Cattle Current Podcast—Sept. 3, 2025

Cattle futures were mixed Tuesday after a strong start with likely pressure from more bearish outside markets.

Toward the close, Live cattle futures were narrowly mixed, from an average of 10¢ lower in six contracts to an average of 14¢ higher.

Feeder Cattle futures were mixed, from an average of 85¢ lower in four contracts to an average of $1.57 higher.

Negotiated cash fed cattle trade was inactive on light demand in all major cattle feeding regions through Tuesday afternoon, according to the Agricultural Marketing Service.

Last week, FOB live prices were $2 higher in the Southern Plains at $242.00/cwt. and steady in the North at $245. Dressed delivered prices were steady at mainly $385.

The five-area direct weighted average FOB live fed steer price was 65¢ less week to week at $243.60/cwt. The dressed delivered fed steer price was 52¢ lower at $385.65.

Choice boxed beef cutout value was $1.99 lower Tuesday afternoon at $413.42. Select was $3.83 lower at $386.17.

Grain and Soybean futures were mixed Tuesday. 

Toward the close and through away Jly contracts, Corn futures were 2¢ to 5¢ higher on yield pressure. Trade uncertainty helped pressure Kansas City Wheat futures 8¢ to 9¢ lower and Soybean futures 11¢ to 14¢ lower.