Live cattle futures mostly higher ahead of direct trade

Live cattle futures mostly higher ahead of direct trade

At the Chicago Mercantile Exchange, live cattle were mostly higher waiting for direct business to develop and feeders were lower on the higher move in corn. October live was up $.07 at $145.75 and December was $.37 higher at $151.35. September feeders were $1.47 lower at $181.52 and October was down $2.45 at $183.12.

Direct cash markets were at a standstill. Bids and asking prices were not established, with widespread trade expected to wait until at least Wednesday.

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