Cattle futures higher on the lower move in corn

Cattle futures higher on the lower move in corn

At the Chicago Mercantile Exchange, live and feeder cattle ended the day higher, with feeders leading the way, on the day’s lower move in corn.  October live cattle closed $.92 higher at $143.82 and December live cattle closed $.87 higher at $149.80.  September feeder cattle closed $2.25 higher at $182.17 and October feeder cattle closed $2.20 higher at $183.27. 

It was a very quiet Tuesday for direct cash cattle business.  A few early asking prices are around $144 live in the South, while the North remained quiet. 

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