At the Chicago Mercantile Exchange, live and feeder cattle were mostly higher ahead of the week’s direct cash business. October live cattle closed $.05 higher at $125.52 and December live cattle closed $.07 lower at $130.17. October feeder cattle closed $.15 lower at $159.32 and November feeder cattle closed $.57 higher at $161.72.
It was a quiet Monday for direct cash cattle trade activity. Bids and asking prices didn’t surface. Showlists this week are lower across all major feeding areas.
