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Negotiated cash fed cattle trade was moderate on moderate demand in Kansas through Thursday afternoon, according to the Agricultural Marketing Service. FOB live prices were $1 lower at $185/cwt.
Elsewhere, trade ranged from slow on light demand to a standstill.
Last week, FOB live prices were $186 in the Texas Panhandle, $190 in Nebraska and $188-$192 in the western Corn Belt. Dressed delivered prices were $301 in Nebraska and $300-$301 in the western Corn Belt.
Choice boxed beef cutout value was $1.42 higher Thursday afternoon at $316.21/cwt. Select was 7¢ lower at $300.83/cwt.
Cattle futures were lower again Thursday heading into the close, pressured by the weaker outlook for cash prices this week and surge in Corn futures. Live Cattle futures were 90¢ lower. Feeder Cattle were an average of $2.00 lower, except for 17¢ higher in spot Jun.
Corn and Soybean futures bounced higher Thursday on likely short covering.
Heading into the close, through Jly ‘25, Corn futures were 9¢ to 14¢ higher. Soybean futures were mostly 13¢ to 22¢ higher. Kansas City Wheat futures were mostly fractionally higher.
By Wes Ishmael: cattle business analyst and journalist4.8
3939 ratings
Negotiated cash fed cattle trade was moderate on moderate demand in Kansas through Thursday afternoon, according to the Agricultural Marketing Service. FOB live prices were $1 lower at $185/cwt.
Elsewhere, trade ranged from slow on light demand to a standstill.
Last week, FOB live prices were $186 in the Texas Panhandle, $190 in Nebraska and $188-$192 in the western Corn Belt. Dressed delivered prices were $301 in Nebraska and $300-$301 in the western Corn Belt.
Choice boxed beef cutout value was $1.42 higher Thursday afternoon at $316.21/cwt. Select was 7¢ lower at $300.83/cwt.
Cattle futures were lower again Thursday heading into the close, pressured by the weaker outlook for cash prices this week and surge in Corn futures. Live Cattle futures were 90¢ lower. Feeder Cattle were an average of $2.00 lower, except for 17¢ higher in spot Jun.
Corn and Soybean futures bounced higher Thursday on likely short covering.
Heading into the close, through Jly ‘25, Corn futures were 9¢ to 14¢ higher. Soybean futures were mostly 13¢ to 22¢ higher. Kansas City Wheat futures were mostly fractionally higher.

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