Direct cash cattle markets are quiet. Asking prices have been renewed at $117 to $118 on the live basis and $188+ dressed, with bids at $110 live and $178 to $180 dressed. Overall, packer inquiry remains generally light, so widespread business could end up waiting until Friday. Both sides will continue to watch the futures and wholesale markets. The available numbers should continue to expand over the next several weeks, but some of that impact could be lessened by lighter average live weights.
Continue reading Midday cash livestock markets at Brownfield Ag News.
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