Direct cash cattle trade activity has been slow to develop this week.  Bids are at $144 live and $227 dressed in the North.  The rest of cattle country has been quiet.  Asking prices are around $144 to $145 live in the South and $230 plus dressed in the North.  Look for business to pick up as the week progresses.  Today’s Fed Cattle Exchange was a non-starter with 2,037 head offered and zero head sold.  High bids ranged from $140 to $143.50, but reserve prices were not met.

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