It was a typically quiet Monday morning in the cattle market with both buyers and sellers busy taking inventory. Bids and asking prices were not established. Significant trade volume will likely be delayed until Wednesday or later.
The bulk of last week’s cash cattle trade took place on Thursday. Northern dressed business was mostly $202.00, about $1.00 higher than last week’s weighted average. Southern live deals had a full range of $117.50 to mostly $123.00.