NEWS
Under the Agridome
Philip Shaw DTN Columnist
Fri Nov 22, 2013 02:17 PM CST

For many years, I farmed and sold grain when prices were below or close to the cost of production. That's the way it was post-1981 when I started farming. So, with the ethanol boom changing the game five years ago, I moved into delusional territory. I was not used to demand-driven markets; $7 corn was delusional. I've said it many times. It wasn't our father's market anymore!

Those days seem to be gone now, as a bearish tone has taken over grain markets. So much so, that Thursday, while speaking in Elmira, Ont., I displayed a slide that said, "Maybe ...

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