Articles tagged under: Ed Usset
Tattoo Your Backside
Published October 9, 2024
University of Minnesota Extension Economist Ed Usset is advising farmers to sell into any rallies seen in the grain market. He’s firm about this view. "Don't do it in permanent ink, but tattoo 'sell rallies' on your backside and keep…Cost of Production Helps Determine Marketing Plan
Published December 20, 2023
University of Minnesota Extension Crops Economist Ed Usset wants farmers to know their production costs, “That’s your first step. It gives you an idea of where you want to start,” said Usset. Futures prices are below average production costs. “I…Strap In for Another Golden Age in Agriculture
Published February 13, 2023
The first 'golden age of agriculture' was in the early 1900s when farm income doubled and land values tripled. University of Minnesota Grain Marketing Economist Edward Usset says American agriculture enjoyed similar success from 2007-to-2014. “It’s the second Golden Age"…Rally Could Impact Acreage in Northern Plains
Published January 22, 2021
The corn and soybean rally will impact local planting intention. During the AgCountry Farm Credit Services Virtual Marketing Day, NDSU Extension Crops Marketing Economist Frayne Olson said he has heard from specialty crop companies. "The processors would be very comfortable…“Hunkering Down” for the New Normal in Agriculture
Published September 30, 2019
As bankers gathered at the Ag Credit Conference, the economy and its financial impact on those in agriculture were the talk around the room. With low commodity prices, University of Minnesota grain marketing economist Ed Usset says farmers need to…A Potential Lasting Impact of the U.S. China Trade War
Published March 1, 2019
University of Minnesota Grain Marketing Specialist Ed Usset is hopeful soybean trade with China can return to pre-trade war levels, but he is concerned. "I've read the Chinese are revisiting how much soybean meal they need to feed hogs. That's…Short-Term Trade Pain Could Have Long-Term Consequences
Published September 25, 2018
When it comes to trade, University of Minnesota Grain Marketing Specialist Ed Usset says short term pain may become long-term pain. "I am very concerned that even if tomorrow we all kissed and made up and got back to business…The End of a Bear Market
Published August 1, 2018
The U.S. corn and soybean crops may look good, but University of Minnesota Grain Market Economist Ed Usset says stocks are not growing worldwide. "I think we should be celebrating the end of a bear market. I want to clarify…