Consus Ag Consulting Afternoon Wrap Up

Summary

The episode reviews the day's agricultural market activity, noting a shift toward consolidation and profit‑taking ahead of the President’s Day holiday, which typically boosts contract positioning. It highlights mixed South American weather impacts, with particular focus on Argentina’s continued crop rating declines, and cites a cooler U.S. inflation report—CPI at 2.4% in January 2026, driven by lower energy costs and an 8% drop in retail gasoline. Beef prices surged 17% year‑over‑year, while cash markets softened as farmers increased selling around the monthly WASDE release.