There was no afternoon USDA fed cattle report available at press time.
Last week, FOB Live prices were $2 higher in the Southern Plains at $185/cwt., $2 higher in Nebraska at $186-$187 and steady to $3 higher in the western Corn Belt at $185-$187. Dressed delivered prices were mostly $2-$4 higher in Nebraska at mainly $294 and $4 higher in the western Corn Belt at $294 in a light test.
Choice boxed beef cutout value was $2.09 higher Tuesday afternoon at $300.17/cwt. Select was 77¢ higher at $285.30.
Toward the close, Live Cattle futures were an average of 31¢ higher, except for unchanged in two contracts.
Feeder Cattle futures were an average of 64¢ lower, except for unchanged at either end of the board, pressured by another day of higher Corn futures.
Toward the close and through Sep ’25 contracts, Corn futures were 3¢ to 5¢ higher. Kansas City Wheat futures were 12¢ to 15¢ higher. Soybean futures were mostly fractionally mixed.
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