At the Chicago Mercantile Exchange, live and feeder cattle were higher ahead of the week’s direct business. Feeders had additional support from the lower move in corn. June live cattle closed $.50 higher at $162.42 and August live closed $.57 higher at $160.07. August feeder cattle closed $1.67 higher at $223.10 and September feeders closed $1.60 higher at $226.65.
It was a typically quiet start to the week for direct cash cattle business.
