AgHost Livestock Close

Even though the livestock complex entered the new year officially mixed following losses in hog prices and strong gains across the cattle complex, the focus on very-active price support in both live cattle and feeder cattle trade seemed to steal the attention of the entire market. Live cattle contracts were led higher by spot-month contracts trading over $4 higher, while most feeder cattle trade pushed prices $7 to $8 per cwt higher by the end of the session. Limited trade was seen during the holiday week, but it looks like an active beginning for 2026. Hog futures were lightly traded, with spot contracts holding $1 per cwt losses heading into the weekend. Hog prices closed lower on the Daily Direct Afternoon hog report, down $0.19 with a weighted average of $70.19 on 316 hogs. March corn closed down 2 3/4 at $4.375 and March soybean meal closed down $3.40 at $296. The Dow Jones Industrial Average is up 319.10 at 48,382.39.

For the week ending: 1/2/26

From Friday-to-Friday livestock futures scored the following changes: February Live cattle up $6.18, April Live cattle up $6.28; January Feeder cattle up $9.93, March Feeder cattle up $12.53; February Lean hogs off $0.42, February Lean hogs off $0.42; February Pork cutout off $0.00, April Pork cutout unchanged.