At the Chicago Mercantile Exchange, live cattle followed feeders higher, watching direct business and the day’s sharply lower move in corn. June live cattle closed $.67 higher at $119.37 and August live cattle closed $1.25 higher at $121.27. August feeder cattle closed $3.42 higher at $154.60 and September feeder cattle closed $3.30 higher at $156.82.
A quiet Monday for direct cash cattle trade activity. Showlists this week are mixed – higher in Nebraska/Colorado, but lower in Texas and Kansas.
