It’s a quiet start to the week for direct cash cattle trade activity, which is typical for a Monday. Bids and asking prices have yet to surface and it’s likely significant trade volume will be delayed until the latter half of the week. Trade last week saw a boost, with live deals mostly at $107, $2 higher than the previous week’s weighted averages. Dressed deals were $167 to $168, $2 to $3 higher than the prior week’s weighted average basis.
