Chicago Mercantile Exchange live and feeder cattle futures were higher, optimistic about this week’s direct trade. That helped feeders shrug off the firm move in corn and both pits largely ignore the lower midday boxed beef. December live was up $.30 at $183.55 and February was $.65 higher at $184.62. November feeders were $.02 higher at $237.70 and January was up $.32 at $237.20.
Direct cash cattle trade was very quiet on Tuesday with just a few asking prices on the table in parts of the South at $187.
