that time, Tom Vilsack could detail future plans for utilizing the CCC for climate initiatives and COVID recovery.
Vilsack Could Unveil His Climate, CCC Plans During Tuesday’s Hearing

AS USDA reviews the previous administration’s plans for the remaining CFAP money, President Biden’s pick to lead USDA will help spearhead those efforts, and find ways to incentives farmers for climate initiatives.

China’s appetite for U.S. corn seems unstoppable. Just this week, daily sales of corn to China added up to a new record.
Big Buys Turn Historic as China Sales Shatter Export Records

China’s appetite for U.S. corn seems unstoppable. Just this week, daily sales of corn to China added up to a new record.

FILE PHOTO: A truckload of corn is dumped into a chute at the Lincolnway Energy plant in the town of Nevada, Iowa, December 6, 2007. T REUTERS/Jason Reed (UNITED STATES)/File Photo
Corn Prices Climb as China Commits to Biggest U.S. Ethanol Purchase Ever

China committed to buying 200 million gallons of ethanol during the first half of 2021. If the commitments turn into shipments, it would mark the largest annual purchase for U.S. ethanol ever.

Biofuels groups have high hopes a Biden Administration will get the Renewable Fuels Standard (RFS) back on track. But an announcement just days on the job seems to showcase a Biden Administration’s push for electric vehicles instead.
Biden’s ‘Buy American’ Executive Order Pushes for Electric Vehicles

Biofuels groups have high hopes a Biden Administration will get the RFS back on track. But an announcement just days on the job seems to showcase a Biden Administration’s push for electric vehicles instead.

Just days on the job, a Biden-Administration is giving a glimpse into the new administration's priorities. How could a focus on climate and COVID recovery impact farmers and ranchers? We explore on U.S. Farm Report.
How COVID Recovery and Climate Could Shape Ag Under Biden Administration

Just days on the job, a Biden-Administration is giving a glimpse into the new administration's priorities. How could a focus on climate and COVID recovery impact farmers and ranchers? We explore on U.S. Farm Report.

Markets Now with Tyne Morgan: Is the Great Grain Rally Over?
Markets Now with Tyne Morgan: Is the Great Grain Rally Over?

After corn and soybean prices soared last week once the USDA’s WASDE report was released, grains and oilseeds seem to have taken a different path this week. So, is the grain rally over? Bob Utterback weighs in.

President Joe Biden’s trade team is coming together, and it looks to be stacked with individuals who were key in crafting the U.S. Mexico Canada Agreement (USMCA).
Biden's Trade Team is Stacked with USMCA Linchpins

President Joe Biden’s trade team is coming together, and it looks to be stacked with individuals who were key in crafting the U.S. Mexico Canada Agreement (USMCA).

One former Secretary of Agriculture thinks a Biden Administration and USDA will focus more on crafting a farm bill that includes a focus on conservation.
Why a Biden Administration May Not Buy into the Green New Deal

As President Joe Biden took office Wednesday, one former Secretary of Agriculture thinks a Biden Administration and USDA will focus more on helping craft a farm bill that focuses on conservation.

Michael Stamp was sentenced to eight years in prison this week. The sentencing stems from to a 2012 bankruptcy filing, with a federal indictment filed in 2017.  Stamp was accused on federal crop insurance fraud and bankruptcy fraud.
Mike Stamp Sentenced to 8-Years in Prison, Ordered $23M in Restitution

Michigan farmer Michael Stamp was sentenced to eight years in prison this week. A federal indictment filed in 2017 accused Stamp of federal crop insurance fraud and bankruptcy fraud.

From the unpredictability with trade to easing of regulations, the past four years have been a whirlwind with farmers, ranchers and policy experts looking back at Trump Administration's impact on agriculture the past four years.
Trump Administration Leaves a Lasting Impact on Agriculture

From the unpredictability with trade to easing of regulations, the past four years have been a whirlwind with farmers, ranchers and policy experts looking back at the Trump Administration's impact on agriculture.

Bill Biedermann of AgMarket.net says the last time soybean stocks to use was below 4%, prices traded at $16 and $18.
Markets Now with Tyne Morgan: Why History Shows $16 Soybeans are Possible

USDA revealed this week the soybean stocks to use scenario is record tight for this time of year. Analysts explain why that could create even higher prices in the months ahead.

