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Cattle futures higher on Tuesday, expecting steady cash business

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Chicago Mercantile Exchange live and feeder cattle were higher ahead of this week’s direct trade, generally expecting mostly steady business. April live was up $1.32 at $188 and June was $.95 higher at $183.52. March feeders were $.75 higher at $252.30 and April was up $1.42 at $257.17.

Cash cattle country had a few scattered bids on the table in parts of Nebraska Tuesday afternoon, but asking prices in the North were very elusive.

Cattle futures higher on Tuesday, expecting steady cash business