At the Chicago Mercantile Exchange, live and feeder cattle closed higher, with feeders leading the way on the lower corn. February live cattle closed $.77 higher at $138.85 and April live cattle closed $.50 higher at $142.37. January feeder cattle closed $.65 higher at $165.52 and March feeder cattle closed $1.17 higher at $166.57.
It was a quiet start to the week for direct cash cattle trade activity. Showlists this week are lower across all feeder areas.
