Latest News From Tyne Morgan

You Ain't Seen Nothing Yet: Why Economists Say Cattle Prices Will Soar Even Higher This Year
You Ain't Seen Nothing Yet: Why Economists Say Cattle Prices Will Soar Even Higher This Year

Oklahoma State's Derrell Peel points out with the U.S. beef cow herd the smallest since 1961 and the all cattle inventory the lowest since 1951, it’s setting the cattle market up for higher highs.

Why Ag Economists Think Net Farm Income Could Fall to Lowest Level in 3 Years
Why Ag Economists Think Net Farm Income Could Fall to Lowest Level in 3 Years

Ag economists’ views on the ag economy took a dive in the first Ag Economists’ Monthly Monitor of 2024; however, relatively strong balance sheets and working capital could provide a cushion for 2024. 

What's Causing These Frigid Temperatures Right Now?
What's Causing These Frigid Temperatures Right Now?

With another round of frigid temperatures blanketing the U.S. again, what's behind the cold? Here's a hint: it's not El Niño.

A Snapshot of USDA's Surprising January Report in 10 Charts
A Snapshot of USDA's Surprising January Report in 10 Charts

With larger-than-expected yield revisions to both corn and soybeans, it leaves one burning question: which states grew such big yields in 2023? USDA NASS released maps and charts to help answer that.

Are You Ready For the Polar Plunge? Some Areas Could See Temperatures Plummet to Negative 40 Degrees
Are You Ready For the Polar Plunge? Some Areas Could See Temperatures Plummet to Negative 40 Degrees

From 40 degrees above zero earlier this week in parts of the Great Plains to now forecasts for temps to fall 40 degrees below zero, ag meteorologist Drew Lerner says the frigid conditions will be dangerous for livestock.

Attacks In The Red Sea Are Now A Nightmare For Shippers. Here's Why It Could Actually Open The Door For More Exports Of U.S. Corn
Attacks In The Red Sea Are Now A Nightmare For Shippers. Here's Why It Could Actually Open The Door For More Exports Of U.S. Corn

From drought issues posing problems in the Panama Canal to growing tensions and attacks in the Red Sea, it's causing freight rates to skyrocket and ongoing delays in shipping products around the globe. 

Now Is the Time to Pay Attention to the Weather Forecast: Severe Snowstorm Forecasted to Dump Multiple Feet of Snow
Now Is the Time to Pay Attention to the Weather Forecast: Severe Snowstorm Forecasted to Dump Multiple Feet of Snow

Major winter storms are on the way early next week. With the possibility of blizzard conditions to flooding in the southeast, the impact on agriculture could be two-fold: good news for drought but stress to livestock.

Which Foreign Country Owns the Most Farmland in the U.S.? Hint: It's Not China
Which Foreign Country Owns the Most Farmland in the U.S.? Hint: It's Not China

In October 2023, Arkansas became the first state to ban foreign-owned farmland. More states look to adopt similar laws, but one policy expert says the issue is rooted in politics and warns of unintended consequences.

The El Niño Effect: Is El Niño to Blame for the Historic Heat and Drought that Gripped the U.S. in 2023?
The El Niño Effect: Is El Niño to Blame for the Historic Heat and Drought that Gripped the U.S. in 2023?

From the intense heat in the South to drought blanketing much of the U.S., weather stole headlines again in 2023. What caused such extreme conditions? One meteorologist explains the culprits of the heat and drought.

How One Family is Sharing the Magic of Christmas on Their Farm
How One Family is Sharing the Magic of Christmas on Their Farm

The Prescott Family Reindeer Farm in southern Missouri is 240 acres rooted in a deep desire to give everyone a full Christmas experience. Cattle producers by trade, they decided to also add reindeer to their mix.

From a Recession in China to $4 Corn, Here Are 10 Potential Surprises Ag Economists Say Could Impact Agriculture in 2024
From a Recession in China to $4 Corn, Here Are 10 Potential Surprises Ag Economists Say Could Impact Agriculture in 2024

From the election to world trade, as well as geopolitical factors that have the potential to shape agriculture in 2024, the December Ag Economists' Monthly Monitor shows the possibility of several economic surprises.

Better Yields and Improved Crop Prices Propel Ag Economists' Outlooks for 2024
Better Yields and Improved Crop Prices Propel Ag Economists' Outlooks for 2024

After two months of a waning outlook on the ag economy, economists views took a turn in the November Ag Economists’ Monthly Monitor, a survey of nearly 70 ag economists from across the country.

