DTN Ag Host Midday Livestock

The livestock contracts are mixed heading into Thursday’s noon hour with traders longing to see continued fundamental support. Still no cash cattle trade has developed. May corn is up 7 cents per bushel and May soybean meal is down $0.60. The Dow Jones Industrial Average is down 873.85 points and NASDAQ is down 138.07 points.

Thursday’s export report shared that beef net sales of 11,200 metric tons (mt) for 2026 were down 14% from the previous week and 29% from the prior four-week average. The three largest buyers were Japan (3,300 mt), South Korea (2,300 mt) and Mexico (1,700 mt). Pork net sales of 36,100 mt for 2026 were down 15% from the previous week but up 8% from the prior four-week average. The three largest buyers were Mexico (22,400 mt), Japan (3,800 mt) and South Korea (2,500 mt).