Cattle Current Podcast—Oct. 1, 2026

Cattle futures gained Wednesday, helped by lower Corn futures.

Toward the close, Live Cattle futures were an average of $1.90 higher. Feeder Cattle futures were an average of $4.58 higher.

Negotiated cash fed cattle trade was limited on light demand in the North through Wednesday afternoon, according to the Agricultural Marketing Service. Although too few transactions to trend, there were some FOB live trades in Nebraska at $219-$219.50/cwt. and some dressed delivered trades in the western Corn Belt at $348-$352.

So far this week, dressed delivered prices in Nebraska are steady to $3 higher at $348-$350. Last week, FOB live prices were mostly $222.

Also last week, FOB live prices were mostly $221 in the western Corn Belt, where dressed delivered prices were $345-$350.

Choice boxed beef cutout value was 13¢ higher Wednesday afternoon at $382.79/cwt. Select was $3.89 lower at $360.59.

Corn futures led the complex lower on Wednesday.

Through late afternoon, and through the front four contracts, Corn futures were 17¢ to 11¢ lower with more stocks than expected in the USDA report (see below). Kansas City HRW Wheat futures were 10¢ to 11¢ lower. Soybean futures were 2¢ to 3¢ lower.