Midday cash livestock markets
Apr 23, 2024 12:01pm
Direct cash cattle trade activity remains quiet at midday. Bids and asking prices have yet to be established. Showlists are mixed this week, higher in Texas, but lower in Kansas and Nebraska/Colorado. Significant trade volume will likely be delayed until at least midweek or later.
Boxed beef is sharply higher and higher at midday on good demand for solid offerings. Choice is $3.69 higher at $299.62 and Select was $.74 higher at $292.61. The Choice/Select spread is $7.01.
At the Callaway Livestock Center in Missouri, steer calves 400 to 450 pounds were mostly $10 to $15 higher, calves 450 to 500 pounds were steady to firm, steers 500 to 550 pounds were firm to $5 higher, steers 550 to 600 pounds were $5 to $10 higher, steers 600 to 650 pounds were lightly tested.
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