Cattle futures continued to gain Wednesday, helped by positive outside markets.

Toward the close, Live Cattle futures were an average of 50¢ higher. Feeder Cattle futures were an average of $2.05 higher.

Negotiated cash fed cattle trade was inactive on light demand in all cattle feeding regions through Wednesday afternoon, according to the Agricultural Marketing Service.

Last week, FOB live prices were mainly $238/cwt. in the Southern Plains and mostly $235 in the North. Dressed delivered prices were mostly $372.

Choice boxed beef cutout value was $1.07 lower Wednesday afternoon at $394.42/cwt. Select was 34¢ lower at $392.59.

Grain and Soybean futures were lower Wednesday on retreating Crude Oil prices and reduced risk premium.

Toward the close, and through near Dec contracts, Kansas City HRW Wheat futures were 19¢ to 22¢ lower. Corn futures were 4¢ lower. Soybean futures were 3¢ to 5¢ lower through near Nov.

Cattle futures continued higher Tuesday, supported by more bullish outside markets and resurgent wholesale beef values.

Toward the close, Live Cattle futures were an average of $2.02 higher. Feeder Cattle futures were an average of $4.46 higher.

Negotiated cash fed cattle trade was inactive on light demand in all cattle feeding regions through Tuesday afternoon, according to the Agricultural Marketing Service.

Last week, FOB live prices were mainly $238/cwt. in the Southern Plains and mostly $235 in the North. Dressed delivered prices were mostly $372.

Choice boxed beef cutout value was $1.39 higher Tuesday afternoon at $395.49/cwt. Select was $1.92 higher at $392.93.

USDA’s Prospective Plantings and Grain Stocks reports helped lift Grain and Soybean futures on Tuesday.

Toward the close, and through near Dec contracts, Kansas City HRW Wheat futures were 8¢ to 10¢ higher, buoyed by estimated record-low planted acres in USDA’s Prospective Plantings report (see below).

Corn futures were mostly fractionally higher to 2¢ higher on lower stocks than expected, and despite more prospective planted acres than anticipated.

Soybean futures were 12¢ to 13¢ higher through near Nov, supported by fewer planted acres than expected.  

Cattle futures rose again Monday, building on last week’s gains, supported by higher negotiated cash fed cattle trade in the Southern Plains late Friday and firmer wholesale beef values.

Toward the close, Live Cattle futures were an average of $1.15 higher. Feeder Cattle futures were an average of $2.24 higher.

Negotiated cash fed cattle trade was inactive on light demand in all cattle feeding regions through Monday afternoon, according to the Agricultural Marketing Service.

Last week, FOB live prices were mostly $3 higher in the Southern Plains at mainly $238/cwt. and mostly steady in the North at mainly $235. Dressed delivered prices were mostly steady at mainly $372.

The five-area direct weighted average FOB live fed steer price last week was 61¢ higher at $235.69/cwt. The weighted average dressed delivered fed steer price was 45¢ lower at $371.70.

Choice boxed beef cutout value was $1.13 higher Monday afternoon at $394.10/cwt. Select was $1.14 higher at $391.01.

Grain futures and Soybean futures were lower Monday with profit taking, positioning for the end of the month and quarter, as well as Tuesday’s Prospective Plantings and Grain Stocks reports.

Toward the close, and through near Sep contracts, Kansas City HRW Wheat futures were 5¢ to 6¢ lower. Corn futures were 6¢ to 7¢ lower. Soybean futures were unchanged to 1¢ lower.  

Cattle futures extended gains Friday, supported by steady negotiated cash fed cattle prices and a friendly quarterly Hogs and Pigs report indicating the breeding inventory was 1% less year over year.

Live Cattle futures were an average of $2.87 higher. Feeder Cattle futures were an average of $5.93 higher.

Week to week on Friday, Live Cattle futures closed an average of $4.26 higher. Feeder Cattle futures closed an average of $10.14 higher.

Negotiated cash fed cattle trade ranged from inactive on light demand in the Southern Plains to limited on moderate demand in the North through Friday afternoon, according to the Agricultural Marketing Service.

For the week, FOB live prices in the North were steady at $235/cwt. and dressed delivered prices were steady at $372. FOB live prices were $235 in the Southern Plains the previous week.

