Direct cash cattle markets are quiet and will probably stay that way until at least Wednesday. The big feature should be the distribution of this week’s showlist, but with the holiday tomorrow, the size of this week’s supply may not be fully realized until the second half of the week. Projections from late last week were steady to a little bit larger. Bids and asking prices are not yet defined.
Last week’s business was mostly at $119 on the live basis in the South, mainly down $3 on the week, and $189 to $190 on the dressed basis in the North, about $4 to $5 lower than the prior week’s weighted average.
Continue reading Midday cash livestock markets at Brownfield Ag News.
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