Cattle futures gained Thursday, with steady to stronger cash fed cattle prices and higher wholesale beef values.

Toward the close, Live Cattle futures were an average of 66¢ higher. Feeder Cattle futures were an average of $1.16 higher.

Negotiated cash fed cattle trade ranged from slow on light demand to moderate on moderate demand through Thursday afternoon, according to the Agricultural Marketing Service.

So far this week, FOB live prices are steady to $1 higher in Kansas at $186-$187/cwt. and steady in the North at $187. Dressed delivered prices are steady at $296.

Last week, FOB live prices were $186 in the Texas Panhandle.

Choice boxed beef cutout value was $1.77 higher Thursday afternoon at $309.95/cwt. Select was $2.10 higher at $290.73.

Corn and soybean futures were lower Thursday with harvest pressure and more positive weather in South America. There was also likely positioning ahead of the monthly World Agricultural Supply and Demand Estimates due out on Friday.

Toward the close and through Sep ’25 contracts, Corn futures were 2¢ lower. Kansas City Wheat futures were 1¢ to 2¢ higher. Soybean futures were 3¢ to 6¢ lower.