Direct cash cattle markets are quiet so far. Some extremely light trade was reported yesterday afternoon, but with another light week for Fed Cattle Exchange activity, widespread trade may wait until after Friday’s USDA cattle on feed and inventory reports. Asking prices are $120 to $122 on the live basis in the South and $192+ dressed in the North, with bids at $115 to $117 live and $186 to $187 dressed. The case of atypical BSE found in an 11 year old cow in Alabama isn’t expected to have an impact on cash or futures, because of the age of the cow and nature of the case.
Continue reading Midwest cash livestock markets at Brownfield Ag News.
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