Markets Now
National reporter Michelle Rook talks daily with industry analysts to break down crop and livestock commodity markets. Listen below to learn what’s happening with the markets when they open, at midday and again at close.
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Allison Thompson with The Money Farm thinks the bearish USDA report news is priced into the market and this weeks lows are likely to hold.
Don Roose with U.S. Commodities says the bearish USDA report news has been largely factored in but corn and soybeans are establishing new lower trading ranges.
The debate over immigration and ag labor reform has been a political hot potato for decades now and has led to inaction by Congress, but leaders of the House and Senate Ag Committees say they are making it a priority for 2026.
Corn and soybeans try to bounce Wednesday morning. Vince Boddicker with Farmers Trading Company says some of this is short covering or corrective buying as the market was oversold but he’s not sure the bearish USDA news is all digested.
Brian Grete with Commstock Investments says the corn market is still trying to digest the shock of USDA’s January reports. March corn futures came within striking distance of the Aug. 12 low at $4.10.
Brad Kooima with Kooima Kooima Varilek says strong cash has been supportive of the cattle futures and he expects a higher week in the fed market again this week. Grains are still digesting USDA’s bearish reports.
Arlan Suderman, chief commodities economist with StoneX says the move surprised him even though their customer survey’s during the season had yield at 186 bu.
UNL predicts closure will result in $3.28 billion in annual statewide economic losses. The analysis projects more than 7,000 jobs lost statewide, including 3,212 plant positions, along with significant reductions in labor income and state and local tax revenues.
Jerry Gulke, president of the Gulke Group, says many farmers believe that corn and soybean yields need to be cut but he will be watching the ending stocks for direction.
Darren Frye with Water Street Solutions says the trade guesses are fairly conservative with not many changes expected. However, that is not the history of the January reports. So could there be a surprise?