At the Chicago Mercantile Exchange, live cattle were mostly higher and feeders were higher ahead of the week’s direct business. June live cattle closed $1.20 higher at $132.77 and August live cattle closed $1.42 higher at $132.97. August feeder cattle closed $1.70 higher at $165.62 and September feeder closed $1.30 higher at $168.30.
It was a relatively quiet Monday for direct cash cattle trade activity. However, there were a few scattered deals reported at $138 live in Kansas.
