There are hints of interest in cattle country today, but otherwise slow to start. There are a few asking prices around $137 to $138 in the South but nothing to speak of in the North yet. Packers and feeders seem unwilling to tip their hand so far, but demand needs to be met, so packer inquiry should improve over the next day or two as their need for cattle grows.
There was strength in yesterday afternoon’s boxed beef and that continues today, with choice boxes $2.01 higher at $266.49, and select boxes up $2.55 at $257.73.