The direct cash cattle trade remains inactive, with asking prices starting at $188-plus live in the South. Boxed beef prices are mixed, with Choice at $314.89 and Select at $302.99. The Callaway Livestock Center has seen price increases for steer calves and feeder heifers. Cash hogs are also mixed, with processors not being overly aggressive in their procurement efforts. Barrows and gilts at the National Daily Direct are $.94 higher, with a base range of $75 to $83. Pork values have risen at midday, up $.73 at $93.89.
Disclaimer: The above summary was generated by a state-of-the-art LLM model and is intended for informational purposes only. It is recommended that readers refer to the original article for more context.
Original content
Direct cash cattle trade activity remains quiet through midday. Asking prices have started at $188-plus live in the South, while the North is quiet. Bids haven’t surfaced. Significant trade volume isn’t expected to develop before the latter half of the week. Boxed beef is mixed at midday with light to moderate demand for solid offerings. Choice is $1.56 higher at $314.89 and Select is $.06 lower at $302.99. The Choice/Select spread is $11.90. At the Callaway Livestock Center in Missouri, steer calves 400 to 500 pounds were $5 to $15 higher, with spots of $20 higher on steers 400 to 450 pounds. Steers 600 to 750 pounds were $5 to $10 higher. Feeder heifers 550 to 600 pounds were $5 to $10 higher, and heifers over 600 pounds sold with a higher undertone. The USDA says demand was good to very good on a moderate to heavy supply. Quality was very good on calves and yearlings. Buyers were aggressive in picking up cattle. Receipts were upon the week and the year. Feeder supply ...
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