At the Chicago Mercantile Exchange, live cattle closed higher, and feeders were lower, watching corn and direct cash business. June live cattle closed $1.10 higher at $133.17 and August live cattle closed $1.55 higher at $133.90. August feeder cattle closed $.60 lower at $167.42 and September feeders closed $.62 lower at $170.05.
It was a relatively quiet start to the week for direct cash cattle trade. There were a handful of live deals reported in parts of Iowa at $142, but not near enough to establish a trend.
