Direct cash cattle markets remain at a standstill. Bids and asking prices are not defined with widespread business not expected until the back half of the week, possibly Thursday or Friday. The show list is mixed this week, lower in Kansas and Texas, but higher in Nebraska and Colorado. Last week saw big drops for both live and dressed cattle in relatively light trade. The USDA’s Cattle on Feed report is out Friday afternoon.
Boxed beef at midday was lower with light to moderate movement.
