At the Chicago Mercantile Exchange, live and feeder were higher ahead of the week’s direct cash business.  Boxed beef was higher at midday. April live cattle closed $1.90 higher at $164.90 and June lives closed $2.27 at $158.87.  April feeder cattle closed $2.82 higher at $197.62 and May feeders closed $3.82 higher at $201.37. 

It was a typically quiet Monday for direct cash cattle business.  Bids and asking prices were slow to surface. 

…