Direct cash cattle trade activity remains quiet. Bids have been slow to pick up. Asking prices are around $174 to $175 live in the South, while the North remains quiet. Weather remains a challenge for many and significant trade volume will likely be delayed until sometime Thursday or Friday.
Boxed beef is higher at midday on solid demand for moderate offerings. Choice was $2.94 at $297.93 and Select was $2.20 higher at $282.18. The Choice/Select spread was $15.74.
At the Winter Livestock Auction in Colorado, trade activity and demand were both good.