Cattle futures were lower Monday with likely technical pressure and uncertainty ahead of the election.

Toward the close, Live Cattle futures were an average of 75¢ lower. Feeder Cattle futures were an average of 94¢ lower.

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

Last week, FOB live prices were $190/cwt. with dressed delivered prices at $296-$298 in Nebraska and $298 in the western Corn Belt.

The five-area direct weighted average FOB live steer price last week was 23¢ lower at $189.82. The weighted average dressed delivered steer price was $1.93 lower at $296.97.

Choice boxed beef cutout value was 34¢ higher Monday afternoon at $316.91/cwt. Select was $2.13 higher at $287.16.

Grain and Soybean futures were stronger Monday bolstered by positive export sales.

Toward the close and through Sep ’25 contracts, Corn futures were fractionally mixed to 1¢ higher. Kansas City Wheat futures were fractionally higher to 4¢ higher. Soybean futures were 2¢ to 4¢ higher.