At the Chicago Mercantile Exchange, live and feeder cattle closed higher, supported by strong wholesale values during the session and optimism ahead of this week’s cash trade. August live cattle closed $.80 higher at $103.60 and October live cattle closed $.70 higher at $107.15. August feeder cattle closed $.85 higher at $143.57 and September feeder cattle closed $.27 higher at $145.40.
A quiet Monday for direct cash cattle trade activity. Showlists this week appear to be somewhat lower in Kansas, lower in Nebraska/Colorado, and sharply lower in Texas.
