Cattle futures up, encouraged by steady to higher cash

Cattle futures up, encouraged by steady to higher cash

Chicago Mercantile Exchange live and feeder cattle futures were higher, with feeders in the lead on the mostly lower trade in corn and losses in other feed commodities. Additionally, boxed beef was higher at midday after the recent mixed trend and this week’s direct cash trade has been steady to higher. December live was up $.95 at $152.75 and February was $1.15 higher at $155.40. January feeders were $2.50 higher at $179.97 and March was up $2.25 at $182.50.

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