Cattle Current Podcast—Oct. 20, 2026

Cattle futures continued mostly higher on Monday, led by Feeder Cattle and supported by last week’s stronger negotiated cash fed cattle prices.

Toward the close, Live Cattle futures were an average of 22¢ higher, except for an average of 15¢ lower in the front three contracts.

Feeder Cattle futures were an average of $1.43 higher.

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

Last week, FOB live prices were $3-$5 higher in Nebraska at 225-$227/cwt. and mostly $4 higher in the western Cron Belt at mainly $224. Dressed delivered prices were mainly $5-$10 higher in Nebraska at $350-$355 at mostly $5 higher the western Corn Belt mainly $350.

The Texas Cattle Feeder Association reported its members trading fed steers $2.50 higher at $228.50 and fed heifers steady at $226.

Last week’s five-area direct weighted average FOB live fed steer price was $4.05 higher at $220.14/cwt. The five-area direct weighted average dressed delivered fed steer price was $6.86 higher at $352.52.

Choice boxed beef cutout value was 73¢ lower Monday afternoon at $371.58/cwt. Select was $6.86 higher at $359.91.

Grain and Soybean futures were lower Monday with continued bearishness and technical pressure.

Through late afternoon, and through the front four contracts, Corn futures were 4¢ to 7¢ lower. Kansas City HRW Wheat futures were 4¢ lower. Soybean futures were 5¢ to 8¢ lower.