It’s a typically quiet Monday for direct cash cattle trade activity as buyers and sellers prepare for the week ahead.  Bids and asking prices have yet to surface. It’s likely significant trade volume will be delayed until at least Midweek or later.  Last week live deals in the South were marked at $174, to mostly $175, $2 higher than the previous week’s weighted averages.  Northern dressed business was at mostly $277, $3 higher than the prior week’s weighted average basis. 

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