MN CropCast: Grain marketing is simple - just not easy - with Ed Usset

Ed Usset, Grain marketing economist at the University of Minnesota Center for Farm Financial Management, was the guest for episode 39 of Minnesota CropCast. Since 2001, Ed has been writing and executing marketing plans for two virtual farms; a corn and soybean operation in southwestern Minnesota and a wheat farm in the Red River Valley of northwestern Minnesota. Throughout the discussion, Ed emphasizes the importance for grain growers to forward price their grain based on an understanding of seasonal market patterns after harvest, especially during times of lower commodity prices. He also reviews some of the common mistakes in marketing in terms of timing grain sales. Finally, the discussion covers how national production and international demand factors may impact the 2024-2025 marketing year.

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What is Minnesota CropCast?

Hosts David Nicolai and Seth Naeve discuss the progress and challenges of Minnesota's agronomic crops in this new podcast. They are joined by a diversity of specialists representing all crops and agronomic disciplines to discuss their research and its impact on future Minnesota crops. Dave Nicolai is a crops Extension educator and Seth Naeve is the Extension soybean agronomist.

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You can subscribe and listen to Minnesota CropCast using one of many popular podcasting apps or directories. Learn more.