At the Chicago Mercantile Exchange, live and feeder cattle were up ahead of the week’s direct business and Friday’s On Feed numbers, with boxed beef sharply higher at midday. June lives closed $1.50 higher at $182.97 and August lives closed $1.87 higher at $180.42. August feeders closed $1.35 higher at $259.82 and September feeders closed $1.47 higher at $261.12.
Direct cash cattle trade activity was quiet again Tuesday. Bids were nonexistent.
