Markets Now with Michelle RookMarkets Now with Michelle Rook

Markets Now Closing Markets -5-1-24 Audio

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Corn, soybeans and bean oil see a short covering technical bounce, but is corn also adding some weather premium?  Wheat corrects with rain the forecast for dry HRW areas so is it routine profit taking or is the rally about over?    The FOMC leaves rates unchanged so why did the stock market rally?  Ted Seifried, Zaner Ag Hedge, has the answers. Plus, he says cattle see fund liquidation on continued fears about H5N1 and he is watching the April lows for support on the charts.  

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  1. Markets Now with Michelle Rook

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Markets Now with Michelle Rook

Michelle Rook talks daily with industry analyst to break down agricultural and commodity markets. 
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