Cattle futures struggled to firm Wednesday in the wake of a multi-day technical correction.

Toward the close, Live Cattle futures were an average of 56¢ lower. Feeder Cattle futures were an average of 47¢ lower to an average of 16¢ higher.

Negotiated cash fed cattle trade was light on moderate demand in Nebraska through Wednesday afternoon, according to the Agricultural Marketing Service. Dressed delivered prices were $2 lower at $386/cwt. FOB live price there last week was mostly $248.

Elsewhere, trade was limited on moderate demand. Although too few transactions to trend, there were some early FOB live trades at $246 in the Southern Plains and the western Corn Belt, where prices last week were $248. Dressed delivered price in the western Corn Belt last week was $388.

Choice boxed beef cutout value was $1.99 lower Wednesday afternoon at $384.19/cwt. Select was $3.87 lower at $383.33.

Grain and Soybean futures were mixed Wednesday.

Toward the close, and through near Dec contracts, Kansas City HRW Wheat futures were 5¢ to 6¢ lower. Corn futures were unchanged to 1¢ higher. Soybean futures were 10¢ to 11¢ lower through near Nov.