Cattle futures mostly higher ahead of week’s direct trade


Cattle futures mostly higher ahead of week’s direct trade

Chicago Mercantile Exchange live cattle futures were mostly higher on spread trade, getting ready for the week’s widespread direct cash cattle business. August was down $.07 at $106.37 and October was up $.02 at $110.12.

Feeder cattle were mostly firm, following the lead of the live pit. August was $.22 lower at $152.57 and September was down $.02, also at $152.57. The other months were up modestly.

Direct cash cattle markets were quiet.

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