DTN Ag Host Midday Livestock

The livestock complex continues mixed as traders desire to see the contracts move higher but would like to see some fundamental support first. No cash cattle trade has developed but bids are on the table in both Texas and Nebraska. May corn is down 1 3/4 cents per bushel and May soybean meal is up $1.50. The Dow Jones Industrial Average is down 284.28 points and NASDAQ is down 278.37 points.

Thursday’s export report shared that beef net sales of 10,700 metric tons (mt) for 2026 were up noticeably from the previous week, but down 19% from the prior four-week average. The three largest buyers were Japan (2,900 mt), Taiwan (1,600 mt) and South Korea (1,600 mt). Pork net sales of 40,300 mt for 2026 were up 43% from the previous week and 23% from the prior four-week average. The three largest buyers were Mexico (14,100 mt), China (9,700 mt) and Japan (5,800 mt).