DTN Ag Host Midday Livestock

The livestock complex is trading mixed as the cattle contracts would like to continue their rally, but aren't comfortable doing so until traders see what comes to fruit in this week's cash cattle market. Meanwhile, the lean hog complex is trading lower as traders are disgruntled with the morning's export report. May corn is up 5 cents per bushel and May soybean meal is down $0.40. The Dow Jones Industrial Average is up 52.31 points.

Thursday's export sales report shared that beef net sales of 10,200 mt for 2025 were down 29% from the previous week and 40% from the prior 4-week average. The three largest buyers were South Korea (3,000 mt), Japan (2,800 mt) and Taiwan (1,200 mt). Pork net sales of 18,100 mt for 2025 -- a marketing year low -- were down 11% from the previous week and 40% from the prior 4-week average. The three largest buyers were Mexico (4,700 mt), Japan (3,500 mt) and South Korea (2,300 mt).

(c) Copyright 2025 DTN, LLC. All rights reserved.