There’s a light direct cash cattle trade that’s developed in parts of the South. Deals in Texas are at $110 to $112 live, $1 lower to $1 higher than last week’s weighted averages. Bids across the rest of cattle country are at $110 live and $172 to $174 dressed with asking prices at $112 to $113 live in the South and $175 dressed in the North. Today’s Fed Cattle Exchange had an offering of 1,025 head with 488 sold.
