Chicago Mercantile Exchange live and feeder cattle futures were higher, optimistic about this week’s widespread direct cash business. Feeders did see occasional support from corn, which was down for much of the session, but closed mixed, with deferred contracts turning firm late. December live was up $.50 at $138.17 and February was $.70 higher at $139.65. January feeders were up $1.12 at $165.25 and March was $.85 higher at $167.95.
Direct cash cattle markets were quiet.
