Direct cash cattle trade activity is unsurprisingly quiet to start the week.  Bids and asking prices have yet to be established.  It’s likely significant trade volume will be delayed until midweek or later.  Most of last week’s business took place on Thursday with Southern live deals mostly at $120 to $121, steady to $1 higher than the prior week’s weighted averages.  Northern dressed deals were at mostly $196, $1 higher than the previous week’s weighted average basis in Nebraska. 

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