There’s a light direct cash cattle trade underway.  Live deals in Nebraska at $140 live and $222 dressed.  Bids in other parts of cattle country are at $138 live.  Asking prices are firm at $140 live in the South and $224-plus dressed in the North.  There was light live trade reported in atypical fashion on Monday at $138 live in the South, fully steady with last week’s weighted averages.  There was also some scattered dressed trade reported in the North at $222, generally steady with last week’s weighted average basis in Nebraska. 

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