All is quiet in cash cattle country on Tuesday with bids and asking prices yet to be established. Significant trade volume will likely be delayed until Wednesday or later. This comes after business took place each day last week Monday-Friday in some form or fashion.
Boxed beef was lower at midday. Choice was down $.91 at $294.08 and Select was $4.19 lower at $258.64. The Choice/Select spread was $35.44.
At the Joplin Regional Stockyards in Missouri, feeder steers sold $4 to $10 higher compared to the most recent sale.