At the Chicago Mercantile Exchange, live and feeder cattle were higher ahead of the week’s direct cash business. June live cattle closed $.32 higher at $165.20 and August live cattle closed $.27 higher at $164.05. May feeder cattle closed $0.75 higher at $211.50 and August feeder cattle closed $.72 higher at $226.07
Tuesday was another very quiet day for direct cash cattle business. Packer inquiry has been limited, leaving bids and asking prices difficult to find.
