Tidbits, Soybeans Pricing, Inflation 2/15/26
- Wright team
- 25 minutes ago
- 4 min read
Tidbits
The Ag futures market will not trade again until Monday evening due to President's Day.
The annual inflation rate in the U.S. slowed to 2.4% in January 2026, its lowest level since May, down from 2.7% in each of the previous two months and below forecasts of 2.5%.
Soybeans Pricing
Jake Hanley is the Chief Growth Officer and Director of Investments at Teucrium which provides Exchange Traded Funds (ETF) in agricultural futures-based strategies as an investment opportunity. Jake issues frequent market updates. His weekend comments about the soybean market:
"The market largely discounted a neutral-to-bearish WASDE update, which raised Brazil’s production estimate to a record 180 MMT. While Brazil’s rapid harvest pace and currency dynamics present potential headwinds, demand signals from China have remained the dominant driver. Sustaining the rally will likely depend on continued evidence of export follow-through and confirmation of durable demand."
His last sentence is correct that for the soybean market to continue higher, there must be follow-through demand. The increased domestic crush is great, but not nearly enough to sustain a price rally given world carryover is a 108 day supply. That means the world does not need to use any 2026 crop beans until 108 days into the new crop marketing year, which would be 17 December.
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