Another relatively quiet start for direct cash cattle trade.  Bids have yet to surface.  Asking prices are around $138 to $140 live in the South, but still not fully established out of the North.  Packer inquiry is expected to pick up as the day progresses, but it is possible significant trade volume could be delayed until Thursday or later.  Today’s Fed Cattle Exchange was a non-starter with an offering of 1,035 head, none of which sold. 

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