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Midday cash livestock markets

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Direct cash cattle trade activity has picked up with a handful of deals reported in Kansas at $185.  Live bids in other parts of the south are at $184 to $185 and in the North at $296 dressed.  More trade may develop as the day progresses, but significant volumes could easily hold out until sometime Thursday or Friday. 

Boxed beef is lower at midday on light demand for heavy offerings.  Choice is $1.22 lower at $309.87 and Select is $1.05 lower at $299.21.  The Choice/Select spread is $10.66. 

At the Hub Livestock Market in South Dakota, steers 600 to 699 pounds were $4 to $9 higher, steers 700 to 999 pounds were mostly steady, with instances of up to $3 higher on 850 to 899 pounds steers. 

Midday cash livestock markets

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