Chicago Mercantile Exchange live cattle futures were higher Tuesday, supported by follow through buying after Friday’s higher finish. The trade is also watching weather in the Plains, with some key feeding areas expected to experience a wide range of conditions this week, potentially causing stress. October was up $1.32 at $105.77 and December was $1.65 higher at $110.12.
Feeder cattle were up on the same factors as the live pit. September was $1.30 higher at $138.95 and October was up $1.35 at $139.85.