Will Border Security Issues Force Congress To Take Action On Immigration Reform? Ag Economists Say It's Unlikely
Will Border Security Issues Force Congress To Take Action On Immigration Reform? Ag Economists Say It's Unlikely

The debate over immigration continues to be an issue in Washington. However, the Ag Economists' Monthly Monitor shows economists are still skeptical it's enough for Congress to act on immigration reform.

The Ag Economy Is Healthy, And That's One Reason Economists Think It Could Be 2025 Before We See A New Farm Bill
The Ag Economy Is Healthy, And That's One Reason Economists Think It Could Be 2025 Before We See A New Farm Bill

Political unrest, a healthy ag economy and the start of an election year. These are all reasons economists in the October Ag Economists' Monthly Monitor think it could 2025 before Congress passes a new farm bill.

 K-State is Now On a Mission to Estimate the Potential Economic Losses From Possible Foreign Animal Diseases
K-State is Now On a Mission to Estimate the Potential Economic Losses From Possible Foreign Animal Diseases

A team at K-State has been chosen by the World Organisation of Animal Health to lead an international effort that will develop decision-making tools and improve communication on the economic impacts of animal diseases.

Is A Recession Imminent? Here Are The Red Flags Ag Economists Are Now Watching
Is A Recession Imminent? Here Are The Red Flags Ag Economists Are Now Watching

While ag economists continue to be at odds when it comes to the likelihood of a recession in the U.S., some doubt the country's biggest importers will be able to avoid a recession over the next 18 months.

Startling Reality: Rate of Suicide Among Farmers is 3.5 Times Higher Than the General Population
Startling Reality: Rate of Suicide Among Farmers is 3.5 Times Higher Than the General Population

September is National Suicide Prevention Month. According to the CDC, between 2000 and 2020 suicide rates climbed 46% in rural areas. By comparison, the rate in metro areas climbed 27.3%. 

 Out Of The 10 Biggest Ag Commodities In The U.S., Leading Ag Economists Are Most Bullish On Beef Cattle
Out Of The 10 Biggest Ag Commodities In The U.S., Leading Ag Economists Are Most Bullish On Beef Cattle

Ag economists’ view on the ag economy is starting to erode, but when asked to rank commodities, economists are the most bullish on beef. The September Ag Economists’ Monthly Monitor also asked economists what could impact livestock prices over the next 6 months.

Life-Saving Find: How This Missouri Soil Unearthed A Golden Medical Discovery 75 Years Ago
Life-Saving Find: How This Missouri Soil Unearthed A Golden Medical Discovery 75 Years Ago

Missouri soils unlocked a ‘golden’ antibiotic 75 years ago that’s still used in livestock today.

Nearly Two Years After Worker Strike, John Deere Lays Off 225 Workers From Harvester Works Location Indefinitely
Nearly Two Years After Worker Strike, John Deere Lays Off 225 Workers From Harvester Works Location Indefinitely

Nearly two years after close to 10,000 John Deere workers went on strike over a labor dispute, the company is indefinitely laying off 225 jobs from its Harvester Works location in October.

First Monarch Electric Autonomous Tractor Lands in the Midwest
First Monarch Electric Autonomous Tractor Lands in the Midwest

The University of Missouri became the first college to land an electric autonomous tractor, a tool that will drive teaching and research into the future.

Could Cattle Prices Soar Through Next Year? That's What Economists Think, And It Could Completely Change the Industry
Could Cattle Prices Soar Through Next Year? That's What Economists Think, And It Could Completely Change the Industry

The August Ag Economists' Monthly Monitor asked economists when they think cattle herd expansion will start to take place. The majority think cattle contraction will continue for at least another year. 

The Midwest is Set to Bake Under High Heat, Ag Meteorologists Now Worry About Severe Crop Damage
The Midwest is Set to Bake Under High Heat, Ag Meteorologists Now Worry About Severe Crop Damage

With heat forecast to top 100 degrees in places, combined with the expectation for little to no rain, crop conditions could deteriorate and the biggest risk in the western and central Corn Belt.

Ag Economists Cast Doubt On Just How Much of a Reduction the U.S. Cattle Herd Has Seen in a Year
Ag Economists Cast Doubt On Just How Much of a Reduction the U.S. Cattle Herd Has Seen in a Year

As USDA prepares to release the July beef cattle inventory report, the Ag Economists' Monthly Monitor forecasts only a small reduction year-over-year. If the forecast holds true, it could put a damper on cattle prices. 

Ag Economists Turn More Positive Longer-Term On the Farm Economy
Ag Economists Turn More Positive Longer-Term On the Farm Economy

The July Ag Economists' Monthly Monitor showed several key changes from June including a bigger cut to corn and soybean yields, a drop in corn and soybean prices and more bullish cattle and hog prices.

