At the Chicago Mercantile Exchange, live and feeder cattle ended the day mostly higher watching corn and waiting for direct business to develop. June live cattle closed $.77 higher at $136.57 and August live cattle closed $.80 higher at $138.17. May feeder cattle closed $.02 lower at $171.45.
There was a light direct cash cattle trade in the South on Tuesday. Deals were at $140 to $141 live, $1 to $2 higher than last week’s weighted averages.
