Direct cash cattle trade activity is improving. Bids have finally surfaced in parts of the North at $153 live and $245 to $246 dressed. Asking prices are around $157 plus live and $250 plus dressed. If the trend of recent weeks continues, significant trade volume will likely hold out until late in the day today and Friday. There were a handful of deals reported on Wednesday at $152 to $153, but not near enough to establish a trend. ... ...
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