DTN Ag Host Midday Livestock
The livestock complex is trading mixed into midday Thursday as the live cattle market is trailing slightly lower, seeming to wait for the week’s fed cash cattle trade to develop. Meanwhile, most of the lean hog and nearby feeder cattle contracts are trading higher. March corn is up 1/2 cent per bushel and March soybean meal is down $1.50. The Dow Jones Industrial Average is down 8.36 points and the NASDAQ is down 330.77 points.
Thursday’s export report shared that beef net sales of 16,900 mt for 2026 were primarily for South Korea (7,600 mt), Japan (4,900 mt) and Hong Kong (1,800 mt). Pork net sales of 56,000 mt for 2026 were primarily for Mexico (28,300 mt), China (15,900 mt) and Japan (3,800 mt).
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