It’s a typically quiet Monday for direct cash cattle trade activity.  Buyers and sellers are busy taking inventory and bids and asking prices have yet to be established.  Significant trade volume isn’t expected to develop until midweek or later.  The bulk of last week’s business took place on Thursday with a little cleanup trade on Friday.  Southern live deals were at $140 to $152, mostly $150, fully steady with the prior week’s weighted average basis. 

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