At the Chicago
Mercantile Exchange, live and feeder cattle futures ended the day higher ahead
of widespread direct cash business.
Feeder cattle were supported by the day’s lower move in corn. August live cattle closed $.47 higher at
$100.90 and October live cattle closed $1.17 higher at $105. August feeder cattle closed $1.35 higher at
$140.70 and September feeder cattle closed $1.67 higher at $141.30.
A light direct cash cattle trade developed in parts of Kansas on Tuesday.
