At the Chicago Mercantile Exchange, live cattle were mixed, and feeders were mostly higher ahead of the week’s direct cash business. Feeders found some additional support from the mostly lower move in corn. April live cattle closed $.40 higher at $162.52 and June lives closed $.62 higher at $156.10. April feeders closed $.07 higher at $194.70 and May feeders closed $.40 higher at $199.55.
It was another quiet day for direct cash cattle trade business on Tuesday.