Negotiated cash fed cattle trade was light on moderate demand in Nebraska and limited on light demand in Kansas through Thursday afternoon, according to the Agricultural Marketing Service.

Although too few to trend, there were some early FOB live trades in Nebraska at $230/cwt. and a few in Kansas at $223-$225.

Last week, FOB live prices were $228 in the Southern Plains, $235-$237 in Nebraska and $235-$238 in the western Corn Belt. Dressed delivered prices were $376.

Choice boxed beef cutout value was 11¢ higher Thursday afternoon at $395.05. Select was $3.45 higher at $379.74.

Cattle futures continued to mainly hover Thursday.

Toward the close, Live cattle futures were an average of 13¢ lower except for 32¢ higher in near Aug. Feeder Cattle futures were an average of 55¢ higher.

Grain and Soybean futures continued to dredge lower Thursday with follow-through bearishness and likely trepidation over next Monday’s Acreage and Grain Stocks reports.

Toward the close and through Mar ‘26 contracts, Corn futures were 1¢ lower. Kansas City Wheat futures were 5¢ lower. Soybean futures were 1¢ to 3¢ lower.