Crude Oil Surge Drives Market Volatility

Grains and oilseeds rise as crude oil prices climb higher

Mar. 12, 2026 at 9:47pm

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Increased volatility is being seen in the markets on Thursday, with crude oil prices rising once again and pulling grains and oilseeds higher along with it. Arlan Suderman, Chief Commodities Economist at StoneX, discussed the market movements during the StoneX Ag & Dairy Market Outlook meeting in Nashville, Tennessee.

Why it matters

Fluctuations in crude oil prices can have a significant impact on the agricultural commodity markets, as the cost of fuel and transportation is a major factor in the production and distribution of grains, oilseeds, and other farm products. The volatility in the markets highlights the interconnectedness of different sectors of the economy.

The details

Crude oil prices have been on the rise, leading to increases in the prices of grains and oilseeds. Arlan Suderman, the Chief Commodities Economist at StoneX, provided insights on the market movements during the StoneX Ag & Dairy Market Outlook meeting in Nashville, Tennessee.

  • The StoneX Ag & Dairy Market Outlook meeting took place on Thursday, March 12, 2026.

The players

Arlan Suderman

Chief Commodities Economist at StoneX.

StoneX

A global financial services firm that provides market intelligence and risk management solutions to clients in the agriculture, energy, and financial sectors.

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What they’re saying

“More volatility is being seen in the markets on Thursday with crude oil on the rise once again, pulling grains and oilseeds higher with it.”

— Arlan Suderman, Chief Commodities Economist

The takeaway

The volatility in the markets highlights the interconnectedness of different sectors of the economy, as fluctuations in crude oil prices can have a significant impact on the agricultural commodity markets due to the importance of fuel and transportation costs in the production and distribution of farm products.