Direct cash cattle markets remain at a standstill. Asking prices are $182 to $183 on the live basis and $285+ dressed, with bids at $177 live and $282 dressed. Some very light business was reported at $178 live in Iowa Tuesday, but not nearly enough to establish a trend. The show list is mixed, lower in Kansas and Texas, higher in Nebraska and Colorado. The USDA’s Cattle on Feed report is out Friday at 3 Eastern/2 Central.
