Cattle Current Podcast—June 8, 2026

Cattle futures extended gains Friday.

Live Cattle futures were an average of 79¢ higher. Feeder Cattle futures were an average of 53¢ higher, except for 25¢ lower in the back contract.

Week to week on Friday, Live Cattle futures closed an average of $2.01 higher, and Feeder Cattle futures closed an average of $6.22 higher.

Negotiated cash fed cattle trade was limited on moderate demand in Kansas and Nebraska through Friday afternoon, according to the Agricultural Marketing Service. Although too few transactions to trend, there were some FOB live trades at $258/cwt.

Elsewhere, trade was mostly inactive on moderate demand.

Based on established trade for the week, FOB live prices were $1 lower in the Texas Panhandle at $256/cwt., steady to $1 higher in Kansas at $257-$258, mainly $1 lower in Nebraska at $256 and steady to $2 lower in the western Corn Belt at $256. Dressed delivered prices were mainly $405, which was mostly steady.

Choice boxed beef cutout value was 4¢ higher Friday afternoon at $392.66/cwt. Select was 35¢ lower at $383.04. Week to week on Friday, Choice boxed beef cutout value was $1.23 higher, but Select was 49¢ lower.

Total cattle slaughter last week of 533,000 head was 85,000 head more than the previous week but 48,000 head fewer than the same week last year. Year-to-date total cattle slaughter of 11.7 million head was 1.2 million head fewer (-9.1%) than the same time last year. Year-to-date beef production of 10.5 billion pounds was 726.6 million pounds less (-6.5%).

Grain and Soybean futures continued lower Friday with pressure from positive weather.

Soybean futures were 4¢ to 8¢ lower through near Jan and then mostly 2¢ lower.

Kansas City HRW Wheat futures were fractionally mixed to 3¢ lower through May ’27 and then 5¢ to 7¢ lower.

Corn futures were 4¢ to 7¢ lower through Jly ‘27. Week to week on Friday, they were an average of 28¢ lower through the front six contracts. That’s an average of 40¢ lower over the past two weeks in those same contracts.