DTN Ag Host Midday Livestock

The livestock complex is mixed as the market continues to yearn to see stronger fundamental support. A single bid is on the table in Kansas but otherwise no new developments have surfaced in the cash cattle market following Wednesday’s trade. May corn is up 3 cents per bushel and May soybean meal is up $4.60. The Dow Jones Industrial Average is down 505.44 points and NASDAQ is down 297.95 points.

Thursday’s export report shared that beef net sales of 25,400 metric tons (mt) for 2026 — a marketing year high — were up noticeably from the previous week and up 87% from the prior four-week average. The three largest buyers were South Korea (11,600 mt), Japan (5,900 mt) and Hong Kong (3,200 mt). Pork net sales of 23,700 mt for 2026 — a marketing year low — were down 34% from the previous week and 30% from the prior four-week average. The three largest buyers were Mexico (5,200 mt), Japan (3,700 mt) and China (2,900 mt).