Under the Agridome

Without USDA Reports, Watch Future Spread and Basis for Crop Clues

Philip Shaw
By  Philip Shaw , DTN Columnist
Connect with Philip:
@agridome
Harvest continues in Ontario. With the U.S. government shutdown, we have few new USDA numbers, but futures spreads and basis give a few clues. The lower Canadian dollar is helping, too. (DTN photo courtesy of Philip Shaw)
Harvest continues in Ontario. With the U.S. government shutdown, we have few new USDA numbers, but futures spreads and basis give a few clues. The lower Canadian dollar is helping, too. (DTN photo courtesy of Philip Shaw)
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 maybe this crop is not as good as...

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Philip Shaw

Philip Shaw
About the Author
Connect with Philip:
@agridome