There’s some scattered direct cash cattle business developing across cattle country. Live deals in the South are at $142, about $2 higher than last week’s weighted averages. Some bids have been raised in Nebraska to $230 to $234, but no one is biting yet. Asking prices are at $143 to $145 live in the South and $240-plus dressed in the North. Look for additional business to develop throughout the day.
Boxed beef is higher at midday on solid demand for light offerings. Choice is $.27 higher at $264.61 and Select is $1.36 higher at $239.25. The Choice/Select spread is $25.36.
At the Hub City Livestock Auction in South Dakota, there was no accurate price trend available.