Direct cash cattle markets are quiet. Some light trade was reported in Texas yesterday at $184 on the live basis, but not enough to establish a trend. Asking prices today are $188 live and $294 dressed. Aside from a few bids at $183 live in Kansas, packer inquiry continues to be light. Widespread trade could wait until Thursday or Friday.

At the Philip Livestock Auction in South Dakota, compared to last week, feeder steers weighing less than 500 pounds were $5 to $10 higher, with 500-to-550-pound steers up $8 to $10, 550-to-600-pound steers steady to $6 higher, 600-to-650-pound steers $2 to $4 higher, and 650-to-700-pound steers $4 to $6 higher.

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