Strong fundamentals and increasing open interest helped lift Cattle futures Tuesday.

Toward the close, Feeder Cattle futures were an average of $1.95 higher. Live Cattle futures were an average of 74¢ higher.

Negotiated cash fed cattle trade ranged from mostly inactive on very light demand to a standstill through Tuesday afternoon, according to the Agricultural Marketing Service.

Last week, FOB live prices were $196-$197/cwt. in the Southern Plains and $200 in Nebraska and the western Corn. Dressed delivered prices were $315.

Choice boxed beef cutout value was $1.31 lower Tuesday afternoon at $325.79/cwt. Select was $2.10 higher at $305.43.

Grain and Soybean futures closed mixed Tuesday with traders keeping in mind the monthly World Agricultural Supply and Demand Estimates and Grain Stocks report due out this Friday.

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