The cash cattle market didn't have much of a pulse Tuesday with potential bids and asking prices little more than loose talk. We think some showlists were priced around $155 in the South and $245-$248 in the North.
Thus far for Tuesday, negotiated cash trade was mostly inactive on light demand in all feeding regions. Last week in the Texas Panhandle live sale sold at 152.00. In Kansas for the previous week, live sales sold from 152.00-153.00.
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.