At the Chicago Mercantile Exchange, live cattle closed higher, and feeders were mixed, watching corn and cash business develop. April live cattle closed $.45 higher at $119.42 and June live cattle closed $.25 higher at $117.75. March feeder cattle closed $.67 lower at $136.52 and April feeder cattle closed $.65 lower at $140.47.
Direct cash cattle trade has been quiet, and bids were non-existent. Asking prices did started to surface around $116 live in the South, while the North remained quiet.
