Rodriguez has been in the news this week, with certain media outlets reporting that the Colombian international could be considering a move back to Spain to join Atletico Madrid.
The 29-year-old joined Everton from Real Madrid last summer and has so far contributed five goals and three assists in 17 Premier League appearances this season.
Everton face Liverpool in a crunch top flight encounter at Anfield later on Saturday, and ahead of the game Ancelotti has maintained that the 2014 World Cup top scorer is content with life at Goodison Park.
"He is okay, he has no problem. I talk to him every day, he is happy here, confident, motivated," the Everton manager told a news conference.
"He had a little problem in the last few games with his calf. But now he is in good condition. He really feels good here because everyone takes care of him, and that's it.
"I don't know if he complains about the weather, but the weather we know that it is not the best weather ever, but there are a lot of things good in this area."
Everton have just one win in their last six league matches and will be looking to get back on track against Jurgen Klopp’s men.
