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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
Brad Kooima, Kooima Kooima Varilek, says grains lose early strength running into chart resistance. While cattle also started higher with the sharply higher cash trade Thursday but faded.
Scott Varilek, Kooima Kooima Varilek, says the slightly higher placements than expectations in the USDA Cattle on Feed Report are not a concern to him. He thinks cash is ultimately king!
Brad Kooima, Kooima Kooima Varilek, says cattle are seeing followthrough buying and strength Monday morning as the S&P 500 continues to stabilize and recover after the tariff delays.
Arlan Suderman, StoneX Chief Commodities Economist says the markets reacted positively to the 90-day delay on reciprocal tariffs for countries that reached out to negotiate with the U.S. and did not retaliate.
While tariffs are negative for grain and hog producers, tariffs on U.S. beef and cattle imports have a net effect of tightening supplies and that’s price positive.
Brad Kooima of Kooima Kooima Varilek says live cattle see buying interest after strong cash late last week. Corn tries to hold gains with soybeans seeing South American harvest pressure and concern about China’s 10% tariffs on U.S. soybeans.
Darren Frye, Water Street Solutions, says corn, wheat and hogs reacted negatively to the 25% tariffs being imposed on Canada and Mexico on March 4.
CattleFax released its annual price projections at CattleCon and expects cattle prices to stay strong for a while.
Kevin Good, Vice President of Industry Relations and Analysis with CattleFax, says the herd is still shrinking and so are slaughter levels and that will mean more record prices in 2025.
Brad Kooima of Kooima Kooima Varilek in Sioux Center, Iowa, says cash fed cattle trade hit record highs last week and could be steady to even a bit higher again this week. Historically tight supplies continue to support the rally.