 What in the World is Going On With Glyphosate Prices?
What in the World is Going On With Glyphosate Prices?

Suppliers and retailers continue to cut glyphosate prices in the U.S. as the industry grapples with too much supplies. With no resolve in sight, one inputs analyst thinks glyphosate prices could remain low through 2023.

Most Ag Economists Think It's Unlikely the 2023 Farm Bill Will Be Passed in 2023
Most Ag Economists Think It's Unlikely the 2023 Farm Bill Will Be Passed in 2023

The majority of ag economists don’t expect a farm bill to be written by the upcoming deadline, but a few think it could happen by the end of the year, according to the most recent Ag Economists’ Monthly Monitor.

Midwest Rains Not Enough to Break Long-Term Drought, 67% of Corn Still Rooted in Drought
Midwest Rains Not Enough to Break Long-Term Drought, 67% of Corn Still Rooted in Drought

The National Drought Mitigation Center estimates 67% of corn and 60% of soybeans are still considered to be in drought, a slight improvement from last week when drought covered 70% of corn and 63% of soybeans.

Game Changer for Soybeans? USDA Ignites Fireworks in the Markets With Two Major Acreage Surprises
Game Changer for Soybeans? USDA Ignites Fireworks in the Markets With Two Major Acreage Surprises

USDA released a few big surprises in the June acreage report, including a spike in corn acres and a large reduction in soybean acres. The agency also forecasts grain stocks below trade expectations.

Derecho Packs Punch of 100 MPH Winds, Flattens Cornfields and Crushes Grain Bins Across the Midwest
Derecho Packs Punch of 100 MPH Winds, Flattens Cornfields and Crushes Grain Bins Across the Midwest

Hurricane-force winds swept from northern Missouri and Iowa all the way east to Illinois and Indiana. The derecho brought wind gusts up to 100 mph, flattening cornfields, but it also drenched soils with crucial rains.

Recent Rains Didn't Put a Dent in the Midwest Drought, 70% of U.S. Corn Crop Now Hit by Drought
Recent Rains Didn't Put a Dent in the Midwest Drought, 70% of U.S. Corn Crop Now Hit by Drought

Even with rains sweeping the Northern Corn Belt last weekend, the latest drought monitor shows drought continues to spread across Illinois with D2 (Severe Drought) taking a 28-point jump in a week.

High Production Costs Could Weigh on the Ag Economy Through 2024, New Survey of Economists Finds
High Production Costs Could Weigh on the Ag Economy Through 2024, New Survey of Economists Finds

The Ag Economists’ Monthly Monitor is a new survey of nearly 50 economists. Most ag economists agree the next 12 months could produce more financial pressure for agriculture, but their views vary depending on commodity.

Drought Watch: 64% of U.S. Corn Crop Now Covered by Drought
Drought Watch: 64% of U.S. Corn Crop Now Covered by Drought

Drought is deepening across the Midwest with 64% of the corn crop and 57% of the soybean crop across the U.S. now covered in drought, a sizable jump in just a week after NASS showed a historic drop in condition ratings.

Production Problems in the Eastern Corn Belt? A Look at NOAA's New Summer Drought Outlook
Production Problems in the Eastern Corn Belt? A Look at NOAA's New Summer Drought Outlook

The updated drought monitor indicates dryness will continue to expand across eastern Missouri, eastern Iowa, Illinois, Indiana, Wisconsin, Michigan, Ohio and Pennsylvania.

Drought Concerns Grow as 57% of Corn, 51% of Soybeans in the U.S. Now Considered to Be in Drought
Drought Concerns Grow as 57% of Corn, 51% of Soybeans in the U.S. Now Considered to Be in Drought

Drought continues to deepen its grip across the Corn Belt, with Iowa and Illinois seeing large jumps in the moderate and severe drought categories. Now, more of the U.S. corn and soybean crop is covered in drought.

Egg Prices See Largest Monthly Drop in 72 Years, But Still Aren't Back to Normal
Egg Prices See Largest Monthly Drop in 72 Years, But Still Aren't Back to Normal

The CPI for May shows egg prices experienced the largest monthly drop in 72 years, but the price consumers are paying for a dozen eggs is still well above average over the past 10 years.

Drought Watch: Nearly Half of the U.S. Corn Crop is Now Covered in Drought
Drought Watch: Nearly Half of the U.S. Corn Crop is Now Covered in Drought

Last week, 34% of the U.S. corn crop was covered in drought, and this week it jumped to 45%. The second crop conditions ratings of the season from USDA-NASS confirmed dryness is starting to deteriorate crop conditions.

