Direct cash cattle trade is quiet.  Bids and asking prices have yet to surface.  It’s likely significant trade volume will be delayed until the last part of the week.  Showlists this week are a little larger for the most part following last week’s less than stellar cash trade. 

Boxed beef is higher at midday on good demand for moderate offerings.  Choice is $1.53 higher at $210.18 and Select is $2.84 higher at $195.46.  The Choice/Select spread is $14.72. 

At the Joplin Regional Stockyards in Missouri, compared to last week steer and heifer calves were $5 to $10 higher and yearlings were $4 to $8 higher.  The USDA says demand was good and supply was light.  There were several weaned and vaccinated calves in the offering.  Receipts were up on the week and down on the year.  Feeder supply included 52 percent steers and 54 percent of the offering was over 600 pounds.  Medium and Large 1 feeder steers 506 to 548 pounds brought $142.50 to $153 and feeder steers 857 to 861 pounds brought $138.75.  Medium and Large 1 feeder heifers 508 to 548 pounds brought $131 to $139 and feeder heifers 610 to 641 pounds brought $129 to $134.50. 

Cash hogs were steady at midday with moderate negotiated numbers. 

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