Direct cash cattle markets are quiet. Asking prices are $115 to $117 on the live basis and $180 to $182 dressed, with bids of $110 live and $175 to $178 dressed. Widespread business this week could wait until Friday’s USDA cattle on feed report. This week’s offering at the Fed Cattle Exchange was 1,184 head and none sold.
Boxed beef at midday was modestly lower. Choice was down $.36 at $198.59 and Select was $.27 lower at $195.60.
Continue reading Midday cash livestock markets at Brownfield Ag News.
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