Negotiated cash fed cattle trade was light on light demand in the Texas Panhandle through Wednesday afternoon with FOB live prices $1 higher at $201/cwt. in a light test, according to the Agricultural Marketing Service.

FOB live prices were steady to $1 higher in Kansas at $201 on moderate trade and demand.

Elsewhere, trade was mostly inactive on very light demand.

Last week, FOB live prices were $203 in Nebraska and $200-$205 in the western Corn Belt. Dressed delivered prices were $320.

Choice boxed beef cutout value was $1.16 higher Wednesday afternoon at $334.14/cwt. Select was 67¢ lower at $318.04.

Cattle futures gained Wednesday with help from more optimistic outside markets and the prospects of at least steady cash fed cattle trade.

Toward the close, Feeder Cattle futures were an average of $1.13 higher. Live Cattle futures were an average of $1.24 higher.

Corn and Soybean futures were mixed Wednesday.

Toward the close and through Sep ’25 contracts, Corn futures were mostly 1¢ to 4¢ higher. Kansas City Wheat futures were 2¢ to 3¢ lower. Soybean futures were 4¢ to 8¢ lower.