Cash cattle deals have not been established at midday with asking prices around $123 to $124 live in the South. Asking prices haven’t been established in the North. Most of the week’s business likely won’t happen until Wednesday. Beef cutouts are expected to move higher through the day on light to moderate box movement.

Boxed beef is higher at midday on strong demand for moderate supply. Choice is up $4.66 at $304.46. Select is $2.29 higher at $283.10.

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