Direct cash cattle trade is off to a quiet start to the week.  Buyers and sellers are busy taking inventory.  Bids and asking prices have yet to be established, but it’s likely significant trade volume will be delayed until midweek or later.  Last week Southern live business had a full range of $140 to $142, mostly $142, generally $3 higher than the bulk of the previous week’s business.  Northern dressed deals had a full range of $217 to $221, mostly $220, generally $3 higher than the prior week’s weighted average basis in Nebraska. 

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