AgHost Livestock Close

The livestock complex once gained ended the day mixed with the cattle contracts closing higher while the hog contracts trailed lower. Traders remain hopeful that when the cash market trades, it could potentially hold steady if not push a tick higher and give the market the fundamental support it isn’t desiring. May corn is down 3 1/4 cents per bushel and May soybean meal is up $3.50. The Dow Jones Industrial Average is up 275.88 points and the NASDAQ is up 187.42 points.

Thursday’s export report shared that beef net sales of 17,400 mt for 2026 were up 47% from the previous week and 36% from the prior 4-week average. The three largest buyers were South Korea (6,100 mt), Japan (6,100 mt) and Mexico (1,100 mt). Pork net sales of 31,300 mt for 2026 were down 41% from the previous week and 14% from the prior 4-week average. The three largest buyers were Mexico (14,700 mt), Japan (3,700 mt) and South Korea (1,800 mt).