At the Chicago Mercantile Exchange, live and feeder cattle ended the day higher watching direct cash business develop at solidly higher prices. June live cattle closed $1.82 higher at $166.10 and August lives closed $1.55 higher at $164.12. August feeder cattle closed $1.05 higher at $234.52 and September feeder cattle closed $.87 higher at $237.62.
It was an active day for direct cash cattle business. Live deals in the South were at mostly $171, steady in Kansas and $1 higher in Texas than the previous week’s business.