Midday cash livestock markets


Midday cash livestock markets

Direct cash cattle trade has started to pick up at midday.  There are some bids noted and it’s expected packer inquiry will improve as the day progresses.  Opening bids are at $108 live and $173 to $175 dressed – a long way from asking prices which are at $115 live and $183-plus dressed.  The widespread could delay any significant trade volume until Thursday or even Friday.  The Fed Cattle Exchange had a decent showing today. 

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