It’s a typically quiet start to the week for direct cash cattle business. Today is a federal holiday and some markets are not reporting. Bids and asking prices have yet to surface. Significant trade volume will likely hold out until the last half of the week. It took nearly the entire week for business to develop as the bulk of the week’s trade held out until Friday. Live deals in Kansas and Texas were marked at $156, about $1 lower than the prior week’s weighted averages.
