Cattle Current Podcast—Oct. 6, 2026

Cattle futures continued lower on Monday with last week's wobbly cash fed cattle prices and lower wholesale beef values.

Toward the close, live cattle futures were an average of a dollar and thirty-four cents lower, and feeder cattle futures were an average of a dollar and ninety-six cents lower.

Negotiated cash fed cattle trade was inactive on light demand in the North through Monday afternoon, according to the Agricultural Marketing Service.

FOB live prices last week were mainly steady to two dollars lower in Nebraska at two hundred and twenty to two hundred and twenty-two dollars a hundredweight, and they were mostly unevenly steady to two dollars lower in the Western Corn Belt at mainly two nineteen to two twenty-two.

Dressed delivered prices were steady to five dollars lower in Nebraska at mostly three forty-five and steady in the Western Corn Belt at three forty-five to three fifty.

The Texas Cattle Feeders Association reported its members trading fed cattle steady at two twenty-six.

The weekly weighted average five-area direct FOB live fed steer price was eighty-seven cents lower at two nineteen eighty.

The weekly weighted average dressed delivered fed steer price was a dollar and sixty-seven cents lower at three forty-six twenty-six.

Choice box beef cutout value was four dollars and seven cents higher Monday afternoon at three hundred and seventy-eight dollars and twenty-six cents a hundredweight.

Select was four dollars and eight cents higher at three fifty-eight fifty-seven.

Grain and soybean futures were mixed on Monday.

Through late afternoon and through the front four contracts, soybean futures were mostly two to three cents higher.

Kansas City wheat futures were six to seven cents higher with likely increased war premium, and corn futures were mostly fractionally mixed.