TAGS - Corn And Soybean Producers Turning To Options In A High Volatility Environment

• Grain market participants are used to unpredictability and risk, but 2022 has brought to the forefront a confluence of risks few have seen.
• The war in Ukraine has added a deeper dimension to global food worries. Known as the breadbasket of Europe, the region is responsible for 25% of wheat exports, along with some corn and oilseed exports.
• Corn and soybean prices reached 10-year highs and wheat prices were just off all-time highs in March, so U.S. spring planting season presents both opportunities and risks for farmers, Suderman says.

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