Negotiated cash fed cattle prices climbed higher in the North Thursday where trade was slow with moderate to good demand through the afternoon, according to the Agricultural Marketing Service.

Compared to last week, FOB live prices were $4-$5 higher in Nebraska and the western Corn Belt at $195-$196/cwt. For the week, dressed delivered prices are $8 higher in Nebraska at $305 on a light test and $5 higher in the western Corn Belt at $302.

Trade in the Southern Plains through Thursday afternoon was mostly inactive on light demand. FOB live prices in Kansas earlier in the week were steady at $191. FOB live prices in the Texas Panhandle the previous week were $190-$191.

Choice boxed beef cutout value was $4.01 higher Thursday afternoon at $315.24/cwt. Select was $2.37 higher at $280.48.

Cattle futures softened Thursday, with some likely profit taking and despite higher cash fed cattle prices and stronger wholesale beef values.

Toward the close, Feeder Cattle futures were an average of $1.06 lower. Live Cattle futures were an average of 81¢ lower, except for unchanged in the spot contract.  

Grain and Soybean futures softened Thursday.

Toward the close and through Sep ’25 contracts, Corn futures were 2¢ to 5¢ lower with likely profit taking and farmer selling. Kansas City Wheat futures were 4¢ lower. Soybean futures were mostly fractionally mixed.