Midday cash livestock markets

Direct cash cattle markets are quiet. The big feature today will be the distribution of this week’s new showlist, which could be steady to larger than last week following light to moderate activity in many of the major feeding areas. Asking prices are not yet established but are expected to be higher after last week’s higher business. Last week’s slaughter was 624,000 head, the largest in about six months, and wholesale business is starting to show signs of improving, with warmer weather and grilling season on the horizon.

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