Direct cash cattle trade activity is relatively quiet to start the day.  There are a few scattered bids on the table at $125 live and $197 to $202 dressed in Nebraska.  Asking prices are around $124 live in the South and $202 to $204 dressed in the North.  Look for more business to develop as the day progresses.  Today’s Fed Cattle Exchange was a non-starter.  There were 5,844 head offered with just 64 head sold at $122. 

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