Direct cash cattle markets are at a standstill. Asking prices are $185 to $186 on the live basis, while asking prices on the dressed basis and bids remain unestablished. A handful of sales were reported Tuesday at $182 to $183 live and $288 dressed, just not enough to set any kind of trend. Packer inquiry should improve as the day goes on, but it looks like widespread business will be delayed until tomorrow, if not Friday.
