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.

Watch The Latest Episode on Farm Journal TV.

More from Michelle Rook
DuWayne Bosse of Bolt Marketing says soybeans are consolidating with products, despite a 30,000 MT sale of bean oil to South Korea.
John Heinberg, Total Farm Marketing, says corn failed mid-session with conflicting information about guidance being delayed for the 45Z Clean Fuel Production Credits, but it also hit chart resistance.
Brad Kooima, Kooima Kooima Varilek, says cattle recover Tuesday after a KS plant closure headline hurt the market. Grains see a technical bounce with a lower dollar.
Kevin Duling, KD Investors, says more tariff talk over the weekend from President-elect Trump, this time on the BRICS nations, had fund or managed money traders nervous again and pushed the dollar higher.
Jim McCormick with AgMarket.Net says Mexico, Canada and China are the top three export customers of the U.S. and account for 40% of total exports. So, if these countries retaliate it could be devasting for trade and ag markets.
Mike Minor, Professional Ag Marketing, says the markets shook off tariff talk and saw positioning end of month and before first notice day Friday.
2024 marks an end to Jay Reiners’ farming career. None of his kids are interested in coming back to the farm, so he’s retiring. With no regrets, he knows the legacy of the farm lives on in the success of his children.
Jim McCormick, AgMarket.Net, says corn and soybeans slid on possible tariffs being placed on Mexico, Canada and China. Wheat ends higher on short covering.
Randy Martinson, Martinson Ag, says market reaction has been muted to possible 25% tariffs on Mexico and Canada and 10% on China on the first day of the Trump administration.
Kent Beadle with Paradigm Futures says soybeans built on Friday’s bullish reversal with talk China is looking for more U.S. soybeans. Cattle had a volatile session with a bearish Cattle on Feed Report and sorting through import restrictions on Mexican cattle due to New World Screwworm.
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