Cattle futures were higher again Tuesday.
Toward the close, Live Cattle futures were an average of 70¢ higher. Feeder Cattle futures were an average of $1.44 higher.
Negotiated cash fed cattle trade was at a standstill in all regions through Tuesday afternoon, according to the Agricultural Marketing Service.
Last week, FOB live prices were $204/cwt. in the Southern Plains and $208 in the North. Dressed delivered prices were $327-$328.
Choice boxed beef cutout value was 13¢ lower Tuesday afternoon at $335.43/cwt. Select was 61¢ lower at $315.24.
Grain and Soybean futures softened Monday with likely continued profit taking.
Toward the close and through Sep ’25 contracts, Corn futures were mostly fractionally higher to 4¢ lower. Kansas City Wheat futures were 2¢ to 3¢ lower. Soybean futures were fractionally lower to 6¢ lower.
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