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Arlan Suderman

Chief Commodities Economist

Role: Arlan Suderman is the Chief Commodities Economist for StoneX Group Inc. – FCM Division, a financial services provider for global markets.

Experience: Suderman oversees the company’s commodity market intelligence efforts. He provides unique market insight on global macro-economic trends and their implications for the commodity markets. Previously, Suderman served as Senior Market Analyst at Water Street Solutions, an agricultural consulting firm.

Prior to that, Suderman was a Market Analyst for Farm Futures magazine and FarmFutures.com, while also providing written daily market commentary for Farm Progress Companies’ family of state and regional publications and websites.

Suderman started his career with the Kansas Extension Service, developing educational programming focused on crop production, marketing and risk management. He later worked for a private consulting service helping farmers with marketing and risk management. 

Education: A graduate of Kansas State University, with a degree specializing in Animal Science & Industry, Suderman has an expertise and passion for the markets that gives him valuable insight into the realities of macro-economic trends and emerging geopolitical risks and how they influence the commodity markets.

Expertise: Suderman is a leading commentator in the Ag commodity sector, with particular expertise in the interaction with the broader markets. He shares his market commentary daily on ‘X’ (formerly Twitter) with more than 50K followers, as well as on StoneX’s Market Intelligence Web site. Arlan can be heard daily on many radio stations across the Midwest as well as on Sirius XM Rural Radio and weekly on RFD-TV's Market Day Report, while also being a regular guest on AgDay, Market to Market, the U.S. Farm Report, and the Schwab Network, as well as regularly being quoted by the Wall Street Journal and by Reuters and Bloomberg.

Recent articles

Perspective: Morning Commentary for November 9

November 9 – Stock futures built on Friday’s consolidation, as value buyers slowly re-entered the market overnight. We’ll get key inflation data this week, with the consumer price index for October scheduled for release tomorrow, followed by the producer price index on Friday. Scheduled negotiations regarding both major wars on commodity logistics will also take place over the next few days. The VIX slid lower to trade near 23, while the dollar index slipped lower to trade near 101.8. Yields on 10-year Treasuries are trading near 4.83% this morning, while yields on 2-year Treasuries are trading near 4.52%. WTI crude oil prices are near $87, while Brent trades near $94 per barrel. The grain and oilseed complex traded mixed to weaker overnight, with traders now focused on tomorrow’s big USDA WASDE crop report.

Arlan Suderman
Arlan Suderman
  • Grains & Oilseeds
  • Energy
  • Dairy
  • Renewable Fuels
  • Meats & Livestock
  • Forest Products

Perspective: Morning Commentary for November 6

November 6 – Volatility remains high on Wall Street this morning, as we add the monthly jobs report to the post-election market correction. The Nasdaq dropped sharply on Thursday amid a fear that the Democrats taking over Congress would create major challenges for tech companies – especially those involved with AI. It’s trying to bounce this morning, but the headlines over AI risks continue to flow. Today’s jobs report should help to redirect some of that focus momentarily, but the possibility of more volatility clearly remains with us. As such, the VIX – Wall Street’s “fear index” – is trading near 27 at this hour. My observation over the decades is that commodity assets struggle to sustain rallies when the VIX is above 30, unless that asset has a strong story of its own. The dollar index is trading near 102.3. Yields on 10-year Treasuries are trading near 4.86%, while yields on 2-year Treasuries are trading near 4.53%. WTI crude oil is trading near $91, while Brent trades near $98 per barrel. The grain and oilseed sector traded mixed overnight, with wheat posting double-digit losses, while corn and soybeans were either side of unchanged in early trade.

Arlan Suderman
Arlan Suderman
  • Grains & Oilseeds
  • Energy
  • Dairy
  • Renewable Fuels
  • Meats & Livestock
  • Forest Products

Perspective: Mid-Day Commentary for November 4

November 4 - The Dow Jones Industrial Average surged higher on the election results this morning, with the Nasdaq and the S&P close behind. There were initial concerns for tech companies regarding increased regulation of AI by a Democratic congress, but Wall Street loves a gridlocked government. Gridlock means that nothing gets done that can hurt the economy, which is doing quite well right now overall - albeit segments are hurting. Furthermore, prospects for peace in the Middle East have crude oil prices dropping sharply once again, with crude oil supplies actually exceeding demand at times in recent weeks. Meanwhile, corn and wheat prices found modest support on ideas that a Democratic Congress will lean more supportive of Ukraine, which could escalate the conflict in the Black Sea, keeping commodity shipments out of that region restricted for a while longer. Elevated hopes for peace in recent weeks had been tied to perceptions that President Trump was establishing more of a working relationship with Russia, at a perceived expense of Ukraine. That may change now following the elections.

Arlan Suderman
Arlan Suderman
  • Grains & Oilseeds
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