DTN Ag Host Midday Livestock

The livestock complex is keeping with its recent trend as the cattle contracts are trading lower, but the lean hog contracts continue to inch higher. December corn is down 6 cents per bushel and December soybean meal is up $2.00. Some light cash cattle trade is currently being reported in Kansas at $237 to $238, but otherwise the cash market is idle elsewhere. The Dow Jones Industrial Average is down 69.59 points and the NASDAQ is down 264.74 points.

Thursday’s export report shared that beef net sales of 8,000 mt for 2026 were down 43% from the previous week and 45% from the prior 4-week average. The three largest buyers were Japan (2,400 mt), Canada (1,900 mt) and Mexico (1,200 mt). Pork net sales of 21,600 mt for 2026 were up 22% from the previous week but down 12% from the prior four-week average. The largest buyers were Mexico (9,100 mt), Japan (7,100 mt) and Canada (1,400 mt).