Cattle futures were higher Monday, supported by last week’s strong gains in cash fed cattle prices.

Toward the close, Live cattle futures were an average of $1.40 higher. Feeder Cattle futures were an average of $3.04 higher.

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 mostly $1-$3 higher in the Texas Panhandle at 221 to mostly $223/cwt., $1-$3 higher in Kansas at mainly $222, $5-$6 higher in Nebraska at $235-$237 and $1 to $6 higher in the western Corn Belt at $230-$237. Dressed delivered prices were $3-$5 higher in Nebraska at $365-$370 and $6-$11 higher in the western Corn Belt at $371.

The weighted average five-area direct FOB live fed steer price last week was $2.97 higher at $229.94. The weighted average dressed delivered fed steer price was $6.32 higher at $368.06.

Choice boxed beef cutout value was 34¢ lower Monday afternoon at $366.00/cwt. Select was $1.46 higher at $358.11.

Turning to the grain complex, Corn and Soybean futures were lower again Monday, pressured by increasing trade tension between China and the U.S., favorable weather and crop progress.

Toward the close and through Mar ‘26 contracts, Corn futures were 2¢ to 4¢ lower. Soybean futures were 7¢ to 9¢ lower. Kansas City Wheat futures were 4¢ to 5¢ higher.