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

Last, FOB live prices were $1 higher in the Texas Panhandle at $191-$192/cwt, steady in Kansas at $191, $4-$6 higher in Nebraska at $196 and $3-$4 higher in the western Corn Belt at $193-$196. Dressed delivered prices were $3-$8 higher in Nebraska at $300-$305 and $5-$8 higher in the western Corn Belt at $302-$305.

The weighted average five-area direct FOB live fed steer price last week was $3.41 higher at $194.31/cwt. The weighted averaged dressed delivered fed steer price was $6.23 higher at $297.21.

Choice boxed beef cutout value was 98¢ higher Monday afternoon at $317.37/cwt. Select was $5.71 higher at $289.57.

Cattle futures closed lower Monday with likely profit taking.

Toward the close, Feeder Cattle futures were an average of $1.37 lower. Live Cattle futures closed mixed, from an average of 75¢ lower across a broad range with most of the pressure in the front three contracts.    

Grain and Soybean futures were mixed Monday.

Toward the close and through Sep ’25 contracts,

Corn futures were 1¢ to 3¢ higher. Kansas City Wheat futures were fractionally lower to 1¢ higher. Soybean futures were 5¢ to 8¢ lower