At the Chicago Mercantile Exchange, live and feeder cattle were higher ahead of the week’s direct business. February live cattle closed $.70 higher at $168.60 and April lives closed $.90 higher at $172.40. January feeder cattle closed $1.30 higher at $219.25 and March feeder cattle closed $1.00 higher at $219.60.
Direct cash cattle business was quiet again Tuesday. Bids and asking prices didn’t surface. Showlists are mixed — somewhat higher in Texas, but lower in Kansas, Nebraska, and Colorado.