Flash Flooding Hits Texas Panhandle, Several Feedyards Now Face Massive Cleanup and Cattle Losses
Flash Flooding Hits Texas Panhandle, Several Feedyards Now Face Massive Cleanup and Cattle Losses

The area was hit especially hard by historic rains on Friday. It is home to several feedyards, with owners and operators trying to assess the number of cows lost due to flood waters rising so quickly.

Carving Out Convenience: Young Cattle Producer Serves Up Success With Vending Machine of Meat
Carving Out Convenience: Young Cattle Producer Serves Up Success With Vending Machine of Meat

With a slogan of "raised, not sourced," Tim Haer had a wild idea to differentiate their business: create a vending machine to sell meat produced on their family's farm, an idea he says that's been wildly successful.

The Forecast Looks Good for Grilling, And That's Great News for Meat Demand
The Forecast Looks Good for Grilling, And That's Great News for Meat Demand

Meat demand peaked last year, but economists say domestic demand is still stronger than pre-pandemic levels, and with more grilling this Memorial Day weekend, it could help boost domestic meat demand.

USDA Just Provided the First National Snapshot of Pasture Conditions, And It Hints at More Cow Culling Ahead
USDA Just Provided the First National Snapshot of Pasture Conditions, And It Hints at More Cow Culling Ahead

USDA’s pasture and range conditions shows 33% is rated good/excellent and 37% is poor/very poor. While the picture is improved from last year, a deeper dive shows one state is worse than 2013.

Is El Niño to Thank for the Recent Rains in the Drought-Stricken Plains?
Is El Niño to Thank for the Recent Rains in the Drought-Stricken Plains?

Farmers in the Southern Plains are finally starting to see much-needed moisture hit their fields. It may be too late for winter wheat, but it’s a hopeful sign for those needing the rain to even plant summer crops.

Punishing Drought Now Expected to Persist Through July Across Texas, Plains
Punishing Drought Now Expected to Persist Through July Across Texas, Plains

The updated Seasonal Drought Outlook for the U.S. is painting a grim picture for many drought-plagued areas of the Plains, but forecasters also expect drought to improve in parts of Nebraska and Iowa.

Brutal Blast of Cold Set to Bring Widespread Freeze to the Western Corn Belt and Plains
Brutal Blast of Cold Set to Bring Widespread Freeze to the Western Corn Belt and Plains

A late April blast could bring sub-freezing temperatures as far south as northern Texas, sparking growing concerns about the potential damage to winter wheat.

Kansas Winter Wheat Crop Crippled by Drought that Covers 80% of the State
Kansas Winter Wheat Crop Crippled by Drought that Covers 80% of the State

Kansas typically accounts for 25% of the nation's winter wheat production, but ongoing drought is weighing on overall crop conditions. Farmers are now facing the possibility of increased abandonment this year.

Large Explosion and Fire Breaks Out at South Fork Dairy in Dimmitt, Texas Monday Night
Large Explosion and Fire Breaks Out at South Fork Dairy in Dimmitt, Texas Monday Night

The explosion occurred at South Fork dairy, which is located just southeast of Dimmitt. According to Castro County Sheriff Sal Rivera, the explosion occurred around 7:20 p.m. on Monday. The cause is still unknown.

For the Love of the Game, How Agriculture Helped Birth the Game of Basketball
For the Love of the Game, How Agriculture Helped Birth the Game of Basketball

It may not seem like basketball has a strong connection to agriculture, but from the balls used in the NBA, to the sport itself, agriculture has direct ties to a sport that takes over televisions during March Madness.

Is Grass-Fed Beef Healthier or Better for the Environment?
Is Grass-Fed Beef Healthier or Better for the Environment?

Oklahoma State University meat scientist Gretchen Mafi has studied the scientific differences between beef that comes from animals finished on a grain diet versus those animals finished on grass.

'It Looks Like a War Zone': Texas Farmer Describes Wheat Crop Now Ravaged by Sunday's Derecho and Dust Storm
'It Looks Like a War Zone': Texas Farmer Describes Wheat Crop Now Ravaged by Sunday's Derecho and Dust Storm

Scenes across Texas, Oklahoma and Kansas resemble the Dust Bowl after winds topping 100 mph ravaged the area. Growers are dealing with a dryland wheat crop that could already see abandonment as high as 80%.

USDA Confirms Farmers’ Fears: Net Farm and Net Cash Farm Income Expected to Fall This Year 
USDA Confirms Farmers’ Fears: Net Farm and Net Cash Farm Income Expected to Fall This Year 

USDA’s first official net farm income forecast shows an expected 16% drop in 2023 net farm income, largely due to a decline in commodity prices and government payments with higher expenses and costs at the farm level.