Uploaded August 2026 | Updated September 2026, 2 weeks ago
Commodity market volatility now travels through freight and fuel, so one shipping disruption reprices grain, beef and diesel together.
In this episode of In the Round, Philip Smith, Group Chief Executive of StoneX, is joined by Brent Grecian, Adam Stout and Alex Hodes to explore how energy, agriculture and logistics risk have converged.
The panel works through Strait of Hormuz disruption and its effect on freight rates, why global refining capacity is shifting toward Asia and the Middle East, how renewable fuel mandates tie soybean oil to diesel economics and why the United States has become a significant importer of beef.
Discover Actionable Markets Insights with StoneX Market Intelligence: shop.stonex.com/collections/all?utm_source=youtube&utm_medium=social&utm_campaign=sxtv_guest_philip_smith&utm_content=share
0:00 Commodity Complexity Builds
1:58 Cattle Supply Keeps Tightening
6:34 Hormuz Moves Freight Rates
12:30 Energy Risk Hides in Margins
17:00 Meat Markets Turn Physical
27:32 Hedging Versus Gambling Myth
30:51 Soybean Oil Meets Diesel Rules
38:27 Where Volatility Builds Next
Like and subscribe for more financial market insights.
#StoneX #CrudeOil #Diesel #AlexHodes #AdamStout #BrentGrecian #commodities
Commodity market volatility now travels through freight and fuel, so one shipping disruption reprices grain, beef and diesel together.
In this episode of In the Round, Philip Smith, Group Chief Executive of StoneX, is joined by Brent Grecian, Adam Stout and Alex Hodes to explore how energy, agriculture and logistics risk have converged.
The panel works through Strait of Hormuz disruption and its effect on freight rates, why global refining capacity is shifting toward Asia and the Middle East, how renewable fuel mandates tie soybean oil to diesel economics and why the United States has become a significant importer of beef.
Discover Actionable Markets Insights with StoneX Market Intelligence: shop.stonex.com/collections/all?utm_source=youtube&utm_medium=social&utm_campaign=sxtv_guest_philip_smith&utm_content=share
0:00 Commodity Complexity Builds
1:58 Cattle Supply Keeps Tightening
6:34 Hormuz Moves Freight Rates
12:30 Energy Risk Hides in Margins
17:00 Meat Markets Turn Physical
27:32 Hedging Versus Gambling Myth
30:51 Soybean Oil Meets Diesel Rules
38:27 Where Volatility Builds Next
Like and subscribe for more financial market insights.
#StoneX #CrudeOil #Diesel #AlexHodes #AdamStout #BrentGrecian #commodities
