Live cattle futures higher on Tuesday

At the Chicago Mercantile Exchange, live cattle ended the day higher, feeders were mostly lower watching the week’s direct cash business develop.  August live cattle closed $.20 higher at $134.07 and October live cattle closed $.22 higher at $140.15.  August feeder cattle closed $.02 lower at $171.30 and September feeder cattle closed $.25 lower at $173.35. 

There was a very light direct cash cattle trade reported on Tuesday.  Live deals in Texas were at $136. 

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