What Was Behind USDA’s Big Corn Yield Cut? USDA Chief Economist Explains
What Was Behind USDA’s Big Corn Yield Cut? USDA Chief Economist Explains

USDA's crop reports made major changes, with the historic cut to corn yield drawing scrutiny. What was the reasoning behind the large adjustment to corn yield this late in the year? USDA's Chief Economist explains.

With only days left in office, the renewable fuels industry expects the current EPA to announce a portion of small refinery exemptions for the 2019 year. However, Growth Energy says it's doing everything it can to stop it.
Why Small Refinery Exemptions Would Leave Stain on Trump Administration

With only days left in office, the renewable fuels industry expects the current EPA to announce a portion of small refinery exemptions for 2019. However, Growth Energy says it's doing everything it can to stop it.

Climbing Corn Prices Create More Headwinds for Ethanol’s Recovery in 2021
Climbing Corn Prices Create More Headwinds for Ethanol’s Recovery in 2021

As the ethanol industry tries to recover from the impacts COVID-19, climbing corn prices aren’t helping margins for ethanol producers. With ethanol stocks piling up, ethanol producers are facing tough decisions.

USDA’S final crop production report of the year made some historic adjustments, including tighter soybean stocks.  As a result, soybeans shot 60 cents higher in a matter of minutes, and corn traded up the limit.
USDA Report Analysis: Is the U.S. Running Out of Soybeans to Sell?

USDA’S final crop production report of the year made some historic adjustments, including tighter soybean stocks. As a result, soybeans shot 60 cents higher in a matter of minutes, and corn traded up the limit.

Mike North of ever.ag thinks the market is already pricing in minor reductions in the upcoming USDA report. So, what will it take to give the market more fuel moving forward?
What USDA Report Changes Could Fire Up Commodity Markets Even More?

Mike North of ever.ag thinks the market is already pricing in minor reductions in the upcoming USDA report. So, what will it take to give the market more fuel moving forward?

MN Millennial Farmer's YouTube videos have been viewed 163 million times. Now, he's using his social media platform to give back to rural fire departments by raising $60,000.
Farmer Turned YouTube Sensation Spreads Generosity Across 13 States

MN Millennial Farmer's YouTube videos have been viewed 163 million times. Now, he's using his social media platform to give back to rural fire departments by raising $60,000.

Biden Team’s Proactive Outreach to Agriculture Has Farm Groups Optimistic
Biden Team’s Proactive Outreach to Agriculture Has Farm Groups Optimistic

With only 12 days until the Biden presidential inauguration, optimism is sprouting from some agricultural groups, with leaders saying the Biden Administration is taking an extremely proactive approach to agriculture.  

2020 was a dynamic year in the markets.  From the pandemic causing prices to plummet in the spring to a dramatic recovery during the fall, analysts say key lessons were learned along the way with optimism sprouting for 2021.
Lessons from 2020: The Black Swan Still Lives

2020 was a dynamic year in the markets. From the pandemic causing prices to plummet in the spring to a dramatic recovery during the fall, analysts say key lessons were learned along the way.

Ethanol plants are facing weak margins with fewer people driving and corn prices climbing. Just this week, the oldest ethanol plant in the country made the decision to close for good.
As Corn Prices Rise, Oldest Ethanol Plant in the Country Calls It Quits

Climbing corn prices is a welcome sign for farmers, but not good news for ethanol plants already strained. As ethanol demand struggles to recover, one Iowa plant says it will cease ethanol production for good.

Why $15 Soybeans May Be a Reality in the New Year
Why $15 Soybeans May Be a Reality in the New Year

2020 ended on a high note for soybeans as prices soared past $13, so will demand be enough to push prices even higher in the New Year? Dan Basse and Arlan Suderman explore 2021.

2021 Weather Outlook: Is 2021 Shaping Up to Match Drought of 2012?
2021 Weather Outlook: Is 2021 Shaping Up to Match Drought of 2012?

2021 is off to a dry start and one meteorologist sees dry conditions expanding in the West over the next few months. So, could 2021 be a repeat of 2012? USDA meteorologist weighs in.