Direct cash cattle trade activity is still relatively quiet.  Bids and asking prices have finally surfaced.  Bids are at $175 live in the South and $290 to $292 dressed in the North.  Asking prices are starting at $180-plus live in the South, while the North is keeping its asking prices under wraps for now.  The distance between the two could set the stage for a standoff and push any significant business until late Friday.  So far this week there’s just been some light, scattered business reported in the North. 

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