Latest News From Tyne Morgan

The March CME/Purdue Ag Economy Barometer posted the weakest farmer sentiment reading since May 2020, as the survey found the biggest concern among producers continues to be “higher input costs."

As farmers prepare for planting, supply chain concerns are rampant. Input availability issues could be a factor farmers battle all spring with a recent ag retail survey finding chemistry is in the shortest supply.

USDA's first Crop Progress Report of the year showed only 27% of the nation's winter wheat crop is rated "good," far below the trade's expectations. The numbers show the battle against drought is brutal in winter wheat.

China came in with a major buy to start the week. USDA confirmed in its daily export sales report that Beijing purchased 1.084 million tonnes of U.S. corn marking the biggest buy since May of 2021.

USDA says there are currently no plans to provide direct payments to farmers impacted by soaring fertilizer prices. The news comes as farm groups and lawmakers are asking assistance to help with rising fertilizer costs.

Colorado farmer Brian Brooks thinks 80% of the dryland winter wheat in his area may not survive, as some acres didn't even sprout. Prevent plant for spring may be his only option without moisture in the coming weeks.

USDA’s Prospective Plantings report came with some shocks as farmers revealed 2022 planting plans. Despite the higher than expected soybean acreage numbers, some analysts say the soybean balance sheet is still tight.

From changes in corn and wheat acres to more producers looking to plant soybeans, FBN's 2022 Planting Report could be an early indication of what USDA's March Prospective Plantings report will show later this week.

Less than a week from USDA’s Prospective Plantings report, it seems the market isn't consumed by possible acreage outcomes. Instead, outside interest fueled prices as investors see commodities as a safe bet.

John Moody was stranded and thought he was paralyzed after his tractor ran over him last March. His rural mail carrier found him, repaired the fence, got John's belongings, and still finished his mail route that day.

Even with Russia removed from the global fertilizer market, it still doesn’t create worst-case scenario. StoneX Group says China could make the situation worse, as China and Russia account for 40% of global phosphate.

AgResource Company released the latest soybean crop production estimate for Brazil, showing a crop size of 119.5 MMT. A recent crop tour shows the weather took a major toll on the crop in the Southern portion.

A new Reuters report indicates the White House is exploring a solution that would remove Renewable Fuels Standard (RFS) blending requirements for ethanol to help soften increasing food prices. 

Drought covering the continental U.S. grew by 2 points this week, now covering nearly 60% of the country. As the drought grips the Wheat Belt and key areas for cattle production, it's creating concern for 2022.

USDA's 2022 supply and demand forecast came out just hours after Russia declared war on Ukraine. And as the crisis continues, USDA Chief Economist acknowledges the situation is impacting world trade and crop prices.

Despite signs Russian President Vladimir Putin may be ready to talk with representatives from Ukraine, Cargill confirmed a ship it chartered was hit in the Black Sea on Thursday. The vessel was empty at the time.

The Russia-Ukraine crisis sent wheat prices skyrocketing 50 cents higher, with corn up 30 cents at one point Thursday. Crude oil also soared above $100 per barrel, hitting the highest level since 2014. 

Glyphosate was already in short supply heading into the 2022 planting season, but another black swan event is putting an even tighter squeeze on supplies.

As ag retailers continue to navigate a turbulent supply scenario for planting season, FBN says their glyphosate supplies are in a “comfortable” position. The company explains how they were able to secure supplies.

Brazil slashed its soybean forecast this week, while China's hunger for U.S. soybeans seems to be growing. And it led to soybean prices continuing to surge higher this week. 

Darrin Simmons is conquering his NFL coaching dreams in Cincinnati, but the Kansas farm kid says he combines wheat when he’s not on the football field. This week he's savoring the surreal experience of the Super Bowl.

WTI oil prices crossed the $90 mark last week for the first time since 2014. Strong oil prices typically translate into strong demand for corn ethanol, but some analysts warn electric vehicles may put that on a detour.

As soybean prices race higher, some farmers may look to switch acres to soybeans this year. U.S. Farm Report analysts say with the acreage debate already heating up, the acreage battle could be the wildest battle yet.

More than 70% of the country is still covered in drought. And while the latest winter storm was packed with needed moisture for some areas, it didn't blanket every area needing moisture to restore depleted soils.

No matter where you travel across the country right now, farmers share similar concerns. The latest Ag Economy Barometer fell to its lowest reading since July 2020 as the input situation weighs outlooks.

