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Livestock Markets Drop Sharply Ahead of Friday USDA On Feed Report

Thursday, March 19, 2026 at 5:47 PM

DELMARVA — Livestock markets experienced significant losses at the Chicago Mercantile Exchange on Thursday as traders exercised caution ahead of Friday’s USDA On Feed report. Markets Live cattle for April delivery dropped $2.12 to close at $233.27 per hundredweight. June contracts fell $2.30 to finish at $231.70. Feeder cattle saw even steeper losses with April […]

Listen to the Evening Delmarva Farm Report Update — March 19, 2026

DELMARVA — Livestock markets experienced significant losses at the Chicago Mercantile Exchange on Thursday as traders exercised caution ahead of Friday’s USDA On Feed report.

Markets

Live cattle for April delivery dropped $2.12 to close at $233.27 per hundredweight. June contracts fell $2.30 to finish at $231.70. Feeder cattle saw even steeper losses with April contracts down $6.07 to close at $347.75. May deliveries fell $6.45 lower. The pullback reflects caution before the federal report.

Corn futures and soybeans showed mixed action with wheat holding steady across the major contracts.

Policy

A prominent ethanol industry leader warned that the Department of Energy may exclude sustainable farming practices from final regulations governing the 45Z biofuel production tax credit. The executive fears low-carbon farming techniques could be left out of DOE’s rule-making for this significant tax incentive program.

Forecast

Mostly clear skies are expected tonight with lows around 35 degrees and light southerly winds. Friday brings mostly sunny conditions with highs reaching 57 degrees and south winds up to 15 miles per hour. Rain showers are likely Friday night with temperatures holding near 46 degrees.

This article is based on the Delmarva Farm Report Update Evening Edition, March 19, 2026. Hosted by Tom Bradley.

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