Direct cash cattle trade is off to its typically quiet start to the week with bids and asking prices slow to surface.  Buyers and sellers are busy taking inventory.  Significant trade volume will likely be delayed until midweek or later.  The bulk of last week’s business took place on Wednesday and Thursday with Southern live deals marked at $169 to $174, mostly $170, $2 lower than the previous week’s weighted averages.  Dressed deals in the North had a full range of $275 to $281, mostly $280, about $1 lower than the prior week’s weighted average basis in Nebraska. 

…