**Please note – Ryan Standard will be out of the office until Tuesday, Jan 2nd. In his absence, please contact Amanda Luhavalja at [email protected] with any questions, comments or trading. **

The market opened the holiday-shortened week in extremely quiet fashion on Tuesday, with no trading reported. Most price spreads remained steady to previous ranges. Light activity is anticipated for the remainer of the week, as the end of the year and the New Year’s holiday approach. 

Cattle slaughter finished last week at an estimated 621,000 head, down more than four percent on the week but up 12 percent on the…