Negotiated cash fed cattle trade was at a standstill in all major cattle feeding regions through Monday afternoon, according to the Agricultural Marketing Service.
Last week, FOB live prices were $1 higher in the Texas Panhandle at $201/cwt., steady to $1 higher in Kansas at $201, unevenly steady in Nebraska at $203-$205 and $1-$3 higher in the western Corn Belt at $203-$206. Dressed delivered prices were $2 higher in Nebraska at $322 and steady to $2 higher in the western Corn Belt at $320-$322.
Choice boxed beef cutout value was 53¢ lower Monday afternoon at $333.16/cwt. Select was 39¢ lower at $319.44.
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