Direct cash cattle trade activity is quiet following the moderate business that took place on Thursday.  There are a few bids that have been floated at $140 live. Asking prices for cattle left on showlists are around $143 plus live in the South and $222 plus dressed in the North.  While it’s likely the bulk of the week’s business has wrapped up, there could be a little cleanup trade take place yet today.   So far this week Northern dressed business has been at $218 to $221, mostly $200, which is $3 higher than last week’s weighted average basis in Nebraska. 

…