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.