Wednesday’s livestock trading activity remained sluggish across cattle markets, with buyers and sellers yet to establish clear price parameters. Industry observers expect meaningful trading volumes won’t materialize until later in the week, likely Thursday or Friday.
Boxed beef values showed upward momentum during midday trading, with Choice grade cuts climbing $1.92 to reach $379.35 per hundredweight. Select grade beef also posted gains, advancing 75 cents to $366.76. The price differential between Choice and Select grades currently stands at $12.59.
