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AgHost Livestock Close

AgHost Livestock Close

The livestock contracts ended the day higher, as traders were willing to mildly support the contracts even without there being strong developments in the cash market. There was another thin movement on Thursday in the cash complex, but prices held steady with Wednesday’s business, which is $2 lower in both regions. May corn is up 1 1/4 cents per bushel, and July soybean meal is up $0.20. The Dow Jones Industrial Average is down 179.71 points, and the NASDAQ is down 219.07 points. Thursday’s export report shared that beef net sales of 15,100 metric tons (mt) for 2026 were up 26% from the previous week and 17% from the prior four-week average. The three largest buyers were South Korea (5,100 mt), Japan (4,100 mt) and Mexico (2,100 mt). Pork net sales of 16,100 mt for 2026 — a marketing year low — were down 57% from the previous week and 60% from the prior 4-week average. The three largest buyers were Mexico (8,900 mt), South Korea (3,300 mt) and Columbia (3,300 mt).

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