Michelle Rook_square.jpg

Michelle Rook

National Reporter

Michelle Rook is a national agricultural reporter and market analyst for Farm Journal’s AgDay and U.S. Farm Report, and she is the host of Markets Now. With expertise in commodity markets, grain trading, and agricultural journalism, she delivers daily market updates and analysis to farmers nationwide. She earned the NAFB Farm Broadcaster of the Year award and the prestigious Doan Excellence in Reporting Award.

Latest Stories
Just this week, China’s largest real estate firm was told it must liquidate after trying to restructure for two years. Some experts say the country is teetering on a recession.
March soybeans closed below long-term chart support of $12.00, the first time soybeans have been under that level since June of 2023. Toay says that now opens the door for $11.76 to be tested.
AgDay TV Markets Now: Garrett Toay, Ag Trader Talk, says a “perfect storm” fueled the risk off selling in grain markets on Monday,
Grain and livestock futures see risk off commodity wide selling. China news, Middle East war escalation and rumors of Brazil soybean imports hit the markets. Kent Beadle, Paradigm Futures has more.
Funds bought grains midweek after China announced economic stimulus, but they jumped right back out on Friday after Asian markets failed to rally.” Mike Zuzulo, Global Commodity Analytics, says its due to demand fears.
AgDay TV Markets Now: Mike Zuzulo, Global Commodity Analytics, discusses why funds sold grains to end the week but bought cattle and hogs futures.
“I don’t think we are going to see huge losses in prices from here forward, but these are not exciting prices,” says Jerry Gulke, president of the Gulke Group.
Grains consolidating as funds are back in selling end of week. Cattle make new highs again pushed by higher cash. Crude oil stalls after 9-weeks highs Thursday. Darin Newsom, Barchart, has details.
AgDay TV Markets Now: Vince Boddicker, Farmers Trading Company, explains why the soybean complex sank on Thursday and why cattle and hogs made new highs for the move.
The collapse of soybean basis levels in Brazil tanked the soy complex. Vince Boddicker, Farmers Trading Company says, “People are saying with the basis dropping that hard maybe the Brazilian crop isn’t that tight.”