A sluggish start for direct cash cattle business. Packer inquiry has been limited and bids haven’t surfaced. Asking prices are at $156 to $157 live in the South, but still not established out of the North. At least some business is expected to develop today, but the bulk of the week’s trade will likely take place Thursday and Friday. Today’s Fed Cattle Exchange was a non-starter with an offering of 1,023 head of which none sold.
