Ryan Tungseth

Volatility is Back — and So Are the Opportunities The Calm Before the Surge For months, the grain markets were quiet—too quiet. Volatility drained out of the system, option prices stayed cheap, and producers were left waiting for something—anything—to move. Then one weekend changed everything. A surprise trade deal announcement lit a fire under soybeans, sending prices higher and phones ringing across farm country. After a season of stillness, the market suddenly feels alive again. And when...

Breaking the Marketing Cycle Every fall, the same question surfaces: Should I store, sell, or re-own? It’s a simple question with big consequences — and this year, it’s harder than ever to answer. Soybeans have been stubborn, corn remains expensive relative to wheat, and many producers feel trapped in the same cycle of waiting too long and selling too low. But as Jon Prischman put it in this week’s Hedge Heads  episode, “What you want is to be the guy who’s not asking this anymore.” That...

Low Volatility, Big Decisions: What Producers Should Be Thinking About Now The Quiet Market Paradox You can feel it across the board: volatility has drained out of the markets. Corn options are pricing in barely any movement, soybeans are flat, and even the tweets that used to shake things up barely move the needle. Cheap options and slow-moving markets can lure producers into complacency. Options and Storage: Playing Defense with an Edge With implied volatility this low, options are...