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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
As he awaits official per-acre payment rates from USDA, Jerry Gulke is leaning toward soybeans versus corn, saying the estimated $46-per-acre corn payment is woefully inadequate and “like a bridge to nowhere.”
Jim McCormick with AgMarket.Net says the slide in soybeans has been a result of prices getting too high in anticipation of the China trade deal. Now prices are lower than before the purchases were announced. He’s hopeful a low is close.
Another set of estimates have been released to divvy up the $11 million earmarked for eligible row crop producers. Payments range from $21 per acre for barley to a high of $134 per acre for rice.
Scott Varilek, Kooima Kooima Varilek says live cattle futures are higher despite some lower Northern cash trade. However, this week the trend has been sideways with the market unable to take out chart resistance.
Ted Seifried with Zaner Ag Hedge says rumors of China purchases circulate nearly every time the corn market rallies.
Darin Newsom, senior market analyst with Barchart, Inc. says corn is seeing some short covering but demand has also been a factor with ethanol production at a record level this week and exports continuing to run at a record pace.
Naomi Blohm with Total Farm Marketing says soybeans have also confirmed the head and shoulders top and are working lower completing the shoulder.
Bryan Doherty with Total Farm Marketing says soybeans have served as an anchor for the grain markets on a host of bearish news items and fund liquidation.
Don Roose with U.S. Commodities says the soybeans and wheat made new lows for the move on Monday. Grains have been suffering from a lack of bullish news and for soybeans China fatigue is also a factor.
Brad Kooima with Kooima Kooima Varilek says the cattle futures are overbought after last week’s higher weekly closes. So this is a healthy correction.