At the Chicago Mercantile Exchange, live cattle closed higher and feeder cattle were mostly higher ahead of the week’s direct business and the stronger wholesale values during the session. October live cattle closed $.12 higher at $104.12 and December live cattle closed $.30 higher at $105.45. October feeder cattle closed $.10 lower at $134.50 and November feeder cattle closed $.70 higher at $130.77.
A very scattered direct cash cattle trade took place in the South on Tuesday.