Choice boxed beef cutout value was $3.12 higher Friday afternoon at $392.97/cwt. Select was $1.79 lower at $389.87. Week to week on Friday, Choice was $7.14 lower and Select was $2.37 lower.

Total estimated cattle slaughter last week of 520,000 head was 17,000 head more than the previous week but 89,000 head fewer than the same week last year. Year-to-date estimated total cattle slaughter of 6.5 million head was 745,000 head fewer (-10.2%) than the same time last year. Year-to-date estimated beef production of 5.96 billion pounds was 492.7 million pounds less (-7.8%).

Grain and Soybean futures were mixed Friday.

Kansas City HRW Wheat futures were 3¢ to 7¢ higher, as traders appeared to continue adding weather premium.

Corn and Soybean futures were lower with likely profit taking and perhaps positioning ahead of next week’s Prospective Plantings and Grain Stocks reports.

Corn futures were 3¢ to 5¢ lower through Jly ‘27. Soybean futures were 12¢ to 14¢ lower through the front three contracts and then 5¢ to 9¢ lower through Aug ‘27.  

Cattle futures faded early pressure to make gains Thursday, supported by early negotiated cash fed cattle trade at steady money.

Toward the close, Live Cattle futures were an average of 81¢ higher. Feeder Cattle futures were an average of $1.56 higher.

Negotiated cash fed cattle trade was light to moderate on moderate to good demand in Nebraska through Thursday afternoon, according to the Agricultural Marketing Service. Dressed delivered prices were steady at mainly $372/cwt. Although too few to trend, early FOB live prices were mainly steady at $235.

Trade was limited on moderate demand in the western Corn Belt. There were too few transactions to trend, but there were some early FOB live trades at $235, which was mostly steady. Dressed delivered prices were $372 last week.

Trade was inactive on moderate demand in the Southern Plains. FOB live prices there last week were $235.

Choice boxed beef cutout value was $1.84 lower  Thursday afternoon at $389.85/cwt. Select was $3.83 lower at $391.66.

Grain and Soybean futures were mixed Thursday.

Toward the close, and through near Sep contracts, Kansas City HRW Wheat futures were 8¢ to 9¢ higher, as traders appeared to add weather premium. Corn futures were fractionally lower to 1¢ lower. Soybean futures were fractionally mixed to 1¢ lower.  

Cattle futures were lower Wednesday, pressured by a sharp decrease in Choice wholesale beef values.

Choice boxed beef cutout value was $8.22 lower in the afternoon at $391.69/cwt. Select was 99¢ higher at $395.49. The Choice-Select spread was -$3.80. The last time the spread approached that level was in February 2022.

Toward the close, also awaiting the week’s negotiated cash fed cattle direction, Live Cattle futures were an average of 51¢ lower, except for 10¢ higher in away Aug.

Feeder Cattle futures were an average of $1.15 lower, except for $1.55 higher in waning spot Mar.

Negotiated cash fed cattle trade was inactive on light demand in all major cattle feeding regions through Wednesday afternoon, according to the Agricultural Marketing Service.

Last week, FOB live prices were mostly $235/cwt. Dressed delivered prices were mostly $372.

Grain futures were higher Wednesday, supported by announced rescheduled U.S. trade talks with China.

Toward the close, and through near Sep contracts, Kansas City HRW Wheat futures mostly 13¢ to 15¢ higher. Corn futures were 5¢ higher. Soybean futures were mostly 10¢ to 18¢ higher.

Cattle futures were mostly higher on Tuesday, despite resurgent oil prices and volatile equity markets. Toward the close, Live Cattle futures were an average of 47¢ higher, except for an average of 15¢ lower in the front two contracts. Feeder Cattle futures were an average of $1.91 higher.

Negotiated cash fed cattle trade was inactive on light demand in all major cattle feeding regions through Tuesday afternoon, according to the Agricultural Marketing Service.

Last week, FOB live prices were mostly $235/cwt. Dressed delivered prices were mostly $372.

Choice boxed beef cutout value was 78¢ higher Tuesday afternoon at $399.91/cwt. Select was 67¢ higher at $394.50.

