At the Chicago Mercantile Exchange, live cattle were mostly lower, and feeders were higher ahead of the week’s direct business. June live cattle closed $.90 lower at $177.15 and August live cattle closed $.90 lower at $175.50. May feeder cattle closed $.87 higher at $246.05 and August feeders closed $.92 higher at $259.40.
Direct cash cattle trade activity was quiet again Tuesday. Bids and asking prices weren’t established. Showlists are mixed this week, higher in Texas, but lower in Kansas and Nebraska/Colorado.
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