It’s a pretty quiet start to the day for direct cash cattle trade activity.  A few bids have surfaced in western Iowa at $167 dressed.  Asking prices are at $109 live, but nothing yet out of the North.  Significant trade volume will likely be delayed until the latter part of the week.  Today’s Fed Cattle Exchange had an offering of 901 head with 358 head sold.  All were marked for 1 to 17-day delivery with a weighted average price of $106. 

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