Wholesale beef values bounced higher Tuesday on good demand and light to moderate offerings, according to the Agricultural Marketing Service.
Choice boxed beef cutout value was $2.21 higher in the afternoon at $212.76/cwt. Select was $2.07 higher at $210.30.
That and stronger Lean Hog futures helped Live Cattle futures close an average of 22¢ higher.
Other than unchanged and 10¢ higher in the back two contracts, Feeder Cattle futures closed an average of 12¢ lower.
Corn futures closed fractionally lower to 1¢ lower.
Soybean futures closed fractionally lower to 1¢ lower.