Cattle futures closed mostly higher again Monday with further follow-through support from last week’s surging cash fed cattle prices.

Toward the close, Live cattle futures were an average of $1.10 higher (7¢ higher to $3.12 higher in spot Jun), except for an average 15¢ lower in two contracts.

Feeder Cattle futures were an average of 52¢ higher, except 30¢ lower in the back contract.

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

Last week, based on the latest established trade, FOB live prices were $9 higher in the Texas Panhandle at $232/cwt., $13 higher in Kansas at $235, $7 higher in Nebraska at $242-$244 and $5-$10 higher in the western Corn Belt at $240-$242. Dressed delivered prices were $10-$15 higher in Nebraska at $380 and $9 higher in the western Corn Belt at $380.

The five-area direct weighted average FOB live fed steer price last week was $6.68 higher at $236.62. The weighted average dressed delivered fed steer price was $12.28 higher at $380.34.

Choice boxed beef cutout value was $2.17 higher Monday afternoon at $367.25. Select was $2.20 higher at $358.93.

Turning to the grain complex, Grain and Soybean futures were lower Monday with likely pressure from the favorable weather outlook.

Toward the close and through Mar ‘26 contracts, Corn futures were 6¢ to 10¢ lower. Kansas City Wheat futures were 5¢ lower. Soybean futures were mixed, from 4¢ lower to 4¢ higher.

Cattle futures closed mostly higher again Friday with follow-through support from the week’s surging cash fed cattle prices.

Live cattle futures closed an average of $1.16 higher (12¢ higher toward the back to $3.40 higher at the front), except for 2¢ lower in away Aug.

Feeder Cattle futures closed an average of 61¢ higher (5¢ higher at the back to $1.00 higher at the front).

Week to week on Friday, Live Cattle futures closed an average of $6.27 higher ($3.15 higher toward the back to $10.82 higher in spot June). Feeder Cattle futures closed an average of $9.79 higher ($6.92 higher at the back to $11.42 higher toward the front).

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

Although too few transactions to trend, there were some FOB live trades in the Texas Panhandle at $232/cwt., which was steady with the previous day and $9 higher than the previous week.

FOB live prices in Kansas were $5 higher than Thursday at $235, which was $13 more than the previous week.

In Nebraska, FOB live prices were $2-$3 higher than Thursday at $242-$244, which was $7 higher than the previous week. Dressed delivered prices for the week were $10-$15 higher at $380.

In the western Corn Belt, FOB live prices were $3-$10 higher at $240, while dressed delivered prices were $9 higher at $380.

Choice boxed beef cutout value was $1.77 lower Friday afternoon at $365.08. Select was 12¢higher at $356.73. Week to week on Friday,         Choice was $1.26 lower and Select was 8¢ higher.

Estimated total cattle slaughter last week of 582,000 head was 105,000 head more than the previous week but 28,000 head fewer than the same week last year. Estimated total year-to-date cattle slaughter of 12.9 million head was 847,000 head fewer (-6.2%) than the same time last year. Estimated year-to-date beef production of 11.2 billion pounds was 328.2 million pounds less (-2.8%).

Turning to the grain complex, Grain and Soybean futures mostly extended gains Friday with support from announced trade talks between the U.S. and China, and perhaps some inkling of a weather premium.

Corn futures closed mostly fractionally higher to 1¢ higher. Kansas City Wheat futures closed 5¢ to 7¢ higher. Soybean futures closed mostly 3¢ higher.

Thursday was a banner day for cash fed cattle with active trade and very good demand in all major cattle feeding regions, according to the Agricultural Marketing Service.

Compared to the previous week, FOB live prices were mostly $9 higher in the Texas Panhandle at $232/cwt., $10 higher in Kansas at $232 with some up to $235, $4-$5 higher in Nebraska at $240-$241 and $3-$10 higher in the western Corn Belt at mostly $240. Dressed delivered prices were $10-$15 higher in Nebraska at $380 and $9 higher in the western Corn Belt at $380.

Cattle futures followed surging cash prices higher.

Live cattle futures closed an average of $2.69 higher ($1.30 higher at the back to $4.50 higher at the front).

Feeder Cattle futures closed an average of $3.91 higher ($2.50 higher at the back to $5.27 higher at the front).

Cattle futures were trading higher again Friday, after earlier mixed trade.

Choice boxed beef cutout value was $1.69 higher Thursday afternoon at $366.85/cwt. Select was 11¢ lower at $356.61.

Turning to the grain complex, Grain and Soybean futures were higher Thursday.

Corn futures closed mostly 2¢ to 4¢ higher. Kansas City Wheat futures closed mostly 2¢ to 3¢ higher.  Soybean futures closed mostly 7¢ to 11¢ higher.

