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Live cattle higher waiting for cash business

At the Chicago Mercantile Exchange, live cattle closed higher and feeders were mixed ahead of the week’s direct cash business.  December live cattle closed $.10 higher at $152.67 and February live cattle closed $.12 higher at $154.80.  January feeder cattle closed $1.12 higher at $178 and March feeder cattle closed $.57 higher at $181.17.

It was another quiet day for direct cash cattle business.  Asking prices were at $156 to $157 live in the South, while the North remained quiet. 

Live cattle higher waiting for cash business

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