Cattle futures closed higher Monday, buoyed by firmer cash fed cattle prices as last week progressed and by sharply lower Corn futures.

Toward the close, Live cattle futures were an average of $1.70 higher (62¢ higher at the back to $2.20 higher). Feeder Cattle futures were an average of $3.46 higher (72¢ higher in the back contract to $4.57 higher toward the front).

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

Last week, FOB live prices were mainly steady in the Texas Panhandle at $224/cwt., steady to $1 lower in Kansas at $224-$225, steady in Nebraska at $230-$232 and unevenly steady in the western Corn Belt at $230-$234. Dressed delivered prices were steady in Nebraska at $368 and steady to $2 lower in the western Corn Belt at $368 in a light test.

The five-area direct weighted average FOB fed steer price last week was just 8¢ lower at $229.43/cwt. The dressed delivered fed steer price was 22¢ lower at $369.30.

Choice boxed beef cutout value was $1.23 higher Monday afternoon at $390.98. Select was 91¢ lower at $377.53.

Estimated total cattle slaughter of 474,000 head was 47,000 head fewer than the same week a year ago. Estimated year-to-date total cattle slaughter of 15.1 million head was 1 million head fewer (-6.5%) than the same time last year. Estimated year-to-date beef production of 13.1 billion pounds was 456.4 million pounds less (-3.4%).

Grain and Soybean futures were lower Monday, pressured by favorable weather and trade uncertainty.

Toward the close and through Mar ‘26 contracts, Corn futures were mainly 11¢ to 16¢ lower. Kansas City Wheat futures were mostly 7¢ to 13¢ lower. Soybean futures were 19¢ to 28¢ lower.