At the Chicago Mercantile Exchange, live and feeder cattle were higher ahead of the week’s direct cash business. August live cattle closed $1.62 higher at $178.82 and October live cattle closed $1.77 higher at $181.72. August feeder closed $.90 higher at $247.15 and September feeder cattle closed $.82 higher at $250.30.
It was another quiet day for direct cash cattle business. Bids did not surface. Asking prices were around $180 to $182 live in the South, while the North was quiet.