At the Chicago Mercantile Exchange, live and feeder cattle ended the day higher following Friday’s On Feed numbers, waiting for this week’s direct cash business to develop. October live cattle closed $.92 higher at $125.02 and December live cattle closed $1.20 higher at $129.52. October feeder cattle closed $.20 higher at $155.62 and November feeder cattle closed $1.57 higher at $158.47.
It was a typically quiet Monday for direct cash cattle trade activity.