At the Chicago Mercantile Exchange, live and feeder cattle ended the day higher ahead of widespread direct cash business. Feeder cattle had additional support from the day’s lower move in corn. April live cattle closed $.37 higher at $118.77 and June live cattle closed $.25 higher at $118.92. March feeder cattle closed $.40 higher at $135.07 and April feeders were unchanged at $139.42.
A quiet start to the week for direct cash cattle trade.
