Direct cash cattle trade is very quiet following the light to moderate business on Wednesday. Asking prices are at $140 live in the South and $236 plus dressed in the North. Look for some additional trade to develop over the balance of the week. So far this week, Southern live deals have been at mostly $138, about steady to $1 lower than last week’s weighted averages. Deals in the North have been at mostly $234, not quite $1 lower than last week’s weighted average basis in Nebraska.
