Latest News From Tyne Morgan

Based on USDA’s current estimates total corn and soybean planted area would be 179 million acres in 2021, which is the second-highest acreage on record. Source: USDA NASS, Farm Bureau
The Battle for Ground in 2021

Grain markets are driven by lower supplies and higher demand.

Santa Claus is Coming to Town and Bringing Arctic Air, Little Snow
Santa Claus is Coming to Town and Bringing Arctic Air, Little Snow

It’s Christmas week and as holiday plans may look a little different this year, Mike Hoffman says it’s unlikely the U.S. will see a widespread white Christmas.

Future of Farming: Chase to Capture Carbon As Another Revenue Stream
Future of Farming: Chase to Capture Carbon As Another Revenue Stream

Some agriculture companies think agriculture could be the solution in major corporations working to become carbon neutral. Sustainable practices may also be a focus for a new Adminstration with a possible policy shift.

The Debate Over China’s Corn Imports: Is the Buying Over?
The Debate Over China’s Corn Imports: Is the Buying Over?

USDA raised its estimate for China corn imports, a step some analysts think is just the start. Darren Frye and Arlan Suderman debate whether China's corn imports will live up to analysts' expectations.

Analysts say the trade expected a bullish USDA December report. With minimal changes, traders sold the market and commodity prices dropped.
Here’s Why Traders Weren’t Impressed with USDA’S December Crop Reports

Analysts say the trade expected a bullish USDA report. With minimal changes, traders sold the market and commodity prices dropped.

What Vilsack’s Return to USDA Would Mean for U.S. Farmers and Ranchers
What Vilsack’s Return to USDA Would Mean for U.S. Farmers and Ranchers

As agriculture awaits confirmation Joe Biden will tap Tom Vilsack as the next Secretary of Agriculture, Washington insiders say Vilsack is a known entity, which would be a positive for U.S. farmers and ranchers.

Government payments and yields help turn the tide.
Farm Income Does An About-Face

Government payments and yields help turn the tide.

The surge of COVID-19 cases across the country is hitting rural hospitals especially hard. Many aren’t equipped to handle critical patients, and with hospitals at capacity, some rural hospitals are unable to send patients to urban hospitals for care.
COVID-19 Crisis: Rural Hospitals Have Nowhere to Send Critical Patients

The surge of COVID-19 cases across the country is hitting rural hospitals especially hard. Many aren’t equipped to handle critical patients. Now some hospitals are unable to send patients to urban hospitals for care.

Why the Next Congress Faces Major Hurdles Crafting the Next Farm Bill
Why the Next Congress Faces Major Hurdles Crafting the Next Farm Bill

Even with a divided Congress, there are some issues Karla Thieman from the Russell Group thinks can still be worked through in the next Congress, but one of the biggest hurdles will be crafting a the next farm bill.

Is China’s Current Buying Spree Sustainable?
Is China’s Current Buying Spree Sustainable?

A positive demand story is helping bring life to commodity markets, a market signal that could lend to more U.S. acres and overall production in 2021.

After a slow start to 2020 and a drastic drop in commodity prices, government payments combined with improving commodity prices could push 2020 net farm income to record levels.
Dramatic Recovery in 2020 Net Farm Income Could Hint at New Record

As the 2020 harvest comes to a close, it’s a year marked with unknowns, but with government payments combined with improving commodity prices, the net farm income picture is looking brighter.

As China continues to buy U.S. agricultural commodities, the buying pace may be sustainable even if the Phase One agreement is renegotiated, according to some analysts and agricultural leaders.
What Renegotiating China Phase One Agreement Would Mean for Grain Prices

As China continues to buy U.S. agricultural commodities, the buying pace may be sustainable even if the Phase One agreement is renegotiated. Agricultural leaders and analysts break down why.

As the U.S. wraps up soybean harvest, China, Brazil and CFAP could play a major role in the direction of commodity prices in the months ahead.
Could Unprecedented Cuts in WASDE Set the Stage for Unprecedented Prices?

USDA provided fuel for the commodity markets Tuesday with cuts to both the national corn and soybean yield, but what could be the biggest potential anchor to prices in the months ahead? Economists and analysts weigh in.

Election Countdown: Are Commodity Markets on the Verge of a Tipping Point?
Election Countdown: Are Commodity Markets on the Verge of a Tipping Point?