Dept. of Commerce issued a preliminary determination this week showing urea nitrate from Russia and Trinidad and Tobago is being sold into the U.S. at less than fair value. The ruling could open the door for tariffs.  

Recent COVID-19 vaccine mandates in both the U.S. and Canada could take even more truckers off the road. Trucking industry experts warn while empty store shelves could turn into more fertilizer shortages next.

16-year-old Mary Schalk set off on her first solo flight the day after a destructive tornado ravaged Mayfield, Ky. Her mission was to get supplies to those who needed it, as many were left with nothing after the storm.

On Dec. 10, 2021, a tornado tore across Kentucky demolishing areas in its path. Farmers and state leaders say it will be a long road to recovery with trouble sourcing even enough fencing supplies to rebuild.

2021 was a strong financial year for many farmers. For 2022, input costs are rising rapidly. One ag lender cites $700 per acre in some scenarios. That means farmers will need strong yields this season to break even.

The Biden Administration is deploying money and resources to ramp up clean energy projects across rural America. The White House says the plan taps federal lands to install wind, solar and geothermal energy projects.

USDA made slight adjustments to the final 2021 corn-production estimate, but not due to a change in yield. USDA reported a slightly higher national soybean yield. The agency also revised demand in WASDE on Wednesday.

The report found nitrogen accounts for more than 50% of fertilizer costs for a corn producer at $117 per acre.

A new report from Texas A&M Agricultural and Food Policy Center (AFPC) a 50% rise in fertilizer prices equates to an average of $128,000 per farm. The largest per-acre impact would falls on rice farms at $62.04 an acre.

USDA will release several reports Wednesday, January 12, including Crop Production, Grain Stocks and WASDE. With declining outlooks for South America's crop, Garrett Toay and Brian Splitt break down what to watch.

For 142 years, a secret seed society at Michigan State University has uncovered one of the world’s oldest science experiments, answering how long weed seeds remain viable. Today, one weed species continues to sprout.

USTR Katherine Tai announced Tuesday that the United States prevailed in its first dispute settlement panel proceeding brought under USCMA. As U.S. dairy leaders applaud the ruling, Canada is also claiming victory.

Equipment prices soared in 2021. As equipment manufacturers had issues sourcing parts to build new, it placed even higher demand on used. Machinery Pete weighs in on lessons learned during such a dynamic year.

2021 was a wild ride for commodity markets. From China to weather concerns, weather worries in South America seemed to trump demand to close out 2021. Here's what analysts say they learned and what they're watching now.

Fertilizer prices have soared with top fertilizer companies in North America on pace for their best performance since 2009. One former Congressman says the fix for climbing prices probably won't come from Washington. 

A new report by EPA shows despite increased restrictions on dicamba, more than 3,500 issues were reported this year with dicamba drifting onto other crops. Three grower groups say the data could have significant gaps. 

As airlines jet out to reduce their carbon footprint, renewable diesel and sustainable aviation fuel are taking flight. And analysts say it could be a demand boon for U.S. farmers.

From increased input prices, to a dimmer outlook on corn export demand, analysts say there are a multitude of factors driving the outlook into the new year. Analysts weigh in on their price picture projections for 2022.

California could see monumental rain and snow this week. The powerful storm is expected to drench the West Coast, as forecasters say the system could bring a month's worth of rain in a matter of days.

During a rare mid-December tornado outbreak, Mayfield Grain Company in Mayfield, Ky. took a direct hit as portions of the facility were shredded by the powerful storm. Papers from the facility were found 98 miles away.

Most of the report's focus was on wheat; USDA made little change to corn and soybeans for both domestic and South American production.

Commodity markets were on a rollercoaster ride this week, with a sharp drop to end November and then a recovery to end the first few days of December. Analysts say that volatility might just be getting started.

The White House says 95.6% of USDA employees have received at least one dose of the COVID-19 vaccine or filed for an exemption, but the number who've received the vaccine is the lowest among reported federal agencies.

Inflation is effecting consumers across the country. And as Americans prepare to gather for Thanksgiving this year, it will cost most Americans more than it did last year, but not the highest price ever.

The White House announced Tuesday it's tapping into oil reserves in an effort to help relieve the rising prices at the pump. But could the decision drive oil prices higher and impact corn prices? Analysts weigh in.