At the Chicago Mercantile Exchange, live and feeder cattle ended the day mostly higher watching corn and waiting for direct business to develop.  June live cattle closed $.77 higher at $136.57 and August live cattle closed $.80 higher at $138.17.  May feeder cattle closed $.02 lower at $171.45. 

There was a light direct cash cattle trade in the South on Tuesday.  Deals were at $140 to $141 live, $1 to $2 higher than last week’s weighted averages. 

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