At the Chicago Mercantile Exchange, live cattle were mostly higher ahead of the week’s direct cash business. Feeder cattle were lower, pressured by the higher move in corn. October live cattle closed $.10 higher at $144.60 and December live cattle closed $.15 higher at $150.67. September feeder cattle $1.90 lower at $182.45 and October feeder cattle closed $2.02 lower at $184.45.
There was a light direct cash cattle trade that took place on Tuesday.