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Livestock Markets Plunge as April Live Cattle Falls Over

Wednesday, March 11, 2026 at 5:47 PM

DELMARVA — Livestock markets suffered significant losses Tuesday at the Chicago Mercantile Exchange, with April live cattle contracts plummeting $2.22 to close at $230.15 per hundredweight. June live cattle dropped $2.12 to settle at $228.07. Feeder cattle also posted significant declines as multiple pressures converged on the market. Research Research from Ohio State University shows […]

Listen to the Evening Delmarva Farm Report Update — March 11, 2026

DELMARVA — Livestock markets suffered significant losses Tuesday at the Chicago Mercantile Exchange, with April live cattle contracts plummeting $2.22 to close at $230.15 per hundredweight. June live cattle dropped $2.12 to settle at $228.07. Feeder cattle also posted significant declines as multiple pressures converged on the market.

Research

Research from Ohio State University shows farmers who plant soybeans first in spring see better financial returns compared to those who prioritize corn. The finding comes from the university’s Battle for the Belt research initiative, now in its 2nd phase examining replanting strategies.

Markets

Soybeans and corn posted midweek gains on strength in crude oil. Soybean oil led the rally on anticipated biodiesel demand. At Chicago, May corn settled higher, soybeans advanced, and wheat futures posted mixed results.

Forecast

Delmarva will see a mild evening with temperatures near 69° under mostly sunny skies. Tonight brings a slight chance of showers and thunderstorms with lows around 44°. Thursday turns wet with rain moving through and highs only reaching 54°. Thursday night there’s a chance of rain and snow before skies clear with lows dropping to 30°. Friday rebounds with mostly sunny conditions and highs near 50°.

This article is based on the Delmarva Farm Report Update Evening Edition, March 11, 2026. Hosted by Tom Bradley.

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