There’s another round of direct cash cattle trade underway.  A handful of deals have been reported at $230 dressed in the North and $138 live in the South, both fully steady with Tuesday’s business.  Asking prices are at $140 live in the South and $232 dressed in the North.  So far this week, Southern live business has ranged from $136 to $139, steady to $2 higher than last week’s weighted averages.  Dressed deals in the North had a range of $223 to mostly $230, roughly $4 higher than last week’s weighted average basis in Nebraska. 

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