At the Chicago Mercantile Exchange, live and feeder cattle closed higher on follow-through buying and the lower move in corn, waiting for direct cash business to develop. June live cattle closed $.12 higher at $135.32 and August live cattle closed $.27 higher at $137.32. August feeder cattle closed $2.20 higher at $176.27 and September feeder cattle closed $1.67 higher at $178.35.
Direct cash cattle trade activity is off to a relatively quiet start.
