Cattle futures were mixed Tuesday.

Toward the close, Live Cattle futures were an average of 71¢ lower (7¢ to $1.20 lower), except for 37¢ higher in away Jun with likely profit taking ahead of this week’s cash trade.

Feeder Cattle futures were an average of $1.01 higher, fueled by strong cash demand in the country.

Negotiated cash fed cattle trade was at a standstill in all major cattle feeding regions through Tuesday afternoon, according to the Agricultural Marketing Service.

Last week, FOB live prices were $197/cwt. in the Southern Plains and $200-$202 in the North. Dressed delivered prices were $315-$317 in Nebraska and $315-$320 in the western Corn Belt.

Choice boxed beef cutout value was $3.62 higher Tuesday afternoon at $321.20/cwt. Select was 9¢ lower at $306.86.

Grain and Soybean futures were mixed Tuesday amid continued tariff confusion and little impetus in the monthly World Agricultural Supply and Demand Estimates. More about that report momentarily.

Toward the close and through Sep ’25 contracts, Corn futures were 2¢ lower to 1¢ higher. Kansas City Wheat futures mostly 5¢ to 7¢ lower. Soybean futures were 3¢ lower to 2¢ higher.