Direct cash cattle business is at a standstill. There was very light trade in the north Thursday at $154 live and $248 dressed, not enough to establish a trend. Asking prices are $158 to $160 live and $252+ dressed and with bids at $248 dressed and while bids are still hard to come by packer inquiry will improve as the day goes on. Many of the major feedlot areas saw another blast of very cold temperatures to end the week and high feed costs are a continued concern for the industry.

…