At the Chicago Mercantile Exchange, live and feeder cattle were higher ahead of the week’s direct cash business. February live cattle closed $2.17 higher at $167.90 and April live cattle closed $2.20 higher at $171.50. January feeders closed $2.65 higher at $217.95 and March feeders closed $2.52 higher at $218.60.
It was a typically quiet Monday for direct cash cattle business. Showlists this week are mixed – somewhat higher in Texas, but lower in Kansas, Nebraska, and Colorado.