Although too few to trend, there were some early live sales in the Southern Plains on Tuesday at $96/cwt., which was $1 higher than last week.
Cattle futures closed mixed on Tuesday, amid sluggish activity, as traders apparently waited for more cash direction.
Except for 2¢ higher in Apr, Live Cattle futures closed an average of 34¢ lower.
Except for 27¢ lower and 2¢ lower in the front two contracts, Feeder Cattle futures closed an average of 57¢ higher (15¢ to $1.30 higher at the back).
Choice boxed beef cutout value was 86¢ lower Tuesday afternoon at $200.88/cwt. Select was 29¢ lower at $191.30.
Corn futures closed 3¢ to 5¢ lower.
Soybean futures closed 5¢ to 7¢ lower through Mar ’21 and then fractionally lower to 3¢ lower.