Direct cash cattle trade is quiet with a few scattered bids reported in parts of Kansas and Texas at $120 live and $195 to $196 dressed in Nebraska. A few asking prices have been reported at $125 to $126 live and dressed asking prices have yet to be established. Packer inquiry is light – and both sides will continue to monitor activity. Significant trade volume could be delayed until Thursday or Friday. Today’s Fed Cattle Exchange had 2,982 head offered with 413 head sold for a weighted average of $122.40 for 1 to 9-day delivery.
Continue reading Midday cash livestock prices at Brownfield Ag News.
