At the Chicago Mercantile Exchange, live and feeder cattle closed higher waiting for this week’s direct cash business to develop. April live cattle closed $.12 higher at $119.12 and June live cattle closed $1.35 higher at $121.77. March feeder cattle closed $.67 higher at $137.02 and April feeder cattle closed $.70 higher at $143.92.
Direct cash cattle trade activity was quiet to start the week. Showlists appear to be mixed, somewhat higher in Texas, but lower in Kansas, and Nebraska/Colorado.
