DTN Ag Host Midday Livestock

The livestock complex is trading higher into midday Thursday as the market desires to run higher and is seeing some positive fundamental support, which is allowing the contracts to do so. No cash cattle trade has developed. March corn is down 1 cent per bushel and March soybean meal is down $2.00. The Dow Jones Industrial Average is up 368.18 points and the NASDAQ is up 189.14 points.

Thursday’s export report shared that beef net sales of 11,200 mt for 2026 were primarily for South Korea (3,800 mt), Japan (2,000 mt) and Mexico (1,700 mt). Pork net sales of 26,800 mt for 2026 were primarily for Mexico (9,200 mt), Japan (5,200 mt) and South Korea (4,100 mt).