A rise in COVID-19 cases acted as a short-term anchor in the markets. With the election just days away, is agriculture on the verge of a price tipping point? Economists from the University of Missouri weigh in.

Seth Meyer says USDA is running out of time and runway to make adjustments to the export side of the ledger, as this week the World Ag Outlook Board defended its current China import figures.
Former World Board Chair: USDA's China Corn Import Numbers Don’t Add Up

Seth Meyer says USDA is running out of time and runway to make adjustments to the export side of the ledger, as this week the World Ag Outlook Board defended its current China import figures.

The taste of Tennessee whiskey is distinct, and now researchers at the University of Tennessee are trying to seek out the science that unlocks a memorable experience for whiskey drinkers around the globe.
Perfecting the Taste of Tennessee Whiskey Through Science

The taste of Tennessee whiskey is distinct, and now researchers at the University of Tennessee are trying to seek out the science that unlocks an unforgettable experience for whiskey drinkers around the globe.

As corn prices climb past $4, the unprecedented harvest price momentum continues. What is driving the higher prices? Economists with the University of Tennessee Institute of Agriculture weigh in.
What’s Driving the Unprecedented Harvest Price Momentum Right Now?

The price spikes this fall have been a surprise for many. During a period where farmers usually experience lower prices, commodity markets started trending higher in August and have accelerated since.

Young Minds, Fresh Ideas Spur Rejuvenation in Rural Communities Across Nebraska
Young Minds, Fresh Ideas Spur Rejuvenation in Rural Communities Across Nebraska

University of Nebraska-Lincoln students are helping revive rural communities through the Rural Fellows Program, a program planting seeds of hope and a future vision.

With a strengthening La Nina, NOAA says the weather this winter will favor warmer and drier conditions across much of the southern tier of states, but the opposite for the North.
NOAA'S Winter Outlook is a Headache For Farmers Already Dealing with Drought

It could be a dry winter in the South and a wetter than normal winter in the North, according to NOAA's latest winter forecast. Nebraska state climatologist says she's concerned about soil moisture heading into spring.

What direction could the dollar take in the coming months? One economist doesn’t see a lot of reason to think the U.S. dollar will trend dramatically in the other direction.
How the Fed Could Drive the Direction of the U.S. Dollar This Year

U.S. commodities are enjoying a weaker U.S. dollar and increased export interest. Will that trend continue for the remainder of 2020? Texas Tech economists discuss the future of the Dollar in Markets Now.

Farmers and ranchers continue to weather the extremes of 2020.  From drought, derecho and wildfires, to a sudden loss in demand for dairy, 2020 is proving to be an obstacle course for agriculture. Here are the mental health signs to watch.
As Farmers Face Growing Stress, How to Navigate Mental Health Concerns

Farmers continue to weather the extremes of 2020.  From drought, derecho and wildfires, to a sudden loss in demand, 2020 is proving to be an obstacle course for agriculture. Here are the mental health signs to watch.

As harvest rushes in, USDA is forecasting the highest net farm income since 2011, however, some ag economists warn the forecast may be too optimistic. That's as a large chunk of the forecast included record government aid and banks on payments not even announced yet.
Here’s Why USDA’s Net Farm Income Forecast May Be Too Optimistic

USDA's sharp increase in its net farm income forecast may be too optimistic. That's as a large chunk of the forecast included record government aid, and banks on payments not even announced yet.

See Why Crop Tour Scouts Had a Tough Time Measuring Derecho Damage
See Why Crop Tour Scouts Had a Tough Time Measuring Derecho Damage

As the industry tries to get the scope of damage in Iowa, Pro Farmer editor Brian Grete takes you into a damaged corn field to show viewers why measuring the derecho damage was so difficult this year.

USDA Not on Track to Hit $16 Billion in CFAP Payments
USDA Not on Track to Hit $16 Billion in CFAP Payments

As of last week, USDA paid out just over $6 billion of the $16 billion in CFAP payments. One agricultural economist says without the full $16 billion, lower CFAP payments could change net farm income projections.

Major oil pipeline projects are facing intense uncertainty as recent federal rulings could halt expansion projects and even stop some pipelines from operating, but the decision could also cost farmers.
Why Canceling Pipeline Projects Could Cost Farmers $1 Billion

Major oil pipeline projects are facing intense uncertainty as recent federal rulings could halt expansion projects and even stop some pipelines from operating, but the decision could also cost farmers.

