A few bids on the feedlot cattle are being reported at 116.00 in the South, steady with last week. Nervous about beef demand and daunted by the tall premium of nearby futures, cattle buyers seem to be in quite a quandary and could sit on their hands for several more days. Encouraged by the early week strength of live futures, feedlot operators are pricing show lists sharply higher at 120.00 plus live and 190.00 plus dressed.
Boxed beef in the morning report was mixed, with the choice down .41
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