Direct cash cattle trade is quiet and both bids and asking prices are not well established. There have been reports that asking prices could start around $116 live and $185 dressed. Significant trade volume could be delayed until the latter part of the week.
At the Joplin Regional Stockyards, at the close receipts are up on the week and the year. Compared to last week’s auction steer and heifers were steady to $3 lower.