Community Shows Unwavering Support for 4-H'ers After Canceled Show
Community Shows Unwavering Support for 4-H'ers After Canceled Show

The market animal show in Augusta County, Va. was one of the first to move their livestock show online. The decision blossomed into a show of support and gratitude by both the community and 4-H, FFA members.

50% of those surveyed say social distancing of at least 6 feet will be required in order to allow input suppliers back on their operation.
Nearly Half of Farmers Have Concerns About Sales Reps Being On Farm

A Farm Journal survey found nearly half of farmers have reservations about allowing sales reps and other input suppliers on farms, and some in agriculture think it's changing the way agriculture does business.

USDA June acreage report showed U.S. farmers planted 92 million acres of corn in 2020, which is 5 million acres less than the March Prospective Plantings report showed.
With Surprise Acreage Drop, Pendulum for Corn Prices is Swinging

USDA June acreage report showed U.S. farmers planted 92 million acres of corn in 2020, which is 5 million acres less than March. Some analysts say this could be a game changer for the corn market short-term.

U.S. Farm Report meteorologist Mike Hoffman says most of the country will see above-normal temperatures over the next 30 days.
Cutoff Low Bringing Heat, Dryness Across Much of Corn Belt This Week

Dryness remains the biggest concern in the West, but moisture may be making its way to those areas this week. For crops in the Midwest looking for a drink, the forecast doesn’t look very promising.

As China ramps up its purchases from the U.S., China may be buying out of necessity, instead of buying to live up to its Phase One trade promises.
Here’s the Motive Behind China's Recent Big Buys of Soybeans

As China ramps up its purchases from the U.S., China may be buying out of necessity, instead of buying to live up to its Phase One trade promises.

Optimism may be starting to sprout among farmers and ranchers, despite the impact COVID-19 is having on nearly every sector of agriculture, according to the latest Ag Economy Barometer.
Ag Economy Barometer Shows Slow Recovery in Farmers' Sentiments

Optimism may be starting to sprout among farmers and ranchers, despite the impact COVID-19 is having on nearly every sector of agriculture, according to the latest Ag Economy Barometer.

While the moisture story differs across the country, outlooks are mixed. USDA meteorologist Brad Rippey thinks a wetter weather pattern could play out while Drew Lerner of World Weather sees dryness creeping in.
Meteorologists Mixed on Summer Moisture, as Drought Enters Picture

While the moisture story differs across the country, outlooks are mixed. USDA meteorologist Brad Rippey thinks a wetter weather pattern could play out while Drew Lerner of World Weather sees dryness creeping in.

The White House unveiled the "Farmers to Families Food Box Program,"  saying it's a program vital in helping save food that was going to waste and redirecting it to people who need it.
From Farm to Fork: USDA Food Box Program Met with Praise and Criticism

The White House unveiled the "Farmers to Families Food Box Program." While many dairy groups praise the program, saying it hits all stops of the supply chain, some produce companies say it misses the mark.

New data from Purdue University and Microsoft shows food production isn’t an issue, even during the height of the pandemic.
Fewer Than 1% Of Farm Workers Have Confirmed COVID-19 Cases

New data shows COVID-19 illnesses at the farm level are less than 1%. Purdue University teamed up with Microsoft to create an online Food and Ag Vulnerability map.

With COVID-19 restrictions, the community knew a traditional funeral service wasn’t possible. So, they orchestrated a special tribute.
A Touching Tractor Tribute for Iowa Man Who Lost Battle with Cancer

With COVID-19 restrictions, the community knew a traditional funeral service wasn’t possible for an area farmer who lost his battle with cancer. So, they orchestrated a special tribute with tractors.

While the latest USDA report confirmed supply situation seems to be growing, one key piece of the puzzle is demand.
$2.60 December Corn Futures are Possible, Not Inevitable. Here’s Why

While the latest USDA report confirmed supply situation seems to be growing, one key piece of the puzzle is demand. Analysts say weather and other factors will also have an impact on prices producers see this year.

Corn, wheat and soybeans saw a price pop this week on news China made a big purchase of U.S. corn.
China Doesn’t Need Corn, Here’s Why They May Be Buying  

Corn, wheat and soybeans saw a price pop this week on news China made a big purchase of U.S. corn. USDA confirmed China bought 686,000 MT of corn for delivery to China, 371,000 of which was in purchases of old crop.

