There were too few transactions to trend, but early negotiated cash fed cattle prices were sharply lower at $123/cwt. in Kansas on a live basis at $200 dressed in Nebraska.
Cattle futures continued to slide as traders closed out the books for the month and open interest continued to erode.
Live Cattle futures closed an average of 82¢ lower.
Feeder Cattle futures closed an average of $1.77 lower.
Wholesale beef values were lower on Choice and firm on Select with light to moderate demand and offerings, according to the Agricultural Marketing Service.
Choice boxed beef cutout value was $1.30 lower Tuesday afternoon at $231.84/cwt. Select was 49¢ higher at $218.21.
Corn futures closed mainly fractionally mixed.
Soybean futures continued to slide, closing 4¢-6¢ lower.