Cattle futures start the week higher

Cattle futures start the week higher

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.