At the Chicago Mercantile Exchange, live cattle were mostly higher, and feeders were higher ahead of widespread direct cash business. June lives closed $.07 lower at $164.32 and August live cattle closed $.30 higher at $162.75. August feeder cattle closed $2.07 higher at $231.05 and September feeders closed $1.87 higher at $233.85.
Direct cash cattle trade activity had a quiet, very typical quiet start to the week. Bids and asking prices were slow to surface.