Cattle futures rose Thursday, led by cash.

Toward the close, Feeder Cattle futures were an average of $2.41 higher. Live Cattle futures were an average of $1.35 higher, except for $1.22 lower in newly minted away Jun. 

Negotiated cash fed cattle trade was light to moderate on good demand in Kansas through Thursday afternoon, according to the Agricultural Marketing Service. FOB live prices were $3-$4 higher at $196/cwt.

Elsewhere, trade was limited on good demand with too few transactions to trend.

FOB live prices last week were $192-$193/cwt. in the Texas Panhandle, $196-$197 in Nebraska and $195-$197 in the western Corn Belt. Dressed delivered prices were $307.

Choice boxed beef cutout value was 24¢ lower Thursday afternoon at $323.48/cwt. Select was 29¢ lower at $294.23.

Grain and Soybean futures were mixed on Thursday.

Toward the close and through Sep ’25 contracts, Soybean futures were 1¢ to 3¢ higher. Corn futures were 1¢ to 3¢ higher. Kansas City Wheat futures were 6¢ to 8¢ lower.