A little cleanup direct cash cattle trade is being reported at midday. Deals in parts of Texas are at $110 live. That’s fully steady with the week’s previous business. There could be a little more trade develop as the day progresses, but it’s likely the bulk of the week’s business has wrapped. Asking prices for cattle left on showlists are around $112 plus in the South and $175 plus dressed in the North.
Boxed beef is mixed at midday with light offerings. Choice is $1.71 lower at $237.48 and Select is $.81 higher at $220.74. The Choice/Select spread is $16.74.
At the Ogallala Livestock Auction in Nebraska, compared to two weeks ago, the bulk of steer and heifer calves sold $8 to $10 higher with yearling type feeders trading steady to $3 higher. The USDA says demand was good with several buyers in the crowd with an active online participation noted. Several of the calves on offer were long-time weaned. Receipts were up on the week and the year. Feeder supply included 70 percent steers and 24 percent of the offering was over 600 pounds. Medium and Large 1 feeder steers 368 to 391 pounds brought $209 to $229.50 and feeder steers 605 to 649 pounds brought $146 to $166. Medium and Large 1 feeder heifers 504 to 549 pounds brought $149.50 to $160 and feeder heifers 600 to 641 pounds brought $134 to $147.75.
Cash hogs are mostly steady at midday with solid negotiated numbers.
