The grains complex continues to deal with decent growing conditions, better than expected yields, and a tougher global markets environment. This week we saw the market volatility index spike to levels not seen since last year when Russia was invading Ukraine (translation: market participants are pulling dollars out and parking it in cash positions as both commodity and equity markets seem to be in a bit of a slump). Outside of the grain markets, oil trading is getting pretty ugly as the calls for $30/barrel WTI crude continue to accelerate. While never a perfect correlation, the oilseed market does follow…
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