Cattle futures up ahead of week’s direct trade

Cattle futures up ahead of week’s direct trade

Chicago Mercantile Exchange live and feeder cattle futures were higher, getting ready for the week’s direct business, with boxed beef higher at midday. There was minimal for feeders from the lower corn. December live was up $1.40 at $153.05 and February was $.65 higher at $155.02. November feeders were $.40 higher at $178.22 and January was up $.30 at $179.92.

Direct cash cattle business was at a standstill. The day’s big feature was the distribution of this week’s show list, with bids and asking prices not defined.

.