Activity in feedlot country was typically limited to the distribution of new showlists. The mid-month offering seems generally larger than last week. Some asking prices are around $163 in the South and $260-$262 in the North.
Thus far for Monday negotiated cash trade was inactive on light demand in all feeding regions. The latest established market in any feeding region was last week, with live sales at 161.00 in the Southern Plains.
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.