Direct cash cattle trade is lower and cash hogs are steady.
Light to moderate cattle trade has developed at midday. A few bids have been reported in Kansas and Nebraska. Some Southern asking prices have been noted around $104 to $105. Dressed deals in Nebraska and Iowa came in at $158 to $161, $2 to $3 lower than last week’s weighted average. Live business in Kansas and Texas was at $101, about $2 lower than last week’s weighted average.
