Light direct cash cattle trade has been reported in parts of Texas at $110. Other bids have been reported at $108 to $110 and dressed at $172 to $175 – some business is $2 lower than last week’s weighted average in that state. Asking prices are around $115 live and $180 to $183-dressed. The wide spread could further delay business until the last minute.
At the Valentine Livestock Auction in Nebraska, receipts were down on the year.