It’s a quiet Friday for direct cash cattle business following the previous two days of light to moderate trade. Northern dressed deals were marked at mostly $287 to $288, steady to $1 lower than the prior week’s weighted averages. Southern trade was at mostly $180, $2 lower than the prior week’s weighted averages.
Boxed beef is higher at midday on solid demand for moderate offerings. Choice is $.76 higher at $296.06 and Select is $.20 higher at $288.19. The Choice/Select spread is $7.87.