Direct cash cattle trade activity remains quiet through midday. Asking prices have started at $188-plus live in the South, while the North is quiet. Bids haven’t surfaced. Significant trade volume isn’t expected to develop before the latter half of the week.
Boxed beef is mixed at midday with light to moderate demand for solid offerings. Choice is $1.56 higher at $314.89 and Select is $.06 lower at $302.99. The Choice/Select spread is $11.90.
