Cattle Current Podcast—Oct. 16, 2026

Cattle futures gained on Thursday, helped by the early promise shown in cash fed cattle trade.

Toward the close, Live Cattle futures were an average of $1.77 higher. Feeder Cattle futures were an average of $3.78 higher.

Negotiated cash fed cattle trade was limited on light demand in Nebraska through Thursday afternoon, according to the Agricultural Marketing Service. Although too few transactions to trend, there were some early dressed trades at $345-$355.

Trade was limited on moderate demand in the western Corn Belt. Although too few transactions to trend, there were some early dressed sales at $355.

Last week, FOB live prices were mostly $222/cwt. in Nebraska at mostly $220 in the western Corn Belt. Dressed delivered prices were mostly $345.

Choice boxed beef cutout value was $2.52 lower Thursday afternoon at $373.98/cwt. Select was $5.85 lower at $352.62.

Corn and Soybean futures were lower again Thursday with continued harvest pressure.

Through late afternoon, and through the front four contracts, Corn futures were 2¢ to 4¢ lower. Kansas City HRW Wheat futures were 2¢ lower. Soybean futures were 11¢ to 13¢ lower, also pressured by higher yield estimates in Brazil.