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A solid start to the week for cattle futures

At the Chicago Mercantile Exchange, live cattle closed mostly higher and feeders were up, watching corn and the direct markets.  October live cattle closed $.22 higher at $145.72 and December lives closed $.07 lower at $150.90.  October feeders closed $1.05 higher at $182.30 and November feeders closed $.77 higher at $183.52. 

It was a quiet Monday for direct cash cattle trade activity.  Bids and asking prices have been slow to surface.  Showlists this week are mixed – somewhat higher in Texas, but lower in Kansas and Nebraska/Colorado. 

A solid start to the week for cattle futures

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