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AgHost Livestock Close

AgHost Livestock Close

The livestock market closed mixed as it continues to yearn for better fundamental support. Some more cash cattle trade developed, but prices were steady with Wednesday’s trade. May corn is up 2 1/4 cents per bushel and May soybean meal is up $4.80. The Dow Jones Industrial Average is down 739.42 points and the NASDAQ is down 404.15 points.

Thursday’s export report shared that beef net sales of 25,400 mt for 2026, a marketing year high, were up noticeably from the previous week and up 87% from the prior 4-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 4-week average. The three largest buyers were Mexico (5,200 mt), Japan (3,700 mt) and China (2,900 mt).

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