There’s a light direct cash cattle trade being reported.  A regional market in Iowa has deals at $163, most of those are for delayed delivery.  There are some bids that have surfaced in Nebraska at $162 dressed (and $100 live), but no deals.  Asking prices are around $101 to $102 live in the South and $165 dressed in the North.  There was a light to moderate trade that took place in the South on Wednesday with deals at $99 to $100, roughly $2 to $3 above last week’s weighted averages. 

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