Activity in cattle feeding country was typically limited to the distribution of new showlists. Ready numbers appear to be generally larger than the prior week, especially in the North. Some steers and heifers were priced around $172-$173 in the South and $270-plus in the North.
Thus far for Monday negotiated cash trading has been at a standstill. Last week live sales sold at 170.00 in all of the 5 Area Feeding regions. Last week dressed sales sold at 265.00 in Nebraska and from 264.00-265.00 in the Western Cornbelt.
Compared to last week, feeder cattle and calves sold very uneven as prices on yearlings traded unevenly steady; early in the week mostly steady to 5.00 lower then firming up mid-week trading steady 5.00 higher.
Thus far for Friday, negotiated cash trade was mostly inactive on light demand in the southern and northern Plains as well as the western Corn Belt. Not enough sales in any major feeding region to establish an adequate market test. The latest available market
Fed cattle trade on Thursday in the southern Plains was light on light demand. Compared to Wednesday live sales traded steady at $91. In Kansas on Tuesday dressed sales traded at $143. In Nebraska trade was limited on light demand.
In Oklahoma City, OK, this week, feeder steers and heifers over 700 lbs. were called steady. Feeder cattle and calves under 700 lbs. were steady to $2 higher. Demand was called moderate for feeder cattle, but improved later in the day.