At the Chicago Mercantile Exchange, live and feeder cattle ended the day higher waiting for direct business to develop. August live cattle closed $.72 higher at $173.92 and October lives closed $.55 higher at $177.02. August feeder cattle closed $1.40 higher at $240.45 and September feeders closed $1.32 higher at $243.40.
It was a quiet Tuesday for direct cash cattle business. Bids and asking prices did not surface. There were a handful of sales reported in the North, but prices were not given and it was nowhere near enough business to establish a trend.
