Cattle futures continued higher Tuesday, helped along by this week’s firmer Choice wholesale beef values.

Toward the close, Live Cattle futures were an average of $1.50 higher. Feeder Cattle futures were an average of $2.43 higher.

Negotiated cash fed cattle trade was mostly inactive on very light demand through Tuesday afternoon, according to the Agricultural Marketing Service.

Last week, FOB live prices were $185/cwt., in all regions. Dressed delivered prices were $290 in Nebraska and $290-$300 in the western Corn Belt.

Choice boxed beef cutout value was $1.51 higher Tuesday afternoon at $308.79/cwt. Select was $3.54 lower at $271.91.

Grain and Soybean futures closed higher Friday as traders appeared to apply more risk premium based on Russia’s war with Ukraine.

Toward the close and through Sep ’25 contracts, Corn futures were 1¢ to 2¢ lower. Kansas City Wheat futures were 2¢ higher. Soybean futures were 7¢ to 11¢ lower.