Under the Agridome
DTN Contributing Analyst Philip Shaw notes through the years, USDA reports on March 30, June 30 and the January report are the big three. Any dalliance with the numbers in these different reports can often cause big movements...
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 says the futures market is priced like everything is perfect. That's always a dangerous assumption in early June. Noncommercials may be leaning hard on the short side now, but it wouldn't take...
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Under the Agridome
DTN Contributing Analyst Philip Shaw says just like the politics and trade decisions ongoing at the moment, crop prices are also hard to predict, even looking at the latest USDA weekly Crop Progress report.
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Under the Agridome
DTN Contributing Analyst Philip Shaw says you might have different views about noncommercial traders, but they do add a good dimension to grain price discovery. Here's why.
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Under the Agridome
DTN Contributing Analyst Philip Shaw says while farmers are busy making their day-to-day micro decisions on their farms to get their crops planted and fieldwork done, they need to be aware of the various influences on the market...
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Under the Agridome
The ag markets hate uncertainty. As farmers, here we go; we just got more risk heaped up on our table.