Is the Food Supply Chain Actually Breaking?
Is the Food Supply Chain Actually Breaking?

A full-page ad in the New York Times this week sparked a nationwide question: Is the food supply chain actually breaking? Agricultural economists disagree.

Some Growers Plow Under Fields As Fruit, Vegetable Demand Disappears
Some Growers Plow Under Fields As Fruit, Vegetable Demand Disappears

From fresh produce being plowed under to unharvested crops sitting untouched in fields, fruit and vegetable growers are the latest agriculture sector facing fallout from COVID-19.

As more freezing weather blankets parts of the Plains, wheat growers are worried about potential damage to their crop.
Winter Wheat in the Plains Faces Freeze Damage While Futures Plummet

As more freezing weather blankets parts of the Plains, wheat growers are worried about potential damage to their crop.

Longer Processing Plant Closures Creating Dire Situation for Pork
Longer Processing Plant Closures Creating Dire Situation for Pork

More pork processing plants are idling production due to COVID-19 cases. The news sending shockwaves through the industry, with producers wondering how long the processing sector can make adjustments and accept hogs.

Farmers from across the country are being asked to dump their milk this week, as the restaurant and food service demand crumbled rapidly due to COVID-19.
As Dairies Dump Milk, Frustration Mounts Over Retail Buying Limits

Farmers across the country are being asked to dump their milk, as food service demand crumbled rapidly due to COVID-19. Still, farmers are frustrated that consumers can't buy as much milk as they want right now.

A muddy field is a reminder of how difficult spring planting was in 2019. As an active jet stream shapes up, it could continue to bring in moisture across portions of the Midwest.
Active Jet Stream Could Pump In Moisture During Spring Planting

The active weather pattern from last week could continue to hang over much of the country. That means many areas could see more rain and even more snow; a pattern that could persist over the next month.

Stocks and commodity markets could continue to get worse before prices get better, and now concerns about logistics of getting agricultural products moved could also impact the markets.
COVID-19 Market Panic Could Continue for Weeks

COVID-19 took a big bite out of commodity prices this week, but could that trend continue? Some analysts fear prices will get even worse before things start to turn around.

Busted grain bins still sit outside of White Cloud, Kansas. The rotting grain is a reminder of how devastating the flood of 2019 still is for farmers, landowners and residents.
A Year Later, Busted Grain Bins Are Vivid Scars from Historic Flooding

Busted grain bins still sit outside of White Cloud, Kansas; the rotting grain is a reminder of how devastating the flood of 2019 is for farmers and residents. Now farmers doubt all their acres will be planted in 2020.

Farmers outside of Grand Forks, North Dakota are busying harvesting this week. Despite the snow, farmers say moisture content in the corn is coming down slightly and test weight is seeing a slight bump.
Farmers Harvesting Snowed-Under Corn in March Say Yields are Worth It

Farmers outside of Grand Forks, North Dakota are busying harvesting this week. Despite the snow, farmers say moisture content in the corn is coming down slightly and test weight is seeing a slight bump.

USDA Says It Will Take Months to Make MFP 3.0 Decision
USDA Says It Will Take Months to Make MFP 3.0 Decision

Agriculture Secretary Sonny Perdue says work is being done by China to clear the way for more exports to China. If shipments pick up, MFP 3.0 may not be needed.

The decision to opt for ARC or PLC isn't clear for corn and soybeans in 2020, but it's a different story for wheat and producers faced with 100% prevent plant.
The Decision to Choose ARC or PLC is a Crapshoot for 2020

As the March 15 deadline nears, row crop producers are faced with a big decision: ARC or PLC? Experts say the answer isn't clear for corn and soybeans, but it is for wheat or anyone faced with 100% prevent plant.

More moisture is in the forecast for much of the country this week. For portions of the country needing to dry out, March may bring better news.
Corn Belt Could See Below Normal Moisture for Most of March

The root zone moisture map got worse over the past week, as more moisture hit parts of the country. However, good news may be in store for areas needing to dry out. Mike Hoffman gives his March forecast.

Fresh fears over coronavirus spreading comes on the heels of China acknowledging the spread of the virus in China is slowing. Analysts fear more downside risk could be ahead.
As Coronavirus Spreads, Bears and Fear Infect the Commodity Markets

Coronavirus continues to be a black swan hitting the markets, with both the stock market and commodity market getting hit hard on Monday. Analysts warn more downside risk could be ahead.