Chicago Mercantile Exchange live cattle futures were mixed and feeders were mostly higher ahead of the week’s widespread direct business. Soon to expire June live was $.45 higher $122.55and August was up $.32 at $121.92. August feeders were up $1.05 at $157.40 and September was $.72 higher at $159.80.
It was a quiet day for cash cattle with few deals developing at the end of the day on Tuesday. Live deals in Nebraska were at $126.50, about $1.50 higher than last week’s weighted averages.