Cattle futures eased mainly lower Tuesday, apparently waiting to see the week’s cash fed cattle direction, despite higher outside markets and a surge in Choice wholesale beef value.

Toward the close, Live cattle futures were an average of 53¢ lower except for 30¢ higher in near Aug. Feeder Cattle futures were an average of 40¢ lower, except for 42¢ higher in Apr.

Negotiated cash fed cattle trade ranged from limited on light demand in Nebraska to inactive on light demand elsewhere through Tuesday afternoon, according to the Agricultural Marketing Service.

Last week, based on the latest established trade, FOB live prices were $7 lower in the Southern Plains at $228/cwt., $5 lower in Nebraska at $235-$237 and $3-$5 lower in the western Corn Belt at $235-$238. Dressed delivered prices were $4 lower at $376.

Choice boxed beef cutout value was $4.03 higher Tuesday afternoon at $394.25. Select was 69¢ lower at $382.41.

Grain and Soybean futures continued lower Tuesday with weather and another sharp decrease in Crude Oil futures.

Toward the close and through Mar ‘26 contracts, Corn futures were 4¢ to 5¢ lower. Kansas City Wheat futures were 14¢ to 15¢ lower. Soybean futures were mostly 9¢ to 12¢ lower.