Under the Agridome
DTN Contributing Analyst Philip Shaw says farmers are very used to the grain fundamentals pushing prices down at this time of year into harvest. This year was different because of all these diverse geopolitical events affecting...
Crude and refined product futures were little changed Wednesday after a two-day plunge, as a surprise weekly build in U.S. crude stocks offset...
Ethanol production in the United States averaged 1.107 million barrels per day (bpd) in the week ended July 31.
Weather continues to be a theme for DTN's View From the Cab farmers this season. The Maryland and Minnesota farmers are giving thanks for some...
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Philip Shaw is a Canadian farmer and agricultural economist who grows corn, wheat and soybeans on 865 acres near Dresden, Ontario. He has his Bachelor of Science degree and his Master of Science degree in Agricultural Economics and Business from the University of Guelph.
Philip is a contributing editor to DTN, which publishes his weekly agricultural economic commentary in his "Under the Agridome" column. He also writes and podcasts "Market Trends" as a monthly analysis of grain prices for the Grain Farmers of Ontario. His commodity commentary has been published in Grainnews, the Ontario Farmer, the Ontario Grain Grower Magazine, Country Guide, FCC Express and several other publications, including in French in Quebec. He is a feature speaker across Canada and the United States and in January 2020 lectured on "Canada's Blue Economy" at East West University in Dhaka, Bangladesh.
DTN Contributing Analyst Philip Shaw says farmers are very used to the grain fundamentals pushing prices down at this time of year into harvest. This year was different because of all these diverse geopolitical events affecting...
During the next few weeks, Canada and the U.S. will engage in tense trade negotiations. Let's hope common sense prevails.
Statistics Canada isn't timely with its crop acreage and production estimates; USDA survey response rates to reports like crop production, acreage and grain stocks were 80% to 85% in 1992 but declined to 50% to 55% in 2016 and...
DTN Contributing Analyst Philip Shaw looks at the benefits of wheat, the importance of quality and why wheat still gets so little respect as an agricultural commodity.
DTN Contributing Analyst Philip Shaw says as Canada and the U.S. celebrate another year of their shared history, they also face the U.S. president not renewing the trade agreement involving the U.S., Canada and Mexico. That's an...
DTN Contributing Analyst Philip Shaw says it's increasingly hard to look the other way when he sees announcements of increased subsidies going to U.S. farmers. Most Canadian programs for...
DTN Contributing Analyst Philip Shaw says the last three or four months of war between the U.S. and Iran caused all kinds of uncertain volatility. The uncertainty continues during the next 60 days of negotiation period between the...
DTN Contributing Analyst Philip Shaw takes a closer look at the WASDE numbers that came out this week.
DTN Contributing Analyst Philip Shaw says what is particularly unwelcome about grain price erosion is that spring bills are coming due and they are much higher than a year ago.
DTN Contributing Analyst Philip Shaw says regardless of what you feel about new crop prices and the geopolitical environment, keep in mind this is the season for seasonality.
DTN Contributing Analyst Philip Shaw says the war or lack of war in Iran has really upset the energy applecart and it has had an effect on grain prices. It just so happens soybean oil has that relationship with its crude cousin...
DTN Contributing Analyst Philip Shaw takes a look at the latest USDA Crop Production and World Agricultural Supply and Demand Estimates (WASDE) reports and notes the reports say that there's grain everywhere and there will not...
DTN Contributing Analyst Philip Shaw says he's coming off big record yields last year and he's hoping for the same this year. He adds that as the corn crop goes into the ground, it carries with it all the usual optimism and...