Another quiet start for direct cash cattle business. Bids and asking prices have yet to surface. It’s likely business will follow the trend of recent weeks and significant trade volume will be delayed until the last half of the week.
Boxed beef is mixed at midday on light to moderate demand for moderate offerings. Choice is $.42 higher at $277.85 and Select is $.31 lower at $256.24. The Choice/Select spread is $21.61.
At the Callaway Livestock Market in Missouri, steer calves 400 to 500 pounds were $10 to $15 higher, steers 500 to 700 pounds were $4 to $8 higher, and steers 700 to 750 pounds were firm to $5 higher.
