It’s another quiet start for direct cash cattle business. Bids have yet to surface and asking prices are still not established. There were a handful of deals reported in Iowa Monday at $166, the rest of cattle country is quiet. It’s likely significant trade volume be delayed until midweek or later.
Boxed beef was lower at midday on light demand for moderate offerings. Choice is $.25 at $280.77 and Select was $.81 lower at $273.13.
