Cattle futures saw strong gains Wednesday with support from cash trade. The complex was also being supported by the lower to sideways movement for corn and soybeans and strengthening boxed beef values. Cattle futures will likely continue to closely watch cash trade to close the year.
A few direct cash cattle bids are on the table in the North. Asking prices are around $224 in the North, $140 plus in the South. There was some light to moderate northern dressed trade Tuesday at $218 to $225, mostly $220 to $222, $3 to $5 higher.
