Direct cash cattle trade activity is quiet at midday as bids and asking prices have yet to be established. Showlists this week are somewhat larger in Kansas and larger in Texas, Nebraska/Colorado. Look for significant trade volume to be delayed until at least midweek or later. Last week’s deals ranged from $112 to $114 live and $178 to $182 dressed.
Boxed beef is mixed at midday on light to moderate demand for light offerings. Choice is $.20 lower at $231.13 and Select is $2.48 higher at $223.33. The Choice/Select spread is $7.80.
