At the Chicago Mercantile Exchange, live and feeder cattle were higher ahead of widespread direct business.  June live cattle closed $1.27 higher at $247.20 and August live cattle closed $.92 higher at $243.35.  May feeder cattle closed $2.42 higher at $370.42 and August feeder cattle closed $2.17 higher at $370.12.  Direct cash cattle trade activity […]

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