It’s a typical Monday for direct cash cattle trade activity with both buyers and sellers taking inventory.  Bids and asking prices have yet to be established.  Last week there was a light to moderate trade that took place every day.  Southern live deals had a full rang of $103 to $106.50, mostly at $106, which was $2 lower than the prior week’s weighted averages.  Northern dressed business ranged from $162 to $166, which was roughly $2.50 to $6.50 lower than the previous week’s weighted average basis in Nebraska.   

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