Direct cash cattle trade remains quiet with bids and asking prices not yet established.  Significant trade volume will likely be delayed until at least midweek or possibly later.  The bulk of last week’s business took place on Wednesday and Thursday.  Northern dressed deals ranged from $169 to $174, mostly $173 to $174, $2 to $3 lower than the prior week’s weighted average basis in Nebraska.  Southern live trade had a full range of $108 to $111, mostly $110 to $111, which was $1 to $2 lower than the previous week’s weighted averages. 

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