Cattle futures closed higher Wednesday with the hint of steady to higher cash fed cattle prices.

Toward the close, Live cattle futures were an average of $2.28 higher. Feeder Cattle futures were an average of $2.68 higher.

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

Although too few transactions to trend, there were some early FOB live trades at $224-$225/cwt. in the Texas Panhandle and $225 in Kansas.

Last week, FOB live prices were mostly $223 in the Texas Panhandle, $222 in Kansas, $235-$237 in Nebraska and $230-$237 in the western Corn Belt. Dressed delivered prices were $365-$370 in Nebraska and $371 in the western Corn Belt.

Choice boxed beef cutout value was 28¢ lower Wednesday afternoon at $365.16/cwt. Select was 20¢ higher at $356.72.

Turning to the grain complex, futures were higher Wednesday with likely short covering and perhaps some weather premium.

Toward the close and through Mar ‘26 contracts, Corn futures were mostly 4¢ higher. Kansas City Wheat futures were 4¢ higher. Soybean futures were 3¢ to 4¢ higher.

Live Cattle futures started strong but were an average of $1.14 lower toward the close Tuesday, as traders awaited the week’s cash direction. Feeder Cattle futures were an average of 21¢ lower.

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

Last week, FOB live prices were mostly $223/cwt. in the Texas Panhandle, $222 in Kansas, $235-$237 in Nebraska and $230-$237 in the western Corn Belt. Dressed delivered prices were $365-$370 in Nebraska and $371 in the western Corn Belt.

Choice boxed beef cutout value was 56¢ lower Tuesday afternoon at $365.44/cwt. Select was $1.59 lower at $356.52.

Turning to the grain complex, Corn and Soybean futures were higher Tuesday with likely short covering and perhaps some weather premium.

Toward the close and through Mar ‘26 contracts, Corn futures were unchanged to 2¢ higher. Soybean futures were 3¢ to 7¢ higher. Kansas City Wheat futures were 2¢ to 3¢ lower.

Cattle futures were higher Monday, supported by last week’s strong gains in cash fed cattle prices.

Toward the close, Live cattle futures were an average of $1.40 higher. Feeder Cattle futures were an average of $3.04 higher.

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

Last week, FOB live prices were mostly $1-$3 higher in the Texas Panhandle at 221 to mostly $223/cwt., $1-$3 higher in Kansas at mainly $222, $5-$6 higher in Nebraska at $235-$237 and $1 to $6 higher in the western Corn Belt at $230-$237. Dressed delivered prices were $3-$5 higher in Nebraska at $365-$370 and $6-$11 higher in the western Corn Belt at $371.

The weighted average five-area direct FOB live fed steer price last week was $2.97 higher at $229.94. The weighted average dressed delivered fed steer price was $6.32 higher at $368.06.

Choice boxed beef cutout value was 34¢ lower Monday afternoon at $366.00/cwt. Select was $1.46 higher at $358.11.

Turning to the grain complex, Corn and Soybean futures were lower again Monday, pressured by increasing trade tension between China and the U.S., favorable weather and crop progress.

Toward the close and through Mar ‘26 contracts, Corn futures were 2¢ to 4¢ lower. Soybean futures were 7¢ to 9¢ lower. Kansas City Wheat futures were 4¢ to 5¢ higher.

Cattle futures closed lower Friday with week-end and month-end position squaring and profit taking.

Live cattle futures closed an average of 43¢ lower. Feeder Cattle futures closed an average of 93¢ lower.

Week to week on Friday, Live Cattle futures closed an average of 86¢ lower (32¢ to $1.10 lower), recovering much of steep early-week losses tied to unfounded rumors of New World screwworm being detected in the U.S.  Feeder Cattle futures closed an average of $1.23 lower week to week.

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

Last week, FOB live prices were mostly $1-$3 higher in the Texas Panhandle at $221 to mostly $223/cwt., $1-$3 higher in Kansas at mainly $222, $5-$6 higher in Nebraska at $235-$237 and steady to $5 higher in the western Corn Belt at $230-$235. Dressed delivered prices were $3-$5 higher in Nebraska at $365-$370 and $6-$11 higher in the western Corn Belt at $371.

Estimated total cattle slaughter last week of 477,000 head was 93,000 head fewer than the previous week (keeping in mind the holiday-shortened week) and 62,000 head fewer than the same week last year. Year-to-date total estimated cattle slaughter of 12.3 million head was 825,000 head fewer (-6.3%) than the same time last year. Estimated year-to-date beef production of 10.7 billion pounds was 323.5 million pounds less (-2.9%).

