DTN Ag Host Midday Livestock

The livestock complex is trading lower into Thursday’s noon hour as the market simply doesn’t possess the support it needs to trade higher. Again, a single bid is being offered in Nebraska, but no cattle have traded. May corn is up 3 1/2 cents per bushel and May soybean meal is up $12.20. The Dow Jones Industrial Average is down 353.91 points and NASDAQ is down 166.87 points.

Thursday’s export report shared that beef net sales of 3,200 metric tons (mt) for 2026 — a marketing year low — were down 87% from the previous week and 80% from the prior four-week average. The three largest buyers were Japan (3,800 mt), Hong Kong (1,600 mt) and Taiwan (800 mt). Pork net sales of 28,300 mt for 2026 were up 19% from the previous week and down 13% from the 4-week average. The three largest buyers were Mexico (7,500 mt), South Korea (5,700 mt) and China (3,500 mt).