Grain futures were higher Tuesday, buoyed by higher crude oil prices.

Toward the close, and through near Sep contracts, Kansas City HRW Wheat futures mostly 2¢ to 3¢ higher. Corn futures were 1¢ to 2¢ higher. Soybean futures were mostly 3¢ to 9¢ lower.

Cattle futures extended gains on Monday, helped by more bullish outside markets, and despite more placements than expected in Friday’s monthly Cattle on Feed report.Toward the close, Live Cattle futures were an average of 84¢ higher, except for 45¢ lower in the back contract. Feeder Cattle futures were an average of $1.70 higher.

Negotiated cash fed cattle trade was inactive on light demand in all major cattle feeding regions through Monday afternoon, according to the Agricultural Marketing Service.

Last week, FOB live prices were mostly steady in all regions at mainly $235/cwt. Dressed delivered prices were mostly steady at mainly $372.

The weekly weighted average five-area direct FOB live fed steer price last week was 25¢ higher at $235.08/cwt. The weekly weighted averaged dressed delivered fed steer price was 11¢ higher at $372.15.

Choice boxed beef cutout value was 98¢ lower Monday afternoon at $399.13/cwt. Select was 89¢ higher at $393.83.

Grain futures were lower Monday, pressured by lower crude oil prices.

Toward the close, and through near Sep contracts, Kansas City HRW Wheat futures were 1¢ lower. Corn futures were 5¢ lower. However, Soybean futures were 3¢ to 6¢ higher on likely technical buying.

Cattle futures were higher Friday, helped along by steady cash fed cattle prices.

Live Cattle futures were an average of $1.34 higher. Feeder Cattle futures were an average of $2.60 higher.

Week to week on Friday, Live Cattle futures closed an average of $3.46 higher. Feeder Cattle futures closed an average of $6.96 higher.

Negotiated cash fed cattle trade ranged from light to moderate on moderate demand in the Southern Plains to moderate on moderate to good demand in Nebraska through Friday afternoon, according to the Agricultural Marketing Service.

For the week, FOB live prices were steady to $1 lower in the Texas Panhandle at mostly $235/cwt. and steady elsewhere at mostly $235. Dressed delivered prices were mostly steady at mainly $372.

Choice boxed beef cutout value was 19¢ lower Friday afternoon at $400.11/cwt. Select was 49¢ higher at $392.94. Week to week on Friday, Choice was $2.89 higher and Select was 70¢ higher.

Estimated total cattle slaughter last week of 508,000 head was 17,000 head fewer than the previous week and 50,000 head fewer than the same week last year. Year-to-date estimated total cattle slaughter of 6.0 million head was 653,000 head fewer (-9.8%) than the same time last year. Estimated year-to-date beef production of 5.4 billion pounds was 429.8 million pounds less (-7.4%).

Grain and Soybean futures closed lower Friday on likely profit taking.

Kansas City HRW Wheat futures were 21¢ lower. Corn futures were 3¢ to 4¢ lower through Jly ‘27. Soybean futures were 5¢ to 7¢ lower through Aug ‘27.

Cattle futures were lower Thursday, weighed down by bearish outside markets, tied to escalating energy prices and uncertainty stemming from the U.S.-Israel attack on Iran.

Toward the close, Live Cattle futures were an average of $2.25 lower. Feeder Cattle futures were an average of $5.54 lower ($3.05 to $6.42 lower).

Negotiated cash fed cattle trade was inactive on light demand in all major cattle feeding regions through Thursday afternoon, according to the Agricultural Marketing Service.

Last week, FOB live prices were $235-$236/cwt. on a light test in the Texas Panhandle and mostly $235 elsewhere. Dressed delivered prices in the North were mainly $372.

Choice boxed beef cutout value was $1.45 lower Thursday afternoon at $400.30/cwt. Select was $3.72 lower at $392.45.

Corn and Soybean futures were higher Thursday, riding the coattails of Crude Oil futures prices and inflation concerns, while traders added weather premium to Hard Red Winter Wheat futures.

Toward the close, and through near Sep contracts, Corn futures were 5¢ to 6¢ higher. Soybean futures were 6¢ to 7¢ higher. Kansas City HRW Wheat futures were 4¢ higher.