A few scattered bids are on the table in direct cash cattle trade, but it remains to be seen who will blink first in this trade standoff. Southern asking prices are around $180 to $182. Asking prices have not been revealed in the North. Business is expected to develop later this afternoon.
Boxed beef was steady to lower at midday. Choice was $.24 lower at $302.62 and Select was down $3.09 at $276.67.
