Direct cash cattle trade activity remains quiet. Bids and asking prices have yet to surface. Showlists this week are mixed: higher in Texas, but lower in Kansas, Nebraska, and Colorado. It’s likely significant trade volume is going to hold out until at least midweek or later.
Boxed beef is mixed at midday with light to moderate demand for solid offerings. Choice is $.37 higher at $311.26 and Select is $1.52 lower at $300.44. The Choice/Select spread is $10.82.
At the Callaway Livestock Center in Missouri, there was a light test of 400 to 500 pounds steer calves which sold with a lower undertone, steers 500 to 700 pounds were steady, steers 700 to 750 pounds were lightly tested, steers 750 to 800 pounds were not well tested, but sold with a firm to higher undertone.