Choice boxed beef cutout value was 25¢ higher Friday afternoon at $366.34/cwt. Select was $3.01 higher at $356.65. Week to week on Friday, Choice was $4.79 higher and Select was $5.33 higher.

Turning to the grain complex, Corn and Soybean futures were lower Friday, pressured by favorable weather, renewed trade uncertainty and position squaring to round out the month and week.

Corn futures closed 1¢ to 4¢ lower through Jly ’26 and then fractionally higher to 3¢ higher. Soybean futures closed 9¢ to 12¢ lower through Aug ’26, and then mostly 5¢ lower. Kansas City Wheat futures closed fractionally higher to 1¢ higher.

Cattle futures rebounded from the early-week sell-down on Thursday, supported by stronger negotiated cash fed cattle prices and higher post-holiday wholesale beef values. Lower Corn futures added support.

Toward the close, Live cattle futures were an average of $1.82 higher ($1.50 to $2.17 higher). Feeder Cattle futures were an average of $4.10 higher.

Negotiated cash fed cattle trade was light to moderate on good demand in the Southern Plains through Thursday afternoon, according to the Agricultural Marketing Service. FOB live prices were $222/cwt., which was $2 higher in the Texas Panhandle and $2-$3 higher in Kansas.

Trade was limited on good demand in the North with too few transactions to trend. However, private sources suggested higher prices than last week were in play. Last week, FOB live prices were $230-$231 in Nebraska, where dressed delivered prices were $360-$367. Prices in the western Corn Belt last week were $229-$231 and $360-$365, respectively.

Choice boxed beef cutout value was 67¢ higher Thursday afternoon at $366.09/cwt. Select was $1.90 higher at $353.64.

Grain and Soybean futures were mixed Thursday.

Toward the close and through Mar ‘26 contracts, Corn futures were 2¢ to 4¢ lower with apparent continued fund selling. Kansas City Wheat futures were 6¢ to 7¢ higher on likely short covering. Soybean futures were 1¢ lower to 2¢ higher.

Cattle futures were lower again Wednesday with funds likely taking more risk off the table following the previous session’s jolt.

Toward the close, Live cattle futures were an average of $1.16 lower. Feeder Cattle futures were an average of $2.65 lower.

Negotiated cash fed cattle trade was mostly inactive on light to moderate demand in all major cattle feeding regions through Wednesday afternoon, with too few transactions to trend, according to the Agricultural Marketing Service.

FOB live prices last week were $220/cwt. in the Texas Panhandle, $219-$221 in Kansas, $230-$231 in Nebraska and $229-$231 in the western Corn Belt. Dressed delivered prices were $360-$367 in Nebraska and $360-$365 in the western Corn Belt.

Choice boxed beef cutout value was $3.57 higher Wednesday afternoon at $365.42/cwt. Select was 91¢ higher at $351.74.

Grain and Soybean futures ground sideways to lower Wednesday.

Toward the close and through Mar ‘26 contracts, Corn futures were 3¢ to 8¢ lower. Kansas City Wheat futures were unchanged to 1¢ higher. Soybean futures were 12¢ to 14¢ lower.

Cattle futures were lower Monday but off session lows by the end of the day, despite last week’s higher cash fed cattle prices and neutral Cattle on Feed report. There were some unfounded rumors of unfounded rumors that could have spooked funds and set loose the algos early in the session, but there’s no telling.

Toward the close, Live cattle futures were an average of $1.25 lower (60¢ lower at the front to $2.27 lower at the back).

Feeder Cattle futures were an average of $1.52 lower (32¢ lower at the back to $2.07 lower at the front).

Negotiated cash fed cattle trade was mostly inactive on moderate demand in all major cattle feeding regions through Tuesday afternoon, with too few transactions to trend, according to the Agricultural Marketing Service.

When the counting was finally done last week, FOB live prices were steady in the Texas Panhandle at $220/cwt., unevenly steady in Kansas at $219-$221, mostly $1-$2 higher in Nebraska at $230-$231 and mainly $1-$2 higher in the western Corn Belt at mostly $230. Dressed delivered prices were $2-$9 higher in Nebraska at $330-$367 and $2-$7 higher in the western Corn Belt at $360-$365 in a light test.

The weekly weighted average five-area direct FOB live fed steer price was 52¢ higher at $226.97/cwt. The weekly weighted average dressed delivered steer price was $4.07 higher at $361.74.

Choice boxed beef cutout value was 30¢ higher Monday afternoon at $361.85/cwt. Select was 49¢ lower at $350.84.

Corn and Wheat futures were lower Tuesday on the improved domestic weather outlook.

Toward the close and through Mar ‘26 contracts, Corn futures were 1¢ to 5¢ lower. Kansas City Wheat futures were 14¢ lower. Soybean futures were unchanged to 1¢ higher.