Cattle futures gained Wednesday and continued to retrench, supported by higher outside markets.

Toward the close, Live Cattle futures were an average of $2.08 higher. Feeder Cattle futures were an average of $3.39 higher.

Negotiated cash fed cattle trade ranged from inactive on light demand in in the Southern Plains to a standstill elsewhere through Wednesday afternoon, according to the Agricultural Marketing Service.

Last week, FOB live prices were $197 in the Southern Plains and $198 in the North. Dressed delivered prices were $313.

Choice boxed beef cutout value was $1.33 lower Wednesday afternoon at $313.54/cwt. Select was $1.49 lower at $302.53.

Grain and Soybean futures were higher Wednesday, taking a breather from recent tariff pressure.

Toward the close and through Sep ’25 contracts, Corn futures were mostly fractionally higher to 5¢ higher. Kansas City Wheat futures were 7¢ to 9¢ higher. Soybean futures were 7¢ to 14¢ higher.