Direct cash cattle trade is showing signs of getting underway. Asking prices are $151 to $152 on the live basis in the south and $245+ dressed in the north, with bids at $150 live in Kansas and Texas. Some trade is being reported at $150 live in Texas, steady with last week and packer inquiry is improving, with widespread trade potentially developing this afternoon, depending on demand. The USDA has reported a handful of sales averaging around $152, but not enough to establish a trend.

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