A market analyst is telling farmers to expect volatility through the summer.
Arlan Suderman with StoneX says commodities are trading in a “money-rich” environment boosted by federal stimulus. “A lot more money than what we’ve normally seen. We’ve got expanded position limits that took place on March 15 at the CME Group with position limits 60 to 80 percent higher then when they were depending on the commodity. We’re anticipating big price swings in both directions through this growing season,” he says.
