Another slow start for direct cash cattle business. Bids and asking prices still haven’t been established. There were just a handful of deals reported in the North on Tuesday at $277 dressed, but it isn’t enough business to establish a trend. Look for packer inquiry to pick up as the day progresses.
Boxed beef was higher at midday on solid demand for moderate offerings. Choice was $.58 higher at $307.96 and Select was $1.17 higher at $286.06. The Choice/Select spread was $21.90.