There’s a light direct cash cattle trade underway.  Live deals in the South are at $140, fully steady with last week’s business.  The North remains quiet.  Asking prices are at $140 to $142 live in the South, while they have not surfaced out of northern areas.  Look for more business to develop as the week progresses. 

Boxed beef is mixed at midday on light to moderate demand for fairly light offerings.  Choice is $.96 lower at $257.33 and Select is $.57 higher at $243.70.  The Choice/Select spread is $13.63. 

At the Joplin Regional Stockyards in Missouri, compared to last week feeder steers under 700 pounds were $4 to $6 higher, and steers over 700 pounds were mostly steady. 

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