Direct cash cattle markets are quiet. For the week to date, trade has been extremely limited, with Wednesday’s activity very light at $163 live in Kansas and $262 dressed in Iowa. Packer inquiry remains light with widespread business waiting until this afternoon or Friday. Asking prices are $167+ live. Beef export sale were a marketing year low at 5,600 tons following small reductions by several key customers, including a net cancellation by South Korea.
Boxed beef was lower at midday with light movement.
