Direct cash cattle trade activity is off to a slow start for this Monday. Bids and asking prices have yet to surface. If trade follows the recent trend, it’s quite possible for light to moderate business to take place every day this week. Last week the trade saw Northern dressed deals range from $148 to $155, mostly $153 to $155. Southern live business ranged from $91 yo $97, mostly $93 to $95.
Boxed beef is weak to lower at midday on light demand for moderate offerings. Choice is $.38 lower at $205.06 and Select is $2.27 lower at $196.49. The Choice/Select spread is $8.57.