Cattle futures supported by higher corn

At the Chicago Mercantile Exchange, live and feeder cattle closed higher on follow-through buying and the lower move in corn, waiting for direct cash business to develop.  June live cattle closed $.12 higher at $135.32 and August live cattle closed $.27 higher at $137.32.  August feeder cattle closed $2.20 higher at $176.27 and September feeder cattle closed $1.67 higher at $178.35. 

Direct cash cattle trade activity is off to a relatively quiet start. 

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