Direct cash cattle trade activity continues to improve on this Wednesday.  There are bids on the table at $108 live in the South and in the North at $167 dressed and $107 live.  Asking prices are around $111 to $112 live in the South and $172 dressed in the North.  Packer inquiry is expected to improve as the day progresses.  Today’s Fed Cattle Exchange had an offering of 774 head, 671 head sold.  Of those, 304 are marked for 1 to 9-day delivery for a weighted average price of $108, and 367 head are marked for 1 to 17-day delivery for a weighted average price of $108.25. 

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