Negotiated cash fed cattle trade developed in Kansas Thursday, with live prices mostly $1 higher than last week at $119/cwt.; light to moderate trade and moderate demand.
Cattle futures closed marginally mixed.
Live Cattle futures closed an average of 24¢ higher.
Feeder Cattle futures closed an average of 26¢ lower.
Wholesale beef values were lower on light demand and moderate offerings, according to the Agricultural Marketing Service.
Choice boxed beef cutout value was $1.35 lower Thursday afternoon at $225.60/cwt. Select was $2.19 lower at $208.12.
Corn futures closed mostly fractionally lower to 2¢ lower.
Soybean futures closed 3¢ to 6¢ higher.