DTN Midday Livestock

DTN Midday Livestock

Thus far, it’s been a mostly supportive morning for the livestock complex as all three of the markets are trading mostly higher at midday Thursday. Again, there’s been a light movement of cattle in the North, but no trade has developed in the South. December corn is up 6 cents per bushel and December soybean meal is down $3.70. The Dow Jones Industrial Average is down 227.26 points and the NASDAQ is down 107.03 points.

Thursday’s export report shared that Beef net sales of 10,100 mt for 2025 were up noticeably from the previous week, but down 11% from the prior 4-week average. The three largest buyers were Japan (2,500 mt), Hong Kong (2,400 mt) and South Korea (1,600 mt). Pork net sales of 19,200 mt for 2025 were down 9% from the previous week and 29% from the prior 4-week average. The three largest buyers were Mexico (5,300 mt), South Korea (4,000 mt) and Japan (2,600 mt).