Cattle futures were softer again Friday with pressure from declining wholesale beef values and lower outside markets.

Live cattle futures closed an average of $1.26 lower.

Feeder Cattle futures closed an average of $2.34 lower, except for unchanged in spot Sep.

Week to week on Friday, Live Cattle futures closed an average of $3.60 lower and Feeder Cattle futures closed an average of $5.80 lower.

Negotiated cash fed cattle trade ranged from mostly inactive on moderate demand in the Southern Plains to limited on moderate demand elsewhere through Friday afternoon, according to the Agricultural Marketing Service.

For the week, FOB live prices were steady in the Texas Panhandle at $242/cwt., steady to $1 higher in Kansas at $242-$243 and $2-$3 lower in the North at $242-$243. Dressed delivered prices were mostly $2 lower at mainly $383.

Choice boxed beef cutout value was $3.45 lower Friday afternoon at $410.76. Select was $2.58 lower at $385.19. Week to week on Friday, Choice was $4.65 lower and Select was $4.81 lower.

 Total cattle slaughter during the holiday-shortened week of 487,000 head was 78,000 head fewer than the previous week and 61,000 head fewer than the same week last year. Total year-to-date cattle slaughter of 19.9 million head was 1.5 million head fewer (-7.0%) than the same time last year. Total year-to-date beef production of 17.4 billion pounds was 747.7 million pounds less (-4.1%).

Grain and Soybean futures were lower Friday with 

Corn futures unchanged to 1¢ lower. Kansas City Wheat futures were mostly 1¢ lower. Soybean futures closed 3¢ to 6¢ lower through Sep ’26 and then 1¢ to 2¢ lower.