Cattle buyers limited their efforts Monday to the collection of new showlists. The mid-month offering appears to be generally smaller than last week with only Nebraska showing more ready steers and heifers.
Thus far for Monday trading has been inactive on very light demand. Not enough sales for a market trend. Last week in the Southern Plains live sales sold at 162.00. In Nebraska live sales sold from 160.00-162.00 and dressed sales sold at 252.00.
Compared to last week, feeder and stocker cattle markets continued to show considerable strength for the start of October which is annually the month with the most pressure from spring-born calf sales.
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.