Wednesday midday cash livestock markets

Once again cattle buyers and feedlot managers are far apart on bids and asking prices. There are a few token bids in the South at 120.00 but producers are asking 125.00 to 126.00. In the North there are no bids reported and producers are looking for 203.00 plus. Buyers and sellers are being pulled in opposite directions with slumping cutouts versus firming futures and country expectations. Unless something changes like higher boxed values or lower futures it could be Friday before the two sides

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