Cattle futures start the week mostly higher

At the Chicago Mercantile Exchange, live cattle were mostly higher and feeders were higher ahead of the week’s direct business.  June live cattle closed $1.20 higher at $132.77 and August live cattle closed $1.42 higher at $132.97. August feeder cattle closed $1.70 higher at $165.62 and September feeder closed $1.30 higher at $168.30. 

It was a relatively quiet Monday for direct cash cattle trade activity.  However, there were a few scattered deals reported at $138 live in Kansas. 

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