Under the Agridome
DTN Contributing Analyst Philip Shaw says farmers can't control who wins elections or what tariff policy gets posted on social media at 3 a.m., but they can control how they respond to it.
Philip Shaw
DTN Columnist
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.
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Under the Agridome
DTN Contributing Analyst Philip Shaw encourages farmers to watch the basis closely: There are healthy contraction movements in future spreads and basis across much of the United States, and he says it's the market telling us...
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Under the Agridome
DTN Contributing Analyst Philip Shaw says the numbers, the reports and the currency swings are all part of the game. What matters most is what farmers see out the end of their combines and the bids at their local elevators and...
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Under the Agridome
DTN Contributing Analyst Philip Shaw offers some optimism, because despite how difficult agricultural economics can get and depressing it may seem for farmers, he believes there are some rays of sunshine if you look really hard.
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Under the Agridome
DTN Contributing Analyst Philip Shaw says whether it's the loonie value, interest rates, huge U.S. crops, low crop prices or the broader challenges in the Canadian economy, there's no shortage of marketing factors to juggle.
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Under the Agridome
DTN Contributing Analyst Philip Shaw says to push Canada away from its dependence on the U.S., Prime Minister Mark Carney announced the development of some very big mega Canadian projects that Canadians could control themselves.
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Under the Agridome
DTN Contributing Analyst Philip Shaw says grain marketing is never just about predicting prices; it's about spreads, basis, crop conditions, geopolitics, and weather patterns. AI is always looking backward, trained on history to...
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Under the Agridome
DTN Contributing Analyst Philip Shaw says yield forecasts going off script in the next two weeks might lead to market opportunities.