Chicago Mercantile Exchange live cattle were mixed and feeders were higher ahead of the week’s direct business and Tuesday’s semi-annual USDA Cattle Inventory report. The U.S. inventory at the start of 2023 was down 3% on the year and numbers point to an even tighter supply in the coming months. February live was up $.10 at $158.85 and April was down $.32 at $163.02. March feeders were $2.22 higher at $186.15 and April was up $1.77 at $190.05.
