Direct cash cattle trade is off to a quiet start again with bids and asking prices slow to surface. Showlists this week are mixed – higher in Kansas and Texas, but lower in Nebraska and Colorado. Significant trade volume will likely hold out until midweek or later.
Boxed beef is mixed at midday on light to moderate demand for light offerings. Choice is $.34 lower at $306.78 and Select is $2.01 higher at $290.71. The Choice/Select spread is $16.07.