It’s a typically quiet Monday for direct cash cattle trade activity.  Buyers and sellers are busy taking inventory.  Bids and asking prices have yet to surface.  Look for significant trade volume to develop midweek or later.  Deals last week took place on mostly Wednesday with some cleanup trade on Thursday and Friday. Southern live deals ranged from $136 to $138, mostly $138, fully steady with the previous week’s business.  Northern dressed deals were at mostly $220, generally $1 lower than the prior week’s weighted average basis in Nebraska. 

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