Lower outside markets helped keep Cattle futures in check Tuesday.
Toward the close, Live Cattle futures were unchanged to an average of 21¢ higher, except for 7¢ lower in spot Jun. Feeder Cattle futures were unchanged to an average of 22¢ higher, except for 52¢ lower in spot May.
Negotiated cash fed cattle trade was moderate on good demand in the Texas Panhandle through Tuesday afternoon, according to the Agricultural Marketing Service. FOB live trades were mainly steady at $218/cwt., but a few up to $219.
Trade in Kansas was light on good demand. FOB trades so far this week are steady to $2 higher at $218-$220.
Elsewhere, trade was mostly inactive on light demand.
Last week, FOB live prices were $222-$223 in Nebraska and $220-$224 in the western Corn Belt. Dressed delivered prices were $350.00/cwt., except for a few up to $352 in Nebraska.
Choice boxed beef cutout value was $1.10 higher Tuesday afternoon at $344.67/cwt. Select was $4.90 higher at $332.97.
Grain and Soybean futures were mixed Tuesday.
Toward the close and through Mar ‘26 contracts, Corn futures were 1¢ higher to 2¢ lower. Kansas City Wheat futures were 2¢ to 4¢ higher. Soybean futures were 3¢ to 5¢ lower.
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