A quiet start to the week for direct cash cattle trade activity, with bids and asking prices slow to surface. Buyers and sellers have been busy taking inventory. It’s likely significant trade volume will develop around midweek or later. The bulk of last week’s business took place on Tuesday and Wednesday, with a little cleanup trade trickling in over the balance of the week. Dressed deals were mostly at $195, roughly $4 higher than the previous week’s weighted average basis in Nebraska.
