At the Chicago Mercantile Exchange, live and feeder cattle closed higher, supported by sharply higher boxed beef.  Feeders had additional support from the lower move in corn.  June live cattle closed $2.20 higher at $118.22 and August live cattle closed $1.50 higher at $120.35.  May feeder cattle closed $3.72 higher at $135.45 and August feeder cattle closed $4.42 higher at $148.70. 

It was a quiet Monday for direct cash cattle trade.  Bids and asking prices didn’t surface. 

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