At the Chicago Mercantile Exchange, live cattle futures ended the day higher on the positive trade news with Mexico, lower steer weights, and while the cash trade was lower last week, it performed better than expected. Feeder cattle were higher on the same factors. June live cattle closed $2.77 higher at $109.70 and August live cattle closed $3.00 higher at $106.30. August feeder cattle closed $2.57 higher at $139.82 and September feeder cattle closed $2.37 higher at $139.72. Direct cash cattle trade activity is off to a slow start.
