DTN Ag Host Midday Livestock

DTN Midday Livestock

It’s been a mostly uneventful day thus far for the livestock complex as the cattle contracts continue to sink lower, but the lean hog contracts are inching higher. No new cash cattle trade has developed following Thursday’s movement. December corn is up 2 cents per bushel and December soybean meal is up $1.30. The Dow Jones Industrial Average is down 266.07 points and the NASDAQ is down 44.34 points.

Friday’s export report shared that beef net sales of 16,600 mt for 2025 were up 22% from the previous week and 51% from the prior 4-week average. The three largest buyers were Japan (5,000 mt), South Korea (4,600 mt) and Taiwan (2,400 mt). Pork net sales of 23,700 mt for 2025 were down 44% from the previous week and 17% from the prior 4-week average. The three largest buyers were Mexico (10,100 mt), Japan (2,300 mt) and Canada (2,100 mt).