A typically quiet Monday for direct cash cattle trade activity.  Buyers and sellers are busy taking inventory.  Bids and asking prices have yet to be established and significant trade volume will likely be delayed until later in the week.  Last week, a moderate to active trade took place on Thursday and Friday.  Southern live deals were mostly at $109, $2 higher than the prior week’s deals.  Northern dressed business was mostly at $170, $2 higher than the prior week’s weighted average basis. 

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