Direct cash cattle trade activity is off to its typically quiet start as both buyers and sellers are busy taking inventory.  Bids and asking prices will likely be slow to surface and significant trade volume is expected to develop midweek or later.  Deals last week in the North were marked at mostly $292, $8 higher than the previous week’s weighted average basis in Nebraska.  Live deals in the South had a range of $175 to $180, mostly $178 to $180, $7 to $9 higher than the prior week’s weighted averages. 

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