At the Chicago Mercantile Exchange, live and feeder cattle were up ahead of the week’s direct business and the multiple reports from the UDSA. February lives closed $.27 higher at $169.62 and April lives closed $.65 higher at $173.50. January feeder cattle closed $2.27 higher at $223.17 and March feeders closed $1.97 higher at $224.15.
It was a typically quiet start to the week for direct cash cattle business. Bids and asking prices didn’t surface on Monday.
