A light, scattered direct cash cattle trade is underway.  Deals in Nebraska are at $105 live and $165 to $167 dressed, that’s $3 to $5 lower than last week’s weighted averages basis in Nebraska.  The bulk of these deals are marked for delayed delivery.  There’s also been a handful of deals in Iowa at $105 live.  Asking prices are around $110 plus live in the South and $169 plus dressed in the North.  Packer inquiry is expected to continue to improve as the day progresses. 

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