AgHost Livestock Close

It was a disappointing day for the livestock complex, as both the futures contracts and the fed cash cattle market traded lower. At this point, only a handful of cattle have been traded in the North, but prices have been roughly $5.00 lower. May corn is up 1 1/2 cents per bushel and May soybean meal is down $0.90. The Dow Jones Industrial Average is up 17.05 points and the NASDAQ is down 273.70 points.

Thursday’s export report shared that beef net sales of 12,900 mt for 2026 were down 12% from the previous week and 23% from the prior 4-week average. The three largest buyers were Japan (4,500 mt), Mexico (1,900 mt) and South Korea (1,900 mt). Pork net sales of 42,600 mt for 2026 were up 56% from the previous week and 16% from the prior 4-week average. The three largest buyers were Mexico (25,600 mt), Japan (4,000 mt) and Colombia (2,800 mt).