Cattle futures continued to churn higher Monday.

Toward the close, Live Cattle futures were an average of $1.12 higher. Feeder Cattle futures were an average of $2.18 higher, except for 12¢ lower in spot Oct.

Negotiated cash fed cattle trade was inactive on light to moderate demand in all regions through Monday afternoon, according to the Agricultural Marketing Service.

Last week, FOB live prices were $2-$3 higher in Kansas at $235/cwt., $4-$5 higher in Nebraska at $234-$235 and mostly $5 higher in the western Corn Belt at mainly $235. Dressed. Delivered prices were $2 higher at $362.

FOB live prices in the Texas Panhandle the previous week were $233.

The weighted average five-area direct FOB live fed steer price last week was $3.31 higher at $234.07/cwt. The weighted average dressed delivered fed steer price was $2.88 higher at $362.52.

Choice boxed beef cutout value was $1.66 lower Monday afternoon at $363.91/cwt. Select was $3.36 higher at $349.75.

Grain and Soybean futures were mixed Monday.

Toward the close and through Jly contracts, Corn futures were 1¢ to 2¢ lower. KC HRW Wheat were 1¢ to 2¢ lower. Soybean futures were mostly 1¢ to 3¢ higher on easing trade tensions withChina, at least for the day.