Another quiet start for direct cash cattle business. Bids have been slow to be renewed, there were some noted at $180 to $182 live in the South on Tuesday. Asking prices have been non-existent. Look for significant trade volume to hold out until sometime Thursday or Friday.
Boxed beef is lower at midday on light demand for solid offerings. Choice is $2.58 lower at $334.33 and Select is $2.28 lower at $305.65. The Choice/Select spread is $28.68.
At the Ozarks Regional Stockyards in Missouri, steer calves under 700 pounds were mostly steady with similar-weight heifer calves steady to $4 higher.