It’s been another quiet start for direct cash cattle trade activity. Bids and asking prices have yet to be established, and it’s likely that significant trade volume will be delayed until the back half of the week.
Boxed beef is higher with solid demand for moderate offerings. Choice is $2.34 higher at $301.01 and Select is $2.87 higher at $289.45. The Choice/Select spread is $11.56.
At the Joplin Regional Stockyards in Missouri, feeder steers were $8 to $20 higher.