Cattle Current Podcast—Sept. 23, 2026

Cattle futures pulled back Tuesday, with some likely profit taking from the previous session’s strong gains. 

Toward the close, Live Cattle futures were an average of $1.90 lower.

Feeder Cattle futures were an average of $2.94 lower, except unchanged in the front contract.

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

Last week, FOB live prices were mostly $222-$223/cwt. in Nebraska and mainly $222 in the western Corn Belt. Dressed delivered prices were mostly $350.

Choice boxed beef cutout value was $2.54 higher Tuesday afternoon at $378.89/cwt. Select was $2.08 higher at $357.85.

Grain and Soybean futures were lower Tuesday, with likely profit taking and less war risk premium for the day.

Through late afternoon, and through the front four contracts,

Soybean futures were 3¢ lower.

Corn futures were 5¢ to 6¢ lower.

Kansas City HRW Wheat futures were 11¢ to 15¢ lower.