Higher cash cattle trades noted this week August 3, 2021
There is a steady/higher bias showing up for cash cattle right now. Light sales were noted at $1 higher in Texas at $120. There were light sales in the North yesterday at $125, up from last week's mostly $122/$123 in that location. Last week's All Grades live based average was $121.68. 35% - 65% choice, what futures contracts are closely aligned with, moved at $118.72. Dressed sales last week averaged $197.39. Cash feeder prices are